DEFENSE CONTRACTOR BOOSTS BIRD <BIRD> STAKE
Entwistle Co, a Hudson, Mass.,-based
defense contractor, said it raised its stake in Bird Inc to the
equivalent of 572,100 shares, or 13.9 pct of the total
outstanding common stock, from 470,100 shares, or 11.4 pct.
    Entwistle, a privately held company, said it bought 102,000
Bird common shares on April 1 at 9.625 dlrs a share.
    It said it may buy up to 24 pct of the total outstanding
for investment purposes. Entwistle also said it has met with
Bird representatives on its request for board representation,
but the talks were inconclusive. Its stake includes 562,000
common shares, with the rest in convertible preferred stock.
 Reuter
