Park-Ohio Industries Inc

Article Abstract:

Park-Ohio Industries Inc's acquisition of Kay Home Products Inc should increase its $115 million sales in 1991 by $60 million. Aside from the acquisition, Park-Ohio will also have new Chmn and CEO Edward Crawford managing the operations of the combined companies. Crawford, who owns 27% of Park-Ohio's stock, managed to shut out 5.04% share owner Richard M. Osborne. However, Osborne can look forward to an improved performance by Park-Ohio in 1992 and 1993 which is a certain result of its restructuring.

Motor vehicle parts and accessories, Plastics products, not elsewhere classified, Metal cans, Aircraft parts and equipment, not elsewhere classified, Industrial furnaces and ovens, Metal household furniture, Household furniture, not elsewhere classified, Automobile equipment and supplies industry, Automotive parts industry, Mergers, acquisitions and divestments, Container industry, Aircraft equipment and supplies industry, Aircraft parts industry, Park-Ohio Industries Inc., Kay Home Products Inc.

---

Catalina Marketing Corp

Article Abstract:

Catalina Marketing CEO Tommy Greer disclosed that the company cannot deliver on the 40 to 60% growth rate it projected during its public offering last Mar 1992. Greer realized that revenue would be moderate even before the end of Sep 1992 second quarter due to increasing competition. The company, however, finalized a joint deal with Information Resources Inc to foster proprietary capabilities for both firms. Catalina does not pay dividends on the 10.2 million shares.

Computer peripheral equipment, not elsewhere classified, Advertising, not elsewhere classified, Securities, Marketing industry, Catalina Marketing Corp.

---

Similar abstracts:

• Abstracts: Videocart Inc. Ketema, Inc
• Abstracts: Honeywell, Inc. CyCare Systems Inc. Anacomp, Inc
• Abstracts: Salomon Inc. Alex Brown Inc
• Abstracts: Torchmark Corp. Preferred Health Care Ltd. Coventry Inc
• Abstracts: Gerber Scientific, Inc. Altera Corp

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.