Excerpts: “Telecom executive called tireless man on mission.” Formerly the chief financial officer at The Chronicle, Leo Hindery yesterday landed the title of president and chief operating officer of AT&T Consumer Services. “Leo Hindery is absolutely the hardest-driving person I’ve ever met,” said Gregg Vignos, a San Francisco attorney who worked with Hindery on the […]
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Excerpt: “AT&T to buy TCI for $48 billion.” In a conference call this morning, [Michael] Armstrong said the two companies worked late into the night to work out all the details of the pact. TCI chief executive John Malone noted that the definitive agreement was put together in eight days. The deal’s hefty $48 billion
Contract between SAP Northeast Asia, Inc. and Cambridge Technology Group, Inc. for Executive Education Services
Excerpts: Contract between SAP Northeast Asia, Inc. and Cambridge Technology Group, Inc. for Executive Education Services This Agreement is entered into between Cambridge Technology Group, Inc., hereinafter referred to as “CTGroup” and SAP Northeast Asia, Inc., herein referred to as “SAP”. During the 2 years commencing January 1, 1998, CTGroup shall conduct four (4) Key
Excerpts: Frontier Corporation Def 14A. On February 27, 1998, Frontier acquired GlobalCenter Inc., a leading provider in digital distribution, Internet and data services headquartered in Sunnyvale, California. Frontier acquired all of the outstanding shares of GlobalCenter and issued 6.4 million shares to effect this merger. At the time of the merger, GlobalCenter had 1.1 million
Excerpts: “William F. LeRoux, S.J. Endowed Chair.” William F. LeRoux, S.J. came to Seattle University in 1958 as a professor in theology. He served as dean of the College of Arts and Sciences (1977 – 82) and as an assistant to the Vice President for University Advancement from 1982 until his death in 2004. He
Apple Takes $150 Million from Microsoft
Excerpt: Apple Takes $150 Million from Microsoft Apple’s stock surged $6.56 to close at $26.31 – a rise of 33 percent – in the wake of the announcements. Of course, Microsoft had already set its buying price based on “an average of recent trading,” said Microsoft CFO Greg Maffei, meaning the Redmond Empire got a
Excerpt: SocGen forms joint venture with Bannon Further expanding its presence in the U.S. investment banking arena, Societe Generale, U.S.A. has teamed up with the West Coast boutique Bannon & Co. in a joint venture to go after the media, entertainment and communications market. A supervisory committee has been created to oversee the venture. The
Excerpts: Kohlberg Kravis Will Buy Kindercare for $467 Million Kohlberg Kravis Roberts & Company said yesterday that it had agreed to buy Kindercare Learning Centers Inc., the nation’s largest preschool and child care company, for approximately $467 million, or $20.25 a share. Kohlberg Kravis made the announcement along with Kindercare and Oaktree Capital Management L.L.C.,
Excerpts: KKR, on Buying Spree, Will Acquire KinderCare Kohlberg Kravis Roberts & Co., continuing its recent spate of acquisitions, said it would acquire KinderCare Learning Centers Inc. for $20.25 a share, or about $470 million, plus the assumption of debt. KinderCare is the nation’s largest provider of child-care services, with 1,148 child-centers in 38 U.S.