Markets & Finance

Lift Group Revising Cascade Bid

United Dominion (UDI) is in talks concerning a possible acquisition of the company.

A unit of Praxair (PX) will buy Interwest Home (IWHM) for $42 million plus debt assumption.

Lift Group plans to make a revised acquisition proposal for Cascade Corp. (CAE) due to complications attributable to environmental litigation brought by Portland.

First Virginia Banks (FVB

FVB) will buy James River Bank (JBRK) for 0.51 First Virginia share per James River share.

Katy Industries (KT) is in talks with a potential buyer.

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