Prudential Insurance Co. paid $580 million for Bath Iron Works in 1986; accordin

Authors

Source

Portland Press Herald

Date

9-26-1993

Pages

1A, 14A, 15A

Abstract

Prudential Insurance Co. paid $580 million for Bath Iron Works in 1986; according to a consultant's assessment, BIW is worth $270 million today. The company is now faced with a huge debt, a declining military workload and an inability to bid competively for non-military work, and faces a struggle to survive. Details.

Subjects

Bath Iron Works

Recommended Citation

"Prudential Insurance Co. paid $580 million for Bath Iron Works in 1986; accordin" (1993). Maine News Index – Portland Press Herald. 9201.
https://digitalcommons.portlandlibrary.com/news_pph/9201