The Michigan Daily-Saturday, April 11, 1981-Page 3
Ford rejects
bid to merge
with Chrysler
Nurses still on strike;
more talks scheduled
DETROIT (UPI)-Ford Motor Co.
laid to rest yesterday persistent
speculation it may merge with
*Chrysler Corp., rejecting an overturn
Chrysler made as part of its worldwide
search for a partner.
Ford said it was offered "a possible
merger or other similar arrangement"
with Chrysler and promptly rejected it.
THE PROPOSAL came from
Salomon Brothers, the New York in-
vestment-management firm that is
conducting Chrysler's government-or-
dered search for a capital infusion
through merger or joint venture with
another auto company.
A Chrysler spokesman said Salomon
Brothers is making the pitch virtually
to every auto company in the world ex-
cept General Motors Corp. "Our direc-
tive and intent is to approach all of the
possibilities," the spokesman said. GM
isn't considered a possibility.
Ford' is the only company thus far
which has made its response public. It
did so, a Ford spokesman said, to scot-
ch the latest batch in a persistent string
of rumors concerning a partnership
between the No. 2 and No. 3
automakers.
THAT POSSIBILITY has been
frequently discussed by people outside
both companies, but auto industry
analysts consider it the most unlikely of
trade combinations Chrysler could
make.
"It would be logical to look, just so
they could eliminate the possibility,"
said Arvid Jouppi, auto analyst for the
John Muir Co.
"These companies are part of the
national fabric, really. They've grown
up as competitors. It would be illogical
for them suddenly to be able to join for-
ces," Jouppi said.
FORD CHAIRMAN Philip Caldwell
said in a statement that Ford directors
"extensively discussed"- the Chrysler
proposal.-
"It was unanimously determined that
a merger or other similar arrangement
with Chrysler should be rejected as
clearly not being in the best'interest of
Ford or its stockholders," Caldwell
said.
When it received its latest dole of $400
million in government loan guarantees,
- the Chrysler Loan Guarantee Board or-
dered the company to seek a merger or .
joint venture with another company.
Chrysler officials have said frequently
they would have sought such an
arrangement in any case.
Ford was one of the companies con-
tacted as part of the effort, Chrysler
said.
"We have had no direct discussions
with Ford concerning a merger," a
statement from the No. 3 automaker
said.
By JOHN ADAM
Members of the Professional Nurse
Council and University Hospital ad-
ministrators will resume negotiations
April 15.
Spokespersons for each side said they
were willing to begin renewed
negotiations yesterday, but the state
mediator set the date for next Wed-
nesday. Negotiators from each party
said they preferred to bargain in the
presence of a mediator.
THE WALKOUT OF approximately
550 registered nurses that began Wed-
nesday morning will continue until a
resolution is reached, PNC
spokeswoman Margot Barron said
yesterday.
Without the nurses, University
Hospital has the potential to operate at
60 percent capacity - about 625 patient
beds. Yesterday morning only 540
patient beds were in use, according to
hospital spokesman Joseph Owsley.
"Our ability to function has improved
on a day-to-day basis," said Assistant
Personnel Director John Forsyth. "But
it goes without saying that we want the
nurses back."
THE HOSPITAL hasn't transferred ,
any patients for two days, according to
Owsley. Twelve patients have been
transported to other area hospitals sin-
ce University Hospital began preparing
for the walkout last Wednesday, he
said.
The key issues in the talks are
scheduling, mandatory overtime, an
economic package, and level of input
from nurses into policies affecting nur-
ses' roles.
The nurses say they want the Univer-
sity to guarantee no more than two shiftd
changes a week and no mandatory
overtime after 52 hours. But University
administators say such policies are dif-
ficult to guarantee because of the
national shortage of nurses.
The walkout Wednesday is the first in
the 112-year history of the University.
GEO rally Daily Photo by JACKIE BELL
Graduate Employees Organization supporters protest an administration
proposal that would pay some graduate assistant salaries with work study
funds. More than 70 protesters marched on the Diag yesterday afternoon.
H APPENINGS
FILMS
CAM - Yo soy Chicano; What Really Happened at the East L.A. Riot;
Chulas Fronteras, 1 p.m., Alice Lloyd Red Carpet Lounge.
