The Daily Deal articles from April 2001, page 2

The Daily Deal archives from April 2001

Tech stock roller-coaster.(Brief Article)
April 20, 2001... Byline: Peter Moreira and Siobhan Almond It's difficult to find a more visual representation of the tech bubble then a chart of Baltimore Technology plc's stock. Maybe bubble's the wrong term. Baltimore's shares describe a path...

Goodbyes are never easy.(pulling the plug on startup companies)(Brief Article)
April 20, 2001... Byline: Vyvyan Tenorio Among the harsh decisions venture capitalists must face these days is when to pull the plug on a portfolio startup. In many cases, the graceful exit is considered the best option. But it is not one founding...

enfoTrust picks up $13M.(enfoTrust Networks Inc.)(Brief Article)
April 20, 2001... Byline: Lou Whiteman enfoTrust Networks Inc. has secured $13 million in financing to strengthen its product line against an encrouching Microsoft Corp. Atlanta-based enfoTrust took in the Series A funding from Bonaventure Capital of...

Clearwire nets $97 million in Goldman-led round.(Clearwire Technologies)(Brief Article)
April 20, 2001... Byline: Rob McGann Fixed wireless services provider Clearwire Holdings Inc. believes its technology is going to do to digital subscriber lines what electronic mail did to letter writing. A set of new financial backers apparently...

1747.(funding from Eli Lilly)(Brief Article)
April 20, 2001... San Francisco-based 1747 Inc., a maker of clinical trials systems for drug development, has tapped medical giant Eli Lilly and Co. of Indianapolis for an undisclosed equity investment and strategic partnership. 1747 plans to use the...

Accenture.(to file for initial public offering)(Brief Article)
April 20, 2001... Leading global consulting partnership Accenture Ltd., formerly called Andersen Consulting, filed for an initial public offering of up to $1 billion. The Chicago-based company hasn't yet disclosed the number of shares or an estimated price per...

Armia.(gets $969,000 in funding)(Brief Article)
April 20, 2001... Software firm Armia Inc. of Montreal has secured C$1.5 million ($969,000). Fonds d'Investissement Desjardins de Quebec led the round, with support from private investors and government assistance from the Ministere d'Industrie et du Commerce...

BIBIT.(additional financing)(Brief Article)
April 20, 2001... European Internet payment service provider BIBIT has closed $8 million in Series C funding, with $4 million from new investors Residentie Investments and the remaining half from previous backers including Paribas Deelnemingen, Continuum Group...

Barrett postpones shareholder meeting.(Brief Article)
April 20, 2001... Denver natural gas explorer Barrett Resources Corp. said Thursday it was postponing its annual shareholder meeting scheduled for May 3 while it continues to look for a buyer. It did not set a new meeting date. Barrett is trying to find a...

Black Enterprise Fund.(Banc One opens fund to help Black-owned businesses)(Brief Article)
April 20, 2001... Chicago's Bank One Corp. has invested $5 million in a new fund established to help black-owned and -operated business. The funding is part of a $91 million capitalization of the Black Enterprise Fund. Earl G. Graves Sr., publisher of Black...

Colgate-Palmolive says no mergers in works.(Brief Article)
April 20, 2001... Colgate-Palmolive Co., the New York consumer product giant, said Thursday in its first-quarter update that the company is not primed to be acquisitive and will continue to focus on market share opportunities instead. "We made the decision to...

EPT buys Georgia apartments.(Brief Article)
April 20, 2001... Allen & O'Hara Inc., a Memphis real estate developer, said Thursday its Education Properties Trust llc subsidiary bought a 612-unit apartment complex, The Abbey, which houses University of Georgia students in Athens, Ga., for $18.5 million....

EU reviewing CRH buy of Addtek.(Brief Article)
April 20, 2001... European Union regulators Wednesday launched a probe into Irish building company CRH plc's acquisition of Europe's largest concrete products maker, Finland's Addtek International Oy Ab. The European Commission, the EU's competition watchdog,...

Graffinity Pharmaceutical.(Brief Article)
April 20, 2001... Heidelberg, Germany's Graffinity Pharmaceutical Design has completed a [Euro]30.6 million ($27.25 million) pre-IPO round led by Merlin Biosciences. Other new investors were Oxford Bioscience Partners, Dow Chemical Co. and GIMV. Also...

