NEWS SUMMARY
Date: 21 December 1988
LEAD: International
1988년 12월 21일은(는) 수요일의 별 기호 아래에 있는 **♐**입니다. 올해의 355일이었습니다. 미국 대통령은 Ronald Reagan입니다.
이 날에 태어났다면 당신은 37살입니다. 마지막 생일은 2025년 12월 21일 일요일, 195일 전이었습니다. 다음 생일은 2026년 12월 21일 월요일일 후 169입니다. 당신은 13,709일, 약 329,035시간, 약 19,742,136분 또는 약 1,184,528,160초 동안 살았습니다.
Date: 21 December 1988
By Jeremy Gerard
Jeremy Gerard
LEAD: Max Robinson, a television correspondent who became the first black to anchor a network news broadcast, died of AIDS yesterday at Howard University Hospital in Washington. He was 49 years old and lived in Chicago.
Date: 21 December 1988
By Flora Lewis
Flora Lewis
LEAD: There is a sense of vertigo. The proposals and the words are changing so fast there isn't time for the music to catch up. All kinds of old assumptions are being ripped open for new questions. While they assumed the worst, the dread had taken on a kind of worn familiarity.
Date: 21 December 1988
LEAD: * Bausch & Lomb Inc., Rochester, said it had expanded the marketing of its disposable contact lenses into the Boston area.
Date: 22 December 1988
LEAD: * Allegheny International Inc., Pittsburgh, the troubled small-appliance maker, said it was weighing a new takeover offer - made by merchant bankers led by Paul Levy, Angus Littlejohn and Peter Joseph - while continuing to negotiate with a previous bidder, Donaldson, Lufkin & Jenrette Securities Corp.
Date: 22 December 1988
Reuters
LEAD: The New Jersey investor Louis Caiola said he would continue his efforts to acquire the Whittaker Corporation, a technology and chemicals manufacturer, although the company has already rejected his offer of $47.50 a share.
Date: 21 December 1988
Reuters
LEAD: Textron Inc. said it was making an offer for Avdel Ltd. that valued the British fastener manufacturer at $:125.2 million, or about $227 million. Textron, an aerospace and commercial products company based in Providence, R.I., said it urged Avdel shareholders who have accepted offers made on behalf of Rexnord Holdings P.L.C., a unit of Banner Industries, to withdraw their acceptances.
Date: 22 December 1988
Special to the New York Times
LEAD: The S & A Restaurant Corporation, the Pillsbury Company unit that operates the Steak and Ale and Bennigan's restaurant chains, is likely to be sold quickly by its prospective new owners, Grand Metropolitan P.L.C. A spokesman for Grand Met's New Jersey-based United States operations said the company had already received several expressions of interest in the 379-restaurant company.
Date: 21 December 1988
By Anthony Depalma
Anthony Depalma
LEAD: Fed by five years of prosperity and growth, New Jersey, like most of the metropolitan region, is choking on its success. Highways are jammed, water supplies are tainted and taxes continue climbing to pay for the new roads, sewers and services that reach ever farther into the countryside.