Carlyle Group has offered to buy all shares of Fairchild Industries that it does not control, for $15.50 in cash each.

No successor to Mr. Fthenakis's posts at Fairchild Industries have been named.

Von Braun worked at Fairchild Industries from July 1, 1972 until his death.

But in 1987, Republic, by then a subsidiary of Fairchild Industries, closed its operation on Long Island.

The board of Fairchild Industries has adopted a shareholder rights plan intended to guard against various takeover tactics, the aerospace company announced Saturday.

The trainer program died last month when the Air Force canceled its contract with Fairchild Industries.

Her father is the vice president for business development at Fairchild Industries, the maker of space and military equipment in Chantilly, Va.

Pinocchio would be right at home on the board of Fairchild Industries.

The men only need, they say, the cooperation of Fairchild Industries.

The Stewarts sold the station in 1972 to Fairchild Industries for $1.5 million.