Pacholder Associates of Cincinnati and its affiliates,...

Pacholder Associates of Cincinnati and its affiliates, which own the equivalent of 17.8% of LaBarge Inc.’s common stock, no longer plan to try to oust three members of LaBarge’s 10-member board. In a filing with the Securities and Exchange Commission, Pacholder--which had threatened the action last week--said that it is now satisfied with the company’s establishment of a shareholder beneficiary trust, to which St. Louis-based LaBarge assigned an option to buy more than 4.7 million LaBarge common shares. The shareholders trust, which is set up for the benefit of the former holder of the 14.5% subordinated debentures, was approved by LaBarge’s directors at a May 11 meeting.