HSBC Holdings.(Brief Article)
April 20, 2001... HSBC Holdings, one of the world's largest banking groups, has announced that it will invest before the end of this year in several Polish projects through its venture capital funds, according to Polish News Service. David Thomas, chairman of...

HSBC plans Poland PE deals.(Brief Article)
April 20, 2001... London's HSBC Holdings plc said Thursday it will invest in several Polish projects through its private equity funds this year. David Thomas, chairman of HSBC Polska, said the group would not create a separate fund for Poland but will use...

I-many getting rival Provato.(Brief Article)
April 20, 2001... Portland, Maine, business software maker I-many Inc. announced Thursday it has agreed to purchase its Oakland, Calif., rival Provato Inc. for about $43 million in stock. Under the terms, I-Many will acquire Provato for about 3.1 million of...

Interact Medical Technologies.(Brief Article)
April 20, 2001... New York-based Interact Medical Technologies Corp., a company that develops products used for minimally invasive surgery, refiled for an IPO. The company had initially filed for an offering in 1996, only to withdraw it in 1998. Interact is...

Investors Group takes control of Mackenzie.(Brief Article)
April 20, 2001... Canada's biggest mutual fund firm, Winnipeg, Manitoba-based Investors Group Inc., said Thursday it has acquired more than 98% of the shares of Mackenzie Financial Corp. in a C$4.15 billion ($2.66 billion) cash and stock takeover. The combined...

JumpStart Wireless.(to develop with $500,000 in seed money)(Brief Article)
April 20, 2001... Wireless application services provider JumpStart Wireless Corp. of Boca Raton, Fla., plans to develop its company with $500,000 in seed-financing from lead investor Summa VentureWorks and various unnamed backers. The company's technology puts...

L'Atelier de l'Innovation.(raises $4 million from unnamed investors)(Brief Article)
April 20, 2001... Paris-based incubator L'Atelier de l'Innovation said it has raised Fr27 million ($4 million) from unidentified investors. It raised a Fr17.2 million in first-round financing from the same investors in 1998. The firm, which holds 50% stakes in...

LearnStream.(signs partnership and equity investment agreement with Innovatia)(Brief Article)
April 20, 2001... Canadian courseware design firm LearnStream of Fredericton, New Brunswick, has landed an equity investment and partnership agreement from Innovatia, a broadband research and development company and subsidiary of Aliant Inc. Financial terms of...

Merlin Technologies.(gets $1 million investment from Vanderbilt University)(Brief Article)
April 20, 2001... Vanderbilt University's Chancellor's Investment Fund, an early-stage fund based in Nashville, has increased its equity position in Boston pharmaceutical startup Merlin Technologies Inc. through an investment package totaling more than $1...

Miotec.(receives $6.77 million in venture capital)(Brief Article)
April 20, 2001... Espoo, Finland-based Miotec, a data security firm, has obtained a Fmk45 million ($6.77 million) funding package from the venture capital company 3i Finland Oy, development fund Finnera, insurance companies Elake-Fennia and Garantia and bank...

Nvidia completes its purchase of 3dfx.(Brief Article)
April 20, 2001... Santa Clara, Calif., graphics chip maker Nvidia Corp. said Thursday it has completed its $70 million cash purchase of certain assets of troubled San Jose, Calif., rival 3dfx Interactive Inc. Nvidia gets 3dfx's graphics patents and trademarks....

Personify.(raises $20 million in round of funding)(Brief Article)
April 20, 2001... Customer intelligence software provider Personify Inc. of San Francisco has raised $20 million in a round of funding led by ABS Ventures and including investments from Alloy Ventures, U.S. Venture Partners, Partech International, Alpine...

Skila.(raises $12 million in private round of financing)(Brief Article)
April 20, 2001... Mahwah, N.J.-based Skila Inc., which makes software for the pharmaceutical, medical device and biotechnology industries, has secured a $12 million private round of financing. BancBoston Ventures, Crosslink Capital Inc. and The Sprout Group, a...

Switchouse.(raises $7 million in third-round funding)(Brief Article)
April 20, 2001... Online consumer marketplace Switchouse of San Francisco has raised $7 million in third-round funding led by Technology Crossover Ventures. Additional investors were not disclosed. The latest infusion is in addition to the $8 million that...

VirtualSelf.(receives $2 million capital investment from)(Telecom Italia Lab)(Brief Article)
April 20, 2001... Information management platforms provider VirtualSelf of New York has closed a $2 million capital investment from investment firm Telecom Italia Lab, a wholly owned subsidiary of Telecom Italia SpA. The fresh funds will be used to help...

