Burlington Industries, which accepted a $76-a-share buyout offer, closed at 75 1/8, up 2 7/8.

He retired as chairman in 1958 when the firm was sold to Burlington Industries.

Burlington Industries has asked its shareholders to defer from making a decision on a takeover bid until it could issue a recommendation.

After football worked as an executive at Burlington Industries and later owned a travel business.

For years, Burlington Industries had a lock on the building's name.

The gainers also included Burlington Industries, which rose 2 3/8, to 68.

"It was still popular, but the whole thing was beginning to look out of date," said a spokesman for Burlington Industries.

A $2.5 billion bid for Burlington Industries was blocked at least temporarily in court.

Assets of Burlington Industries are to be sold by the investment group that recently acquired the company, in order to raise $900 million.

Burlington Industries closed the two Georgia production sites in 1961.