European Stars and Stripes (Newspaper) - December 4, 1990, Darmstadt, Hesse Tuesday december 4, 1990 the stars and stripes Page 5at&t offers to buy nor for $6 billion new York apr american Telephone amp Tele graph co. Disclosed sunday it has made a $6 billion takeover offer for nor corp., a Deal that would bolster the phone giants role in the computer Industry. At amp to said its disclosure of the $90-a-share bid followed weeks of discussions with nor that broke Down Over the Price of the offer. The Deal would be transacted through a Stock Swap which at amp to said would make it tax free. Under the plan each share of nor would be exchanged for $90 Worth of at amp to Stock. Nor is the the nation s fifth largest computer company. At amp to said its chairman Robert e. Allen held several a thoughtful conversations with nor chairman Charles Exley or. About the proposed acquisition since nov. 15 and the two companies and their boards have exchanged letters and presentations on it. On Friday nor informed at amp to that it is a prepared to enter into private discussions a according to a statement from the phone company. But then talks broke Down at amp to said. At amp to released a letter dated Friday from Exley to alien. In it the nor chairman said his company a directors rejected at amp to a bid because it Felt the offer was too Low and out of concern Over a the strategic and business logic of a merger. A if at amp to is prepared to offer a Price which More accurately reflects what you characterized to our Board As the substantial prospects our Ncry a business plan the strategic importance of nor to at amp to a future and the value of avoiding a disruptive takeover Battle nor is prepared to enter into private discussions Quot Exley said in the letter. In its statement at amp to said its offer would remain open until the end of business wednesday adding Quot at amp to believes that if a merger Price acceptable to nor cannot be negotiated the ultimate decision should be made by nor in a statement sunday night Exley appeared to criticize at amp to a Public disclosure of the talks. Exley said at amp to cannot Hope to achieve the merger a without the support and Confidence of nor management in at amp to a integrity and sense of honor.�?�. In a letter to Exley dated sunday Allen said at amp to was committed to Complete a merger. The letter Calls for nor to give it information that would justify a higher offering at amp to nor merger would be the 1990�?Ts second largest takeover. Matsushita electric Industrial $6.15 billion merger with Mca inc. Was announced last week. At amp to said its Purchase of nor would be particularly beneficial in Selling computers and other equipment to a transaction intensive industries such As retailing and banking where nor has its traditional strength. At amp to said such uses of computers require extensive communications know How that the company can provide. Under a merger at amp to s computer line would be combined with Ncry a and nor would continue Loop crate under its own name from its Dayton Ohio Headquarters at amp to said. At amp to said it did not expect to close nor facilities As a result of a merger. Nor with about 56,000 employees announced earlier this fall a strategic change to its computer line. Under the change All proprietary machines were sched Fulcd to be replaced with so called open systems which can interface with models made by other companies. Nor formerly National Cash Register is a. Leading maker of automated banking machines and Cash registers in addition to computers. A at amp to with about 279,000 employees entered the computer business six years ago As a result of the breakup of the Bell Aaron Copland dead at 90 North Tarrytown . A Aaron Copland the pioneering composer who used Folk songs and jazz in writing plainspoken classics such As a appalachian Spring a a Lincoln portrait Ana a Billy the kid a died sunday at age 90. Copland who lived in Peekskill ., died in Phelps memorial Hospital in Westchester in upstate new York. It he had recently had two strokes and suffered respiratory problems and died from complications stemming from them according to his lawyer Ellis Freedman who announced his death. A admired by colleagues As the a Dean of american music a Copland was a major Force in gaining International recognition for the nations 20th Century composers. His honors included a pulitzer prize a presidential medal of Freedom the Guggenheim foundations first music Fellowship and a motion picture Academy Oscar Vivian Perlis with whom he wrote his Memoir said Copland a had the unusual ability to reach a wide audience and at the same time he composed some of the masterworks of the Century that were highly respected by other she added a the put american music on the map. He decided that there should be an american sound a place for the Aaron Copland american among his better known works were the score for a the red Pony a the 1949 movie based on a Short Story by John Steinbeck and a Lincoln portrait music performed with narration inspired by the writing of Carl Sandberg other noted pieces included a fanfare for the common Man a written in 1942. A the was the composer who would Lead american music out of the wilderness a the late Leonard Berf Stein wrote in High Fidelity Magazine for the occasion of