OTHER NEWS - Nov. 8, 1991
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From Times Staff and Wire Reports
W. R. Grace Is Restructuring: The New York company unveiled a $1.5-billion reorganization plan aimed at slashing debt, trimming payroll and boosting earnings growth to an annual rate of 10%. It said it will reorganize operations around six core businesses in the specialty chemicals and health-care industries and would raise money by selling off several non-essential assets.
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