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Emhart Finds a Better Deal

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Emhart Finds a Better Deal Say hello to spring, but don’t put those boots away yet By The Associated Press Only 11.9 inches of snow fell this was 14.7 inches in the 1936-37 season, inches, far below the normal 13 proved hollow and when forecasts of a winter at the weather service office at closely followed by 16.4 inches in inches. Ten inches of snow yields 1 dusting preceded 5-inch snowfalls. Say goodbye, Connecticut, to the Bradley International Airport in 1979-80 and 17.7 inches in 1980-81. inch of precipitation. “ This is the winter that caused winter that never was. Say hello to Windsor Locks, Normal seasonal Forecasters said today’s sunshine Althoug the winter has been short spring, but don’t put those boots snowfall is 48.9 inches, the weather every meteorologist in the East to will give way to clouds and snow on snow, it hasn’t been much warmfer leave their egos at the door before away. service said. later, and the snow will turn to rain than usual. Since Dec. 1, the tempera­ coming in to work,’’ said Mel Spring began at 10:28 a.m. today, The 11.9-inch mark won’t go intothe overnight ture has averaged only 1.3 degrees Goldstein, director of the Weather ending what could turn out to have record books right away, however. above normal. been the least sno ./y winter since the Any snow that falls between now and The lack of precipitation has left Center at Western Connecticut State National Weather Service began mid-May will be included in the reservoirs critically low in the New This winter also saw forecasters University in Danbury. “ Because keeping records in the Hartford area seasonal total. London and Stamford areas. Total turn red in the face on several this winter we found out how little we in 1904. The all-time minimum snowfall precipitation since Dec. 1 is 4.73 occasions when predictions of snow really know about the weather.” A manrIjfBtpr Hrralb Monday, March 20, 1989 Manchester, Conn. — A City of Village Charm 30 Cents 'i : ' i Coventry five sHdots flJaurhffitrr HrraUV Manager Emhart finds for Class $ crown inks pact with 8th a better deal: see pa^e 42 SPORTS Bv Alex Girelll Manchester Herald B&D m erger Gift pens, handshakes and smiles of relief were the order of the day today at the Municipal FARMINGTON (AP) - Em­ industrial sector businesses in­ Building, when Town Manager hart Corp., which rejected a $2.4 clude “ products that fit well with Robert B. Weiss signed a historic billion takeover offer earlier this our commercial and industrial agreement with the Eighth Utili­ month, and Black & Decker Corp. tools.” HOYAS SURVIVE A SCARE ties District. announced a $2.8 billion merger Scott will become director and The pens Weiss gave to to other agreement today. chairman of the board of Black & officials were ordinary ball point Under the agreement, a subsi­ Decker. Archibald will continue NCAA Roundup pens from the town’s stock of diary of Black & Decker will as president and chief executive supplies. But they became me­ begin a tender offer for all officer of Black & Decker. mentos after Weiss used them to outstanding shares of Emhart Under the Black S t Decker- sign the agreement that is de­ By The Associated Press common stock at $40 a share. The Emhart agreement. Citibank, signed to settle long-standing agreement is subject to the N.A. will provide $1 billion to help PROVIDENCE. R.I. (AP) — Alonzo Mourning’s disputes between the two govern­ condition that at least two-thirds finance the offer and has said it is free throw with 23 seconds to play gave third-ranked ments over fire and sewer of Emhart’s common stock on a confident it will be able to obtain and top-seeded Georgetown a 50-49 victory over jurisdiction. fully diluted basis is validly commitments from a group of Princeton Friday night as the Hoyas avoided what The signing ceremony, which tendered. banks for the balance of funds ..t would have been the biggest upset in NCAA came a year after negotiators Any shares not acquired in the needed to complete the purchase tournament history. began to iron out the accord, tender offer will be acquired at and pay expenses, company The 16th-seeded Tigers had two final chances for prompted Police Chief Robert D. $40 a share in a subsequent officials said in a prepared the seemingly impossible victory but Mourning, Lannan to say, “ This is fantastic. merger, the companies said in a statement. who had tied the game at 49-49 by hitting two free I never thought it would happen. ’’ news release. Black S t Decker, a global throws with 1:41 left, blocked a 3-point attempt by Weiss’s approval came after The merger agreement comes marketer and manufacturer