Vision IQ/Poseidon Technologies.(raises $15 million in second-round financing)(Brief Article)
April 20, 2001... Boulogne, France-based technology startup Vision IQ/Poseidon Technologies, a developer of computer vision applications, raised [Euro]17 million ($15 million) in second-round financing led by Air Liquide Ventures. The round included new...

Wiral.(raises $10.9 million in second-round financing)(Brief Article)
April 20, 2001... Finnish wireless communication software company Wiral Ltd. said Thursday it has received a Fmk7.3 million ($10.9 million) second round of financing from the National Technology Agency of Finland. The financing is in the form of an industrial...

Workflow takes Webtrend.(Workflow Management Inc)(Webtrend Direct Inc. )(Brief Article)
April 20, 2001... Workflow Management Inc., a Palm Beach, Fla., provider of business printing and supply chain management services, said Thursday it has acquired Webtrend Direct Inc. and its sister company, Webtrend Graphics Inc., for $10.5 million. Terms call...

Game over for Quokka Sports?(Brief Article)
April 19, 2001... Byline: Michael B. Marois SACRAMENTO, Calif.--Quokka Sports Inc. is closing its Web sites and preparing to file for bankruptcy, according to news reports. The San Francisco Internet sports broadcaster reportedly failed Monday in a...

Cash-strapped eGlobe goes bankrupt.(Brief Article)
April 19, 2001... Byline: Ivan Castano Cash-strapped eGlobe Inc., a provider of voice-based telecommunications services, has filed for Chapter 11 bankruptcy protection along with 16 of its domestic subsidiaries. Washington, D.C.-based eGlobe, which...

U.S. Trustee starts playing hardball.(bankruptcy court watchdog is starting to bite)(Brief Article)
April 19, 2001... Byline: Shanon D. Murray The Office for the U.S. Trustee is a bankruptcy court watchdog that is starting to bite. Whether it is objecting to the fees that indentured trustees are asking for in the Vencor Inc. bankruptcy or raising...

Raytech finally escapes bankruptcy.(Brief Article)
April 19, 2001... Byline: Ira Breskin A medium-sized vehicle parts maker this week emerged from what is arguably the nation's longest bankruptcy by settling massive asbestos-related claims. However, Raytech Corp. paid an extraordinary price for its...

Convergent files for bankruptcy.(Convergent Communications Inc.)(Brief Article)
April 19, 2001... Byline: Danny Fortson Englewood, Colo.-based Internet and networking-services company Convergent Communications Inc., and its wholly owned subsidiary, Convergent Communications Services Inc. filed voluntary petitions for Chapter 11...

Italian investors clamor for traditional IPOs.
April 19, 2001... Byline: Nicola Hobday LONDON--Food and fashion are two of the main reasons tourists visit Italy in droves every year. They also appear to be attracting investors interested in the country's new issues this year, as Italy's most...

Accenture files for $1B IPO.(Brief Article)
April 19, 2001... Byline: Heidi Nasr Another spinoff of the Big Five accounting firms is heading for the public markets as Accenture Ltd. filed for an estimated $1 billion initial public offering Thursday morning. Formerly Andersen Consulting,...

Risks weighted toward weakness.(Federal Open Market Committee)(Brief Article)
April 19, 2001... A significant reduction in excess inventories seems well advanced. Consumption and housing expenditures have held up reasonably well, though activity in these areas has flattened recently. Although measured productivity probably weakened in...

Renewed hostilities.(Department of Justice's anti-kickback efforts)
April 19, 2001... Byline: Darryl Van Duch After an unexpected renewal of hostilities between the U.S. Department of Justice and two of the nation's leading hospital chains, corporate healthcare lawyers are bracing for a possible new wave of costly...

Transparent limits.("anti-competitive" vertical mergers)(Brief Article)
April 19, 2001... Byline: Charles F. Rule One of the most dramatic yet least mentioned changes in U.S. merger enforcement over the past eight years has arguably been the aggressive pursuit of supposedly anti-competitive "vertical" mergers. The number...

Wessanen sells U.S. dairy units.(National Dairy Holdings L.P.)(Brief Article)
April 19, 2001... Byline: Siobhan Almond AMSTERDAM -- Dutch food group Wessanen NV Tuesday agreed to sell its two U.S. dairy companies, which have been on the block since October, to Dallas-based National Dairy Holdings lp for $400 million. Wessanen...

