Asher B. Edelman increased his offer for Fruehauf.
- Share via
In a disclosure statement filed with the Securities and Exchange Commission, the New York investor reported that he had increased his offer for Fruehauf stock to $42 per share. Edelman told directors that he would pay $1 a share more than his previous offer for Fruehauf common stock in an attempt to win control of the company. The filing said Edelman has received assurances that he can raise $935 million to finance his bid for control of Fruehauf.
More From the Los Angeles Times
Podcasts
The latest effort is coming from the L.A. County Board of Supervisors. They just announced a $3 million program in conjunction with some nonprofits groups to test and clean the soil at homes still standing in the areas impacted by the Eaton Fire.
California once bet big on offshore wind to help power its clean-energy future, but the Trump administration is now paying developers billions to walk away from their projects. As California’s remaining offshore-wind leases hang in the balance, the state is fighting back in court.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
