Also. . . - Los Angeles Times

Also. . . - Los Angeles Times


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* Mid Am Inc. and Citizens Bancshares Inc. agreed to merge in a transaction valued at about $630 million, creating a retail bank with more than $4 billion in assets.


* Zenith Electronics Corp.’s largest shareholder, South Korea’s LG Electronics Inc., will bail out the troubled television manufacturer under a plan that will eventually result in a Chapter


11 bankruptcy filing, the company said.