CFT - 2001: A Space Odyssey, 4,7, 10 p.m., Michigan Theatre.
AAFC - White Heat, 7 p.m., Mean Streets, 9 p.m., MLB 3; Carrie, 7, 10:20
p.m., The Hills Have Eyes, 8:40 p.m., MLB 4.
Cinema Guild - The Long Riders, 7,9:15 p.m., Lorch Hall Aud.
Cinema II,- The Middle of the Wold,7, 9p.m., Aud A. Angell.
Law. School SpaceCadets .The Four Days of Gemin,4, Apollo I;
Nothing So Hidden, 7, 9 p.m., Hale Aud.
Mediatrics - G ifFihds,;7,'9 p.m., Nat. Sci. And: .,.f
Colorado Slide Shows Loft - I'm a Pretty Nice Person Now, a documen-
tary on Clonlara, Ann Arbor alternative school, 8, 10 p.m., midnight, 119
East Liberty.
SPEAKERS
Tanner Lecture Program - Anthony Kronman, Brian Berry, Samuel
Scheffler, "Symposium on the Tanner Lecture," 9:15 a.m., MLB Aud. 4.
PERFORMANCES
Songwriter's festival -1:30 p.m., 'U' Club Terrace.
School of Music - Contemporary Directions Ensemble, 8 p.m., Rackham.
Mens' Glee Club - "An Explosion of Sound," 8p.m., Hill Aud.
Senior Dance Concert - group and solo works, 8 p.m., Studio A, Dance
Bldg.
Gilbert and Sullivan Society - "The Yeoman of the Guard," 8 p.m., Men-
delssohn.
Canterbury Loft - "Ladyhouse Blues," 8 p.m., 332 S. State.
Halfway Inn - Telluride Cowboys, Sat. night, East Quad.
Romance Languages - French Drama Class, 3 plays by S. Guitry, J. Tar-
dieu, 8:30 p.m., SEB Schorling Aud.
Ark - Andy Breckman, 9 p.m., 1421 Hill.
CAM - Dance, music by Saurecito, 9 p.m., Law Quad Lounge.
The Blind Pig - Chris Smithers, 9:30 p.m., 208 S. First.
MISCELLANEOUS
Astronomical Events - First quarter moon, 6:11 a.m.
Hopwood Festival - fiction panel, 10 a.m., Rackham Amph.; essay panel,
1:30 p.m.; fiction reading and discussion, 4 p.m., Henderson Room, Mich.
League.
AAAA - Potpourri pottery sale, 10 a.m. - 5 p.m., 117 West Liberty.
Take Back the Night workshops - 10 a.m.-3 p.m., Wesley Foundation,
corner State and Huron.
Ann Arbor Police - Bike Auction, 10 a.m., City Hall.
Filmmaker's Workshop -10 a.m., 107 Fifth Ave.
Michigan Technology Fair -10 a.m.-9 p.m., Track and Tennis Bldg.
Community Crime Prevention Program - 9:30 a.m.-9 p.m., Briarwood
Mall.
WUOM/WVGR-- new dimensions, Helen Wambeck, "Life Before Life,"
11 a.m.
ROTC - Run-A-Thon for March of Dimes, noon, start at the paring lot of
the Arb.
The Exhibit Museum - "Cosmos: The Voyage to the Stars," 10:30, 11:45
a.m., 1:30,2:45,4 p.m., Exhibit Museum Planetarium.
ISMRRD - conference, "Alternative Assessment and Intervention:
Strategies for Infants at High Risk and Their Families," Mendelssohn
Theatre.
Gray Panthers - panel discussion "On Being an Informed Health Care
Sonsumer," 3-5 p.m., 107 N. Fifth Ave.
Jewish Grad Party P 9:30 p.m., 610 S. Division.
To submit items for the Happenings Column, send them in care of;
Happenings, The Michigan Daily, 420 Maynard St., Ann Arbor, MI., 48109.
--- v+ NDOaw 19
HE 1
r _'
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beginning Monday April 13
at: Student Publications Building
420 Maynard (Next to SAB)
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