European Stars And Stripes (Newspaper) - October 8, 1986, Darmstadt, Hesse Wednesday. Ocl Obar 8,1986 the stars and stripes pages investor makes Friendly bid for us new York lil u new York in Vestor Carl c. Icahn disclosed monday he has made a Friendly ofter to acquire us corp. For a share in Cash. He already owns 9.8.1 percent of the Oil and icel giant s outstanding Stock. If Leahn is successful the takeover of the former . Sirel corp. Would he Worth about $8 billion the third larg est business acquisition in . History after inc Chevron corp Purchase of Gulf corp. And the controversial Taxa to inc. Takeover of get i y Oil co. Icahn. Who won control of trans world airlines after a bitter takeover Battle Lasi year said in a filing with the securities and Exchange commission i Washington that he and a group of companies he controls made a Friendly offer to buy us in a letter dated oct. 6 to us chairman David m. Roderick. Icahn told Roderick that if the merge lakes place he would try to negotiate agreements with us s labor unions thai would give employees an equity interest or profit participation in the company steel business in Exchange for wage and other concessions. Such arrangements would in our judgment make . Steel Anil the Domestic steel Industry More competitive with foreign producers and provide greater opportunities for us s employees he said in inc Tetter. Icahn purchased Twa after reaching similar agreements with two of its three unions. In 1 Isburgh a spokesman for us said the company had no immediate comment on the Icahn offer. Us America s no. I steelmaker acquired Marathon Oil co. In 1982and Texas Oil and Gas corp. Earlier this year. Buffeted by falling Oil prices. In depressed steel Market and a Steelwork in strike the company has become unattractive target for such corporate raid cars As Minneapolis investor Irwin Jacob Sand Texas oilman t. Boone Pickens off cause its Stock is undervalued. To inc tint Sis months of 1986, us had a loss of $235 million on revenues of s8.s2 billion compared with a profit ofs36s million on revenues of si0.42 Bil lion in the same period last year. Plane carried cargo for contras lawmaker says Washington up a civilian cargo plan that crashed at an in Rice base in Texas killing three Crew member was on a Mission for the Cia rep. Henry Ion a us. A Texas said monday. Gon7alc7, in remarks la the House. Mid the plane was at Kelt a 1 h to pick up explosive materials Del lined for Contra rebels m Nicaragua. He said such Aidis not authorised because Congress has not Given final approval fur Ilie Shu million Rcd sled by t re Sidoni Reagan for the Cia is doing things with Money it has not received from tin1 he charged adding that the $100 Milliun is being used in Advance through administrate sinn million is included in a catch All spending Bill being negotiated by tin House and Senate. Approval of the funds considered Likely before Congress adjourns for llu1 Dan in that the aircraft was a Cia plane actually contracted for really owned by a company based in cargo plane into a hangar saturday Shonle after Taki off from Kelly near san Antonio. . Id coolm.-. Public affairs director at the air tone base said the 2j.k.11 pounds of cargo on Board included 20 Rockel Mylor. Metal in ejection scats and 14rocket catapults for tin1 seats As Well As common male rials such As Luel lain and an undisclosed amount of classified least Iti of the eve Plosive devices were consumed by a lire he said the Plain the civilian equivalent of the Railian s Clio transport find a longer version of Ali civilian Hercules i i. Had been in route to Kohlins Fabat Warner Robins tin officials said the plane was. Of. Lied by trans Ameri Ca and leased and operated by Southern air trans port basest in Miami. A Section of the chilian earn plane that crashed lies in Rains next la a hangar at Kelly fab in Texas. 33 marijuana Fields found burned in Kentucky Frankfort a Apt National guardsmen and stale police troopers flying in helicopters. Monday reported spotting .13 marijuana Fields in 21 coun ties and slate police began converging on the Sites on foot chopping and Burn ing the plants said maj. Thomas Racks Traw commander of the special investigations unit of the slate police. A conservative estimate of the Mari Juana s value was $27 million he said. If we found one Field we thought twas Worth it said gov. Martha Laynce Collins who put 60 guardsmen on Active duly for Kentucky s one Day operation Green Gray sweep. growers Are take an Opportunity to make a Quick easy Buck she said helicopters each carrying three unarmed guardsmen and two armed troop ers were dispatched to each of Ken Tucky s 16 stale police posts. The helicopters lev. At altitudes of200 to 300 feet and the wind from the rotors caused the Silvery underside of marijuana leaves to turn up reflecting sunlight and making them easy to was the first Lime Kentucky used guardsmen in direct support of state to Arii Uana eradication Collins said. The guard s involvement had Bee limited to reporting marijuana Fields spotted during training missions. An estimated million plants have been destroyed this year compared to 305,000 last year. Slate police commissioner Morgan Elvins said. Hit nun county in Western Ken Lucky yielded the largest single find 10,000 to 15,000 plants growing among sugar Cane. Pilots Given instructions by air control impostor Sands of time Miami a radio operator has transmitted orders Over air traffic control frequencies used at Miami International Airport twice in recent weeks once fooling a passenger plane into Chan Ging its Altitude a Federal aviation administration official said monday. There were some serious transmissions on the air traffic control on