of Bob Scrabis with six seconds left and a final shot by the pact was approved last week shortly after Farmington-based Kit Mueller missed as the buzzer sounded. by the voters of the Eighth Emhart spurned the unsolicited, See EMHART, page 10 The sellout crowd at the Providence Civic Center Di.strict and the town Board of $35-a-share offer from the Topper adopted the Tigers as their own and the groan that Directors. It is to be approved by Acquisition Corp., a New York- sounded as the last shot missed nearly matched the directors of the district tonight based investment group that ovations the Tigers received throughout the game. and then made final by an act of included oil heir Gordon P. Getty. Continental The biggest previous upsets in NCAA tournament the General Assembly. " I support the Black & Decker history have been the five times the 14th-seeded Weiss’s signing of the accord offer,” Peter Scott, Emhart pres­ team has managed to beat the third seed. It was witnessed today by district ident, chairman and chief execu­ attendants happened Thursday when Siena beat Stanford. President Thomas Landers and tive officer, said in a prepared Georgetown, 27-4, was the second No. 1 seed in two Mayor Peter P. DiRosa Jr. statement. days to escape with a one-point victory. Oklahoma, The agreement is one that “ I believe it presents an excel­ join strike seeded first in the Southeast, rallied to edge East leaders of both governments hope lent opportunity for the Emhart Tennessee State 72-71 on Thursday. will end the perennial strife that Reginald PInto/Manchaatar Harald shareholders at a time of volatile Scrabis led the Tigers, 19-8, with 15 points. has marked relationships be­ financial markets and also is the By Dan Sewell The lead from the free throws by Mourning, the tween the governments. VICTORY RIDE — Ron Badstuebner, Class S championship Saturday after­ best interest of Emhart’s em­ The Associated Press only Hoya in double figures with 21 points, was just In a brief talk before he put his boys’ basketball coach at Coventry High noon at Central Connecticut State ployees and other constituencies. the third of the game for Georgetown, which trailed signature on the document, Weiss “ In my view, the combination Continental Airlines flight at­ by 10 points, 31-21, when the Tigers scored the said the accord “ will give a sense School, raises his hand, signaling his University’s Kaiser Hall. Stories and of these two industrial companies tendants announced a strike opening basket of the second half. of security to the Eighth District team is No. 1, after the Patriots beat more pictures on pages 11 and 13. provides tremendous opportuni­ today and began picketing at Georgetown’s first basket from the outside came and a sense of security to the Tolland High School, 58-51, for the state ties for synergies and growth. airports, but no immediate ef­ with 11:44 to play and it was a 3-pointer by Mark town.” The agreement with Black & fects were reported on flights at Tillmon which brought the Hoyas within 37-35. The agreement, among other Decker also alleviates my con­ strikebound Eastern’s sister Princeton’s final lead came at 49-47 with 1:55 to things, will fix district and town cern that prolonging the takeover carrier. play on a layup by Jerry Doyle. Mourning tied it 14 boundaries for fire protection and battle with Topper could have “ I can only confirm that the seconds later and his free throw proved the sanitary sewer service. Aides get push toward nursing adverse effects on certain seg­ difference. “ We should plan for one town strike has been called,” Myra ments of Emhart’s business.” Clayton, spokeswoman for the Princeton executed its game plan to perfection in and fight fires for one town,” Nolan Archibald, Black S t the opening half, spreading' the court, eating the Weiss said. Union of Flight Attendants, said through a cooperative program Decker’s president and chief today in Houston. She said the 45-second clock and frustrating the Hoyas into poor He said there will now be a executive officer, said the acqui­ decision was made among union outside shots and uncharacteristic turnovers. “ sense of harmony that has not sition of Emhart will broaden the Princeton was the last Ivy League team to win an existed except when firefighers By Nancy Concelman leaders Sunday night, but it was Manchester Herald company’s product base and not directly related to the strike NCAA tournament game, beating the University of (from both the town and district) provide “ excellent growth oppor­ San Diego in 1984. have fought fires together.” that has all but shut down Eastern When a strike at Colt Industries tunities for Black & Decker for Airlines since March 4.
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