Italian pay-TV deal faces antitrust hurdle.(Stream)(Telepiu)(Brief Article)(Statistical Data Included)
April 19, 2001... Byline: Heather O'Brian MILAN -- As Italy's only two pay-TV companies try to clear the way for a merger, lawyers warn that antitrust issues could complicate any deal. Since late last year, Rupert Murdoch's News Corp., which owns 50%...

Rabble Babble.
April 19, 2001... Byline: Stacy Mosher The news never rests, and nowhere is it busier than on the Internet bulletin boards. This column excerpts the choicest messages on the latest deals. Postings are selected from several sources, including Yahoo!,...

Brambles, GKN to merge industrial units.(Brief Article)(Statistical Data Included)
April 19, 2001... Byline: Giles Parkinson SYDNEY -- Australia's Brambles Industries Ltd. and Britain's GKN plc on April 19 announced the merger of their industrial products operations, creating a company with a market value of A$20 billion ($10.1...

FCC rule change a victory for Viacom.(Federal Communications Commission)(Brief Article)
April 19, 2001... Byline: Jaret Seiberg WASHINGTON -- The Federal Communications Commission repealed a ban April 19 that prevented any of the four major broadcast networks from owning UPN, the WB Network and other smaller television outlets. The...

Ericsson, Sony mull mobile phone merger.(LM Ericsson Telephone Co.)(Brief Article)(Statistical Data Included)
April 19, 2001... Byline: Joshua Jaffe LONDON -- Swedish wireless communications equipment company Telefon AB LM Ericsson and Japanese electronics giant Sony Corp. said Thursday they were in talks to merge their mobile handset divisions. The...

Print media M&A strong despite ad crunch.(Statistical Data Included)
April 19, 2001... Byline: Peter Lauria With a soft advertising environment eroding print-based media companies' valuations, both magazine acquisition activity and deal dollar value in the sector showed surprising strength in the first quarter. ...

Wessanen sells two U.S. dairies.(Siobhan Almond)
April 19, 2001... Byline: Siobhan Almond DUBLIN -- Dutch food group Wessanen NV agreed Thursday to sell its two U.S. dairy companies, which have been on the block since October, to National Dairy Holdings LP of Dallas for $400 million. Wessanen is...

General Semi rebuffs Vishay's $563M bid.(Vishay Intertechnology Inc.'s takeover bid for General Semiconductor Inc.)
April 19, 2001... Byline: Olaf de Senerpont Domis SAN FRANCISCO -- Questions lingered April 19 over whether chip maker Vishay Intertechnology Inc., which late April 18 saw General Semiconductor Inc. spurn its $563.3 million takeover offer, would sweeten...

Sulzer shareholders turn away Braginsky.(Brief Article)
April 19, 2001... Byline: Brian Cattell LONDON -- An attempt by Swiss corporate raider Rene Braginsky to take over engineering and medical equipment maker Sulzer AG was rebuffed April 19 by Sulzer shareholders, who rejected a proposal to install a board...

Placement spin.(Wall Street Journal story unveiling First Union Corp.'s deal for Wachovia Corp.)
April 19, 2001... Byline: Yvette Kantrow The WSJ gets defensive on its First Union scoopM&A volume may be down, but strategic placements are alive and well--if adjusting to these tough times. Witness the prominently-played Wall Street Journal story...

Bright Idea.(British Telecommunications' Brightstar)
April 19, 2001... Byline: Brian Cattell and Joshua Jaffe When Chris Winter joined British Telecommunications plc to establish an in-house incubator at the beginning of 2000, he expected that the telecom giant's reputation as a lumbering former monopoly...

I can't hear you.(stock prices)(Brief Article)
April 19, 2001... Byline: Matt Miller As Wall Street whistles "Happy Days Are Here Again," it's time to revisit another old standard, "The Analyst Recommendation Blues." Time was, oh, say two weeks ago, that an analyst thumbs-down could lop a share...

Worldinsure reaps $20.5M from Canadian firms.
April 19, 2001... Byline: Clifford Carlsen Bermuda's Worldinsure Ltd., an insurance technology developer, has returned to an all-Canadian roster of investors to pull in $20.5 million in second-round venture capital. Even as a number of...

