Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, March 14, 1990 TAG: 9003142750 SECTION: BUSINESS PAGE: A5 EDITION: METRO SOURCE: DATELINE: RICHMOND LENGTH: Short
"I believe that CSX's offer of either $34.50 cash or a share of CSX stock for each share of RF&P stock significantly undervalues RF&P's worth," said Alan R. Kahn, the RF&P stockholder and chief executive officer of the New York investment firm of Kahn Brothers & Co. Inc.
Meantime, Gov. Douglas Wilder said Tuesday that Mark Boyer and Co. Inc., a New York financial firm, had been hired to study the proposed merger. - Associated Press
by CNB