The Daily Deal articles from April 2001, page 3

The Daily Deal archives from April 2001

Top Layer Networks.(Brief Article)
April 19, 2001... Network device maker Top Layer Networks Inc. of Westboro, Mass., has secured $8.3 million in venture financing. New investors LSI Logic, ITOCHU Finance, Banc of America Securities llc and Raza Ventures joined existing shareholders...

UAL reaffirms offer for US Airways.(Brief Article)
April 19, 2001... UAL Corp., the parent of United Airlines, reaffirmed its commitment Wednesday to its $12.3 billion, or $60 a share acquisition of US Airways Group Inc., though the company said it would not meet its most recent goal of closing the transaction...

UsherPro.(Brief Article)
April 19, 2001... Season ticket management and exchange software provider UsherPro of Wood of Dale, Ill., has garnered an investment from broadcasting executive James de Castro, who was appointed to the company's board. Specific details were not disclosed, but...

WebEvent.(Brief Article)
April 19, 2001... Web-based scheduling applications provider WebEvent Inc. of Hampstead, N.H., has closed $2.5 million in first-round funding from Egan-Managed Capital and Claflin Capital Management Inc. Proceeds from the round are earmarked for product line...

Worldinsure.(Brief Article)
April 19, 2001... Bermuda-based Worldinsure Ltd., an insurance processing software developer, has received a $20.5 million second financing round, bringing its total funding to $31 million. The latest round was led by Dorset Partners and included CIBC Capital...

iScribe.(Brief Article)
April 19, 2001... Handheld technology applications developer iScribe of Redwood City, Calif., has grabbed $15 million in Series D financing led by new investor Earlybird. Previous investors Kleiner Perkins Caufield and Byers, Galen Partners, Domain Associates...

Network Commerce ponders bankruptcy.
April 18, 2001... Byline: Danny Fortson SAN FRANCISCO -- Count Network Commerce Inc. among the ranks of troubled Web infrastructure providers. The Seattle company has recently been racked by the flight of a key executive, big employee layoffs, sinking...

Bankrupt Winstar sues Lucent.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Leon Lazaroff Like its growth into one of the most compelling telecommunications companies on Wall Street, Winstar Communications Inc.'s plunge into bankruptcy was inextricably tied to its relationship to Lucent Technologies Inc....

Delaware halts first-day bankruptcy hearings.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Shanon D. Murray Often-critical first-day hearings in Delaware's bankruptcy court have not taken place since April 12 because of an overburdened system and a delayed reorganization. Court sources said that the Chapter 11...

New Wind plans end-of-year IPO.(Brief Article)
April 18, 2001... Byline: Heather O'Brian Soon-to-be-created telecommunications group New Wind hopes to raise [Euro]7 billion ($6.1 billion) in an initial public offering by the end of the year. The offering of 25% of its shares was confirmed...

Marketwatch.com sued over IPO.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Heidi Nasr The latest company hit by the recent wave of lawsuits involving last year's lucrative initial public offerings is Marketwatch.com Inc. Shareholder Laurence Bonilla filed the suit in New York against the struggling...

Dumb and dumber.(Brief Article)
April 18, 2001... Byline: L.J. Davis Nothing else may be certain, but the Pacific Gas & Electric Co. bankruptcy is guaranteed to provide a number of fortunate youths with gold-plated higher educations. These are the happy children of the company's...

Restructuring and disclosure.(Brief Article)
April 18, 2001... Byline: Lynn E. Turner It seems difficult these days to read the newspaper and not see a story about a company restructuring its business or taking an impairment charge. Typically, events leading up to a restructuring charge or a...

Divided over deductions.
April 18, 2001... Byline: Robert Willens One of the most important and controversial tax developments of the past decade was the Supreme Court's decision in the Indopco Inc. case. The court concluded that expenses incurred by a target corporation in...

Israeli insurer Phoenix in sale talks.(Brief Article)
April 18, 2001... Byline: Neal Sandler TEL AVIV -- Negotiations are in progress for the sale of Israel's third-largest insurer, Phoenix Israel Assurance Co. Ltd., said a company official. "We can only confirm that the two owners who control 91% of...

AOL Time Warner still waiting.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Charles Sisk in Washington Few know just how difficult mergers can be better than Gerald Levin, chief executive of AOL Time Warner Inc. Levin came to prominence in 1991, when he was named chief operating officer of Time...

