ALLEGHENY <AG> OFFICERS TO RUN COMPANY
Allegheny International Inc said its
chairman and chief operating officer will remain in their
positions following the merger of the company with an affiliate
of First Boston Corp.
   "It is expected that Oliver S. Travers will continue as
chairman, president and Chief executive officer, and Thomas J.
Albani will continue as chief operating officer," said an
Allegheny spokesman.
    Allegheny today said it agreed to a buyout from First
Boston at 24.60 dlrs per share. The transaction was valued at
500 mln dlrs. Its stock rose 8-5/8 to 24 in active trading.
 Reuter
