OTHER NEWS - Dec. 30, 1992
- Share via
Gardena-based Ortho Mattress Inc. has emerged from Chapter 11 bankruptcy reorganization. The company said it has consolidated its manufacturing and warehouse operations and adopted more efficient management procedures. . . . Marriott Corp. said it may revise the terms of its proposed spinoff of its real estate business to mollify bondholders suing the company over the transaction. . . . Oregon Steel Mills Inc. said it signed a letter of intent with Nucor Corp. to build and operate a new sheet-steel mill in the western United States. . . . Ten former officers and directors of failed First Texas and Gibraltar Savings have agreed to pay $7.97 million in restitution and restrict future activity in the thrift industry.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.