OTHER NEWS - May 16, 1995
<i> Times Staff and Wire Reports</i>
Trans World Airlines Inc. said it struck a deal with some of its creditors to restructure its finances and wipe about $500 million in debt off its books. . . . Limited Inc. said its board approved a plan announced in March to split its Victoria’s Secret lingerie business and other operations into a separate company and pay a dividend to shareholders. . . . AT&T; Corp. said it will raise long-distance prices for interstate business calls an average of 5%.
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