	taft tfb rejects dlr shr offer taft braodacasting co said its board of directors unanimously decided not to accept the pending proposal of theta corp an investor group led by dudley taft the decision was based on among other things the advise of its financial advisors goldman sachs and co that the offer of dlrs per share was inadequate taft said the board concluded that the offer failed to recognize fully the future propsects of the company and directed management to explore alternatives including possible financial restructuring reuter 