Copland a 70th birthday. A the was the Leader the one to whom the Young always came with their compositions a composer William Schumann said he Copland and Bernstein were close friends for Many years and formed a a a triumvirate among american composers a i think Aaron created the american sound in symphonic music a Schumann said. A the has not Only been for a Hal Century the pre eminent american composer but a remarkable Force As an influence with younger he added a Copland believed in the Validity of american music and that we were not inferior to our european Copland wrote two. Operas six ballets and eight film scores including his Oscar winning music for William Wylera so the heiress Quot in 1948. He was a pianist conductor author and educator guiding numerous musicians including Bernstein. Copland won his pulitzer and the new York music critics Circle award in 1945 for a appalachian Spring Quot which he wrote for Martha Graham to accompany her choreography based on a Hart Crane College students Virginia City to debate flooded Cave Pic to License beggars poem. Among the compositions most famous themes a Shaker Melody played by clarinet and followed by five variations. His ballets a Billy the kids and Quot Rodeo also combined Cowboy tunes and Folk songs with original themes. Despite his Success Copland slopped composing after 1967, spending much of his time at his Home and directing recordings of his works. One reason Tor Bis decision to Stop composing was the rejection by Young composers of his a i escape a his first at tempi at the highly structured atonal 12-tone system. Born nov. 14, 1900, Copland was the youngest of five children. His parents immigrants from Eastern Europe owned a neighbourhood department store in Brooklyn. A v a Copland never married and left no survivors. A a a. A v a a a Sands of time in the stars and stripes new Scotland , a five College students emerged unscathed after being trapped by a Flash flood for More than seven hours in the Depths of a mile Long Cave. A a. A the group consisted of Laura Sej Icaro Nicholas Springer and Scott Baisch of Syracuse University Lynn Cowan of Columbia University and Peter Bowie of Cornell University. The group entered ones Quethan Cave located in an isolated area about 10 Miles Southwest of Albany about 2 . Saturday they became trapped a Little More than two hours later when a Beaver dam on a Lake about three Miles from the Cave Entrance burst sending water cascading Down a Stream bed and into the 50-foot-deep Cave. The students had last been seen entering the Cave by another party of up clunkers from Massachusetts who alerted police after the dam burst. State police divers and other rescuers eventually reached the stranded students after shoring up the broken dam. Richmond a. Up the City Council will debate on dec 14 a proposal to require beggars to buy permits and Wear them around their necks an idea one homeless activist likens to the nazis forcing of jews to Wear the Star of David a we done to have the evil Empire to hate any More so now we re looking for another group to hate a said the Rev David Hayden an outspoken activist for the homeless and poor the proposal would require beggars to buy the $25 permits and Wear them around their necks if they Panhandle in Public the permits would have to be renewed every 90 Days a City manager Robert Bobb said he is seeking the proposed ordinance to defuse complaints he has received about so called aggressive begging. Under the proposal panhandling without a permit would be a Misdemeanour. A the Way i read this if i borrow a Quarter from a Friend if i borrow change from a Friend on the Street to get bus fare be Quot we i a a cause i had a Flat tire j m begging in a Money m a Public right of Way said Jay Public place a said Kent Willis of the Rostov an owner of a Coffee shop american civil liberties Union of Virginia a i. A Bobb acknowledges that some panhandlers could have difficulty coughing up the $25 to Purchase permits his proposal would require a beggar who cannot pay for a permit to be referred to Richmonds social services department which would help the Dler in locating services for his needs. Even with a permit beggars would not be allowed to Panhandle on sidewalks narrower than 10 feet within 50 feet of the Entrance to a retail shop or in ways that might impede pedestrians. The 50foot Rule would bar begging in downtown Richmond and the Carytown retail District in the City a trendy West end Willis said. The 10-foot Rule would ban begging in residential neighbourhoods with their typically narrow sidewalks. Retailers who Are suffering Tough times of their own because of Ihu recession seem to favor the permit. A we have Street vendors making40 years ago dec. 4, 1950 a West German Chancellor Konrad Adenauer rejected a proposed plan by communist East Germany to reunite the divided country.30 years ago today. Dec. 4, i960 a president elect John f. Kennedy named North Carolina gov Luther h. Hodges to be his Secretary . .20 years ago today. Dec. 4,1970 a the Senate voted 52-41 to scrap president Nixon a plans to Contin 4 be massive Federal Aid to develop commercial supersonic transport plane.10 years ago today. Dec 4, 1980 a the polish communist Central committee purged four members from its ruling politburo and replaced them with just women
