Merger Not Expected to Affect Travel Offices : Briefly:
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United Artists Theatre Circuit signed a $15.8-million contract for construction of an 11-screen cineplex in Camarillo’s Pardee Plaza. “We’re confident that the homeowners will be pleasantly surprised with the final product,” said Rick Pearson of Daum Commercial Real Estate Services, which represented UA in the deal. Nearby residents initially objected to the project, citing potential traffic, crime and noise problems. . . . Weatherford International Inc. of Houston completed the acquisition of Santa Paula’s H&H; Oil Tool Inc. H&H; stockholders will receive 0.789 of a Weatherford share for each H&H; share held, bringing the value of the deal to $31 million.
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