European biotech aims to clone U.S. success.(DeveloGen AG)
April 19, 2001... Byline: Kevin DeGeeter As public infatuation with the human genome wanes and investors sour on shares of the speculative companies, venture capitalists from Boston to Berlin are preparing for life without abundant--and...

Top Layer shows Web security still hot.(venture capital companies' investment in high tech firms)
April 19, 2001... Byline: Katherine Goncharoff Security on the Internet continues to be one of the few remaining bright spots among dot-com venture capitalists. Case in point: Network security company Top Layer Networks Inc. not only closed on a fifth...

Adstar.com.(private financing)(Brief Article)
April 19, 2001... Marina del Rey, Calif.-based AdStar.com Inc., a channel for the placement of print and online classified ads, has raised $400,000 in a round of private financing. The company raised the money through the sale of 400,000 units to four...

Aethena, Palladium team up.(Palladium Equity Partners and Aethena Group alliance)(Brief Article)
April 19, 2001... Palladium Equity Partners llc, a New York private equity firm, announced Wednesday that it formed a strategic alliance with Aethena Group llc, a privately held Chicago management partnership, to pursue a broad range of private equity...

Airtel.(postpones decision for public offering)(Brief Article)(Statistical Data Included)
April 19, 2001... MADRID -- Spain's second-largest wireless operator, Airtel, will postpone its decision whether to hold a public offering until after publishing its first-quarter results through March 31, a company official said. The results are expected to...

Aperture.(Aperture Credentialing Inc.'s second round financing)(Brief Article)
April 19, 2001... Louisville, Ky.-based Aperture Credentialing Inc., a provider of data management organization, has tapped an undisclosed amount of second-round financing from its principal investor group. The infusion was granted as the result of Aperture...

AssignmentEditor.com.(finance)(Brief Article)
April 19, 2001... News industry portal AssignmentEditor.com of Chicago has closed on $1 million in seed-round investments led by Chicago angel investors Steve Miller and Bruce Barron of Origin Ventures. Other participants in the round included Web development...

Audium.(Fonix Corp. investment)(Brief Article)
April 19, 2001... New York-based Audium Corp. has received an equity investment from Salt Lake City-based Fonix Corp. Audium develops software that allows people to access Internet information and complete online transactions using the telephone. The...

Banco Sabadell.(share price rises)(Brief Article)(Statistical Data Included)
April 19, 2001... MADRID -- Banco Sabadell's previously quiet listing plan roared Wednesday when its shares closed at [Euro]24.08 ($21.25), 5.24% over its opening price of [Euro]22.88 and 14.7% over its [Euro]21 reference price set last week. The closing price...

CitySoft.(finance)(Brief Article)
April 19, 2001... Web site management company CitySoft Inc. of Boston has nabbed $1.8 million in an investment round led by Sustainable Jobs Fund LP and the Calvert Social Investment Fund. Other round participants included high-tech investors Esther Dyson and...

Click2learn gets Intelliprep.(acquisition of Intelliprep Technologies Inc.)(Brief Article)
April 19, 2001... Click2learn.com Inc., a Bellevue, Wash., e-learning services provider, said Wednesday it would acquire crosstown rival Intelliprep Technologies Inc. for about $4 million in stock. Click2learn gets Intelliprep's flagship iX Learning System....

DeveloGen.(private financing round)(Brief Article)
April 19, 2001... Goettingen, Germany, genomics company DeveloGen AG has completed a [Euro]40 million ($35.3 million) private financing round led by Dresdner Kleinwort Capital, the global private equity arm of Dresdner Kleinwort Wasserstein. New investors...

Doubts raised about Classic Communications.(Classic Communications Inc.)(Brief Article)(Statistical Data Included)
April 19, 2001... Classic Communications Inc., a cable TV systems operator controlled by Brera Capital Partners, a New York private equity firm, said Wednesday that PricewaterhouseCoopers, the company's auditor, had expressed "substantial doubts" about...

Hurricane rejects Central Asian bid.(Hurricane Hydrocarbons Ltd.)(Central Asian International Holdings N.V.)(Brief Article)
April 19, 2001... The board of Canada's Hurricane Hydrocarbons Ltd. said a potential offer by minority stakeholder Central Asian International Holdings NV does not constitute a formal bid under Canadian securities law. Central Asian already owns 30% of...

