Chrysler and American Motors reported that they...
Chrysler and American Motors reported that they have received requests from the Federal Trade Commission for additional information in connection with Chrysler’s proposed acquisition of AMC . . . The Limited said it has consolidated two divisions selling large-size women’s apparel--Lerner Woman, a unit of Lane Bryant, and Sizes Unlimited--and is changing the new unit’s name to Lerner Woman . . . Wickes Cos., as expected, applied to have its securities listed on the New York Stock Exchange and said it expects the listing--as well as a 1-for-5 “reverse†stock split--to be effective Aug. 12 . . . Kraft Inc. said it planned to buy for an undisclosed price G&G; Produce Co., a City of Commerce-based distributor of hotel and restaurant food with annual revenue of $60 million . . . May Department Stores said it has agreed to sell its 10 Robinson’s of Florida department stores to Maison BlancheGoudchaux, a Louisiana retailer, for an undisclosed price; the Florida stores are not related to the J. W. Robinson stores in Southern California . . . Fujitsu Systems of America signed a contract worth more than $6 million to equip all 29 Bullock’s locations with “point-of-sale†systems capable of reading bar-code price tags; the conversion would make Bullock’s the first U.S. department store chain to use bar-code technology.
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