OTHER NEWS - Sept. 27, 1994
The White House delayed submitting legislation to implement the GATT trade treaty, held up by intense negotiations with lawmakers over textiles and farm provisions, government and industry sources said. . . . Nextel Communications Inc. has reached an agreement in principle to acquire American Mobile Systems Inc. in a stock swap worth $77.2 million, the companies said. . . . Hewlett-Packard Co., Asahi Glass Co. and Komag Inc. said they formed a new company to research, develop and manufacture advanced magneto-resistive tape heads for computer storage. . . . Mazda Motor of America will stop selling the Navajo, the sport-utility vehicle it buys from Ford Motor Co., because the demand for two-door sport utilities isn’t strong enough.
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