Australia's Franklins chain to be sold.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Giles Parkinson SYDNEY -- Hong Kong's Dairy Farm International Holdings Ltd. said Wednesday it will sell many of its Franklins discount supermarket stores to Australian grocery giant Woolworths Ltd. as it moves to exit the...

Rabble Babble.(Brief Article)(Statistical Data Included)
April 18, 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!,...

Ailing Royal KPN mulls tie-ups.(Brief Article)
April 18, 2001... Byline: Brian Cattell LONDON -- Heavily indebted Dutch phone company Royal KPN NV said Wednesday it is willing to be acquired to bolster its fading market position. KPN said it is examining several options and is prepared to...

Cascade drops Lift's buyout bid.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Scott Stuart The long-awaited acquisition of Cascade Corp. by Lift Group is finally dead. Cascade terminated its $320 million agreement with the group that includes Lift Technologies Inc., after Lift attempted to lower its...

Microsoft to modify European cable deals.(Microsoft Corp., contracts)(Brief Article)
April 18, 2001... Byline: Victorya Hong BRUSSELS -- Software giant Microsoft Corp. agreed Wednesday to relinquish control of set-top box technology used by United Pan-Europe Communications NV of the Netherlands and NTL Inc. of Britain, two broadband cable...

Spark plug auctions have no juice.(Brief Article)
April 18, 2001... Byline: Josh Kosman Recent auctions for spark-plug manufacturers appear to be misfiring. Unison Industries Inc., seeking a buyer since last month, has taken itself off the auction block, several potential suitors said. Meanwhile,...

EU probes De Beers-LVMH joint venture.(European Union investigates De Beers Group, LVMH Moet Hennessy Louis Vuitton S. A.)(Moet Hennessy Louis Vuitton)(Brief Article)
April 18, 2001... Byline: Victorya Hong BRUSSELS -- Plans by South African diamond supplier De Beers Group and France's LVMH Moet Hennessy Louis Vuitton to set up a diamond and luxury-goods retailing joint venture hit regulatory snags Wednesday, when the...

IBP, Tyson to duke it out in Delaware.(IBP Inc., Tyson Foods Inc., broken merger contract, litigation)(Brief Article)
April 18, 2001... Byline: Jaret Seiberg in Washington A judge ruled Wednesday that IBP Inc.'s legal battle to force Tyson Foods Inc. to honor its $4.7 billion merger agreement will occur in Delaware rather than Arkansas. The decision by Vice...

The Dealmaker's Resume: David Hendricks.(Simpson Manufacturing Inc., acquisitions)(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Baron Braccia For an operations guy it was quite a change. In the fall of 1991, David Hendricks was managing Simpson Manufacturing Co.'s connectors plant in McKinney, Texas. The company designs, engineers and manufactures...

Italy's PE and VC soared in 2000.(private equity and venture capital)(Brief Article)
April 18, 2001... Byline: John E. Morris LONDON -- Investment in Italian startups and buyouts surged by 67% in 2000, according to a survey released Wednesday by AIFI, the Italian Venture Capital and Private Equity Association. New capital raised...

PhyCor may seek protection from creditors.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Kelly Holman PhyCor Inc., a Nashville medical network management services company, reported in a filing with the U.S. Securities and Exchange Commission that "it may be necessary to seek protection from our creditors in the...

Seven-year itch.(Deutsche Telekom A.G. acquires VoiceStream Wireless Corp.)(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Leon Lazaroff If you want to trace the roots of Deutsche Telekom's purchase of VoiceStream Wireless Corp., go back to the latter's acquisition of Omnipoint Corp. in February 2000. Besides launching a rollup effort that gave...

Good times on Wall Street.(Alan Greenspan slashes interest rates)(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Marcy Burstiner and Jeffrey Kanige It's party time on Wall Street. For now. The week started out lousy, what with Cisco Systems Inc. warning that its quarterly earnings would be a dismal 30% below the previous quarter, the...

Valuation stunts growth of European VC.(venture capital companies)
April 18, 2001... Byline: Joshua Jaffe in London In Europe, venture capital is suffering from a valuation malaise. Low market capitalizations for publicly traded, high-tech companies are stifling venture capital deals, according to a handful of the...

EmployOn raises $16M.(EmployOn Inc., finance)(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Rob McGann In a financing that highlights changes in the structuring of early-stage venture capital deals, job Web site EmployOn Inc. has closed a $16 million Series A round and cited plans to achieve profitability in just five...

Q&A: How GM invests its VC dollars.(Interview)
April 18, 2001... Byline: Katherine Goncharoff For venture capitalists, the name General Motors Corp. doesn't necessarily conjure up images of sleek Buicks or Cadillacs as it does a $5 billion pension fund. Through its General Motors Investment...

