AFG =Analog Function Generator 模拟函数发生器
=Two-Axis Free Gyro 二自由度陀螺仪
- At the time, AFG Partners had accumulated a 9.8% stake in Lear.
- The board of AFG, one of North America's leading glassmakers, said Thursday it had signed a definitive agreement to support Clarity Holdings Corp. offer to pay $33 a share for 94 percent of its common shares, or $883.4 million.
- AFG said its board had appointed a special committee consisting of outside directors to consider the Clarity Holdings proposal.
- AFG Industries Inc. shareholders said they have filed a consolidated suit against AFG, Clarity Industries Corp., Randall D. Hubbard and others who weren't identified.
- AFG Industries Inc. shareholders said they have filed a consolidated suit against AFG, Clarity Industries Corp., Randall D. Hubbard and others who weren't identified.
- However, AFG said that it isn't in compliance with current financial conditions imposed by its banks.
- AFG, a glass producer, had net income of $45.9 million, or $1.81 a share, on sales of $360.3 million for the first nine months of 1987.
- In composite trading on the New York Stock Exchange yesterday, AFG shares soared $5.75 to close at $32.50.
- But these measures were no longer significant in light of the $2.23 billion bid for Gencorp by AFG Industries and Wagner & Brown.
- AFG officials couldn't be reached to comment on the allegations in the shareholder suits.
- The bids were for Lear Siegler Inc., which makes aerospace, automotive and other products that since has been taken private, and GenCorp Inc., which thwarted the AFG partnership's bid with a stock buy-back offer.
- "(AFG is) very well positioned for an upturn," Mr. Doyle added.
- However, Clarity Holdings Corp., the group he formed to take AFG private, said in a statement that its tender offer was continuing.
- AFG Partners also said in the letter that it was unable to obtain certain nonpublic information from Lear Siegler that AFG said is required before it can consider raising its $85-a-share, or $1.44 billion, offer for Lear Siegler.
- AFG Partners also said in the letter that it was unable to obtain certain nonpublic information from Lear Siegler that AFG said is required before it can consider raising its $85-a-share, or $1.44 billion, offer for Lear Siegler.
- Wagner & Brown, a closely held oil partnership, acted as a partner with AFG in making the offers for Lear Siegler and GenCorp, both of which failed but produced sharp profits on stock they had purchased during the bids.
- 'That's a load of rubbish,' says the AFG unit's manager.
- GenCorp said the agreement doesn't affect its pending lawsuit against Shearson Lehman Brothers Inc., which has served as investment adviser to both GenCorp and to the AFG and Wagner & Brown partnership.
- GenCorp originally sued Wagner & Brown and AFG Industries March 23.
- AFG Industries Inc. expects to report that fourth-quarter results were "almost identical" to those of the third-quarter, said Randall D. Hubbard, chairman and chief executive officer.
- The AFG partnership said it would invest $250 million of its own in the proposed acquisition, and has reached a definitive $400 million margin credit agreement with a "major" commercial bank for additional financing.
- AFG Partners was formed by Irvine-based AFG Industries Inc. and Wagner & Brown, an oil and natural gas partnership in Midland, Texas.
- AFG Partners was formed by Irvine-based AFG Industries Inc. and Wagner & Brown, an oil and natural gas partnership in Midland, Texas.
- AFG Partners renewed its offer to acquire Lear Siegler Inc. for $85 a share, or about $1.44 billion, as Lear Siegler management continued to mull a leveraged buyout or restructuring.
- AFG had paid a dividend of four cents a share prior to the split.
- On Thursday, Forstmann Little said it had completed the review, that AFG had promptly furnished requested confidential information and that AFG management had cooperated fully in the review.
- On Thursday, Forstmann Little said it had completed the review, that AFG had promptly furnished requested confidential information and that AFG management had cooperated fully in the review.
- AFG partners currently holds 4.7% of Lear Siegler shares.
- Glaverbel said AFG Industries will now be controlled by a holding company called Clarity in which Glaverbel will have a 20 percent stake.
- Two AFG Industries Inc. shareholders filed class-action lawsuits in Delaware Chancery Court, seeking to block a $33-a-share tender offer for AFG by a unit of Clarity Holdings Corp., which was recently formed by Randall D. Hubbard, AFG's chairman.