CBS Evening News for Wednesday, Nov 16, 1988
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio: Dan Rather) Report introduced.
(Lanett, Alabama: Peter Van Sant) Textile company, West Point Pepperell, reported facing hostile takeover here; details given, scenes shown. [EMPL. - says entire town is afraid that jobs will be lost.] Farley Inds., makers of Fruit of the Loom, reported behind takeover. [Chairperson Bill FARLEY - comments on situation.] Takeover's impact upon town discussed. [PEOPLE - comment.] [Workers Steve and Suzie LYONS - comment on their family's relationship with West Point Pepperell.] [FARLEY - says empls. will retain their jobs.] [West Point Pepperell chairperson Joe LANIER - says he'll fight for company]
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.