Applied Science Fiction gets $55M.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Lou Whiteman A year after killing plans for an initial public offering and an expected $500 million valuation, Applied Science Fiction Inc. has instead returned to private sources for a $55 million venture capital round. The...

Canada's Symagery snags $12.8M.(Brief Article)(Statistical Data Included)
April 18, 2001... Byline: Vyvyan Tenorio Ottawa's coterie of high-tech startups may be a far-flung group, but it has not been immune to the financing woes facing their U.S. counterparts. All the more reason why little-known Symagery Microsystems Inc.,...

4SURE.com.(Brief Article)(Statistical Data Included)
April 18, 2001... Trumbull, Conn.-based 4SURE.com, a direct marketer of computer and technology products, has received $16.2 million in a Preferred Series E financing round, which closed in March, Internet Wire reported. 4SURE.com has received all of its...

AIR2LAN.(Brief Article)(Statistical Data Included)
April 18, 2001... Broadband services firm AIR2LAN Inc. of Jackson, Miss., has landed nearly $5 million in financing. The deal was comprised of a common equity securities exchange agreement valued at $2.5 million, $1.5 million in funding from Memphis-based...

Amphitech.(Amphitech International Inc.)(Brief Article)(Statistical Data Included)
April 18, 2001... Radar systems developer Amphitech International Inc. of Laval, Quebec, has called up $5 million in funding from private investors, Canada Newswire reported. The financing package consists of $2.5 million from a Quebec investment fund called...

Athersys.(Brief Article)(Statistical Data Included)
April 18, 2001... Gene therapy developer Athersys Inc. withdrew its estimated $115 million initial public offering Tuesday. The Cleveland-based company cited market conditions. The lead manager was Credit Suisse First Boston while Dain Rauscher Wessels and ING...

AtomicBox.com.(Brief Article)(Statistical Data Included)
April 18, 2001... Commerce and e-commerce transaction management provider AtomicBox.com of Aurora, Ohio, has closed $2.7 million in Series A Preferred Stock private placement. The round was led by Development Capital Ventures LP, an Alexandria, Va.-based...

Bizfinity.(Brief Article)(Statistical Data Included)
April 18, 2001... Cupertino, Calif.-based Bizfinity Inc., an application service provider of e-commerce tools for small businesses, has zeroed in on $9 million in Series C venture funding. The round was led by New Enterprise Associates and included investments...

Buhrmann completes deal for Samas division.(Samas-Groep N.V.)(Brief Article)(Statistical Data Included)
April 18, 2001... Netherlands office-supply products company Buhrmann NV said Tuesday it has wrapped up the acquisition of the office supplies division of Samas Group for [Euro]320 million ($284 million). The European Commission approved the deal last week,...

Divine acquires marchFirst division.(Brief Article)(Statistical Data Included)
April 18, 2001... Software consultant Divine Inc.'s $70 million purchase of bankrupt Internet consultancy marchFirst Inc. advanced Tuesday after Divine announced it took over marchFirst's HostOne unit. marchFirst filed for Chapter 11 protection April 12....

EDS gets Sweden Web firm.(Electronic Data Systems Corp. acquires Driftbolaget)(Brief Article)(Statistical Data Included)
April 18, 2001... Electronic Data Systems Corp., the Plano, Texas, IT company, said Tuesday it has acquired Swedish Web hoster Driftbolaget from Swedish Internet consultancy Framfab AB. No terms were disclosed, but Swedish newspaper Dagens Industri's online...

Edison Mission confirms it's considering a sale.(Edison Mission Energy)(Brief Article)(Statistical Data Included)
April 18, 2001... Edison Mission Energy, a unit of Rosemead, Calif., utility Edison International, confirmed Tuesday it is considering selling two of its U.K. electric plants in Britain and has hired Goldman, Sachs & Co. to advise it. The coal-fired power...

EmployOn.(Brief Article)
April 18, 2001... Internet-based career opportunities aggregator EmployOn Inc. of Cleveland has connected with $16 million in Series A funding, including $4 million from Cleveland-based Crystal Internet Venture Funds, Menlo Park, Calif.-based Doll Capital...

GTC buying Apollo.(Brief Article)
April 18, 2001... Global Telephone Communication Inc., a Chicago Internet and IT company, said Tuesday it would acquire Apollo Communications International Corp., a privately held Seattle telecom, for about