Uniroyal Inc. reported a third-quarter loss of...
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Uniroyal Inc. reported a third-quarter loss of $3 million, including a $5-million gain from discontinued operations. A year earlier, the tire maker posted a profit of $25 million. The company attributed the loss to costs incurred in connection with defending an unsolicited tender offer and its leveraged buy-out in September. Uniroyal said the 1984 third-quarter results included an after-tax gain of $19 million from the sale of its polymer business.
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