OTHER NEWS - Dec. 16, 1992
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From Times Staff and Wire Reports
The New York Stock Exchange said it has suspended trading in Trans World Airline’s $2.25 preferred stock on the expectation that shareholders will receive nothing in the airline’s bankruptcy reorganization. . . . American Cyanamid Co. and Immunex Corp. announced that they have agreed to create a new bio-pharmaceutical company, merging Cyanamid’s North American Lederle Laboratories oncology business with Immunex.
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