Interactive Telesis.(Interactive Telesis Inc.)(Brief Article)
April 19, 2001... San Diego-based Interactive Telesis Inc., a provider of interactive voice response and speech-enabled hosting services, has closed a second round of financing with Hambrecht & Quist Guaranty Finance llc of San Francisco. The company received...

J.P. Morgan Partners posts first-quarter gain.(J.P. Morgan Chase and Co. gained while J. P. Morgan Partners posted a loss)(Brief Article)
April 19, 2001... J.P. Morgan Chase & Co. said Wednesday its direct private equity investment unit posted a $132 million gain for the first quarter. The bank bested its competitors, which mostly absorbed losses. Earlier, Morgan Stanley reported a $46 million...

Jungo Software.(Brief Article)
April 19, 2001... Residential gateway software provider Jungo Software Technologies Inc. has secured $7 million in a second round financing led by TeleSoft Partners, with participation from Infineon Ventures and the Intel Communication Fund. Jungo's Linx-based...

Millennium Care.(Millennium Care Inc.)(Brief Article)
April 19, 2001... Technology support software maker Millennium Care Inc. of Toronto has tracked down a $3 million investment from Canadian venture firm VenGrowth. The funding is expected to accelerate company growth. The company's products streamline...

Morel Ventures Limited and Co.(Brief Article)
April 19, 2001... New Zealand investment firm Morel Ventures Ltd. & Co., which manages the No. 8 Ventures fund, plans to launch a second fund later this year, the Independent Business Weekly reported. The initiative is separate from the government's plan to...

Morgenthaler VII.(Brief Article)(Statistical Data Included)
April 19, 2001... Venture capital firm Morgenthaler Partners of Menlo Park, Calif., is scheduled to close its seventh fund, Morgenthaler Partners VII, at a target of $700 million in late June, the company said. About 75% fund is expected to invest in...

NCE Flow-Through.(NCE Flow-Through (2000-1) LP)(Brief Article)
April 19, 2001... Canadian fund NCE Flow-Through (2000-1) LP, said it will offer up to 1.2 million units at C$25 ($16) each. The tax-deductible fund focuses on publicly traded Canadian energy exploration companies run by the NCE Resources Group. A flow-through...

Novazyme Pharmaceuticals..(Novazyme Pharmaceuticals Inc.)(Brief Article)
April 19, 2001... Oklahoma City-based Novazyme Pharmaceuticals Inc., which develops enzyme therapies for rare genetic diseases, has closed a $16 million private placement. Investors in the Series B round include the Perseus-Soros Biopharmaceutical Fund,...

Outsourcing Solutions.(Outsourcing Solutions Inc.)(Brief Article)
April 19, 2001... Receivables management services firm Outsourcing Solutions Inc. of St. Louis has completed a sale of $24 million of senior common stock to San Francisco private equity firm Gryphon Partners II LP and to certain members of its existing private...

Pioneer in $102M deal.(Brief Article)
April 19, 2001... Pioneer Natural Resources Co., an oil and gas explorer in Irving, Texas, said Wednesday it has filed a proposal with the U.S. Securities & Exchange Commission to merge with unit Pioneer Natural Resources USA Inc. and 46 Parker & Parsley...

Plazmic.(Plazmic Inc.)(Brief Article)
April 19, 2001... Toronto-based Plazmic Inc., a provider of wireless Internet media software, pulled in $5 million in venture financing from Ventures West 7 Fund and the Eastern Technology Seed Investment Fund, a joint initiative of Ventures West, Bank of...

Schultz chain grabs Brodbeck.(Brief Article)
April 19, 2001... Sheboygan, Wis., supermarket chain Schultz Sav-O Stores Inc. said Wednesday it has agreed to purchase Brodbeck Enterprises Inc. for $30 million in cash. Brodbeck is the Plattesville, Wis., parent of Dick's Supermarkets. Schultz is assuming...

Sherritt International extends offer for Luscar.(Brief Article)
April 19, 2001... Canada's Sherritt International has extended its hostile takeover bid for Luscar Ltd. until April 30 but will not increase its C$900 million ($575.9 million) or C$3.50 a share offer for the country's biggest coal producer. "Sherritt Coal's...

SmartSynch.(Brief Article)
April 19, 2001... Wireless data applications provider SmartSynch of Jackson, Miss., has connected with $23 million in Series B venture funding led by Beacon Group Energy Funds, an affiliate of JPMorgan Partners llc. Other investors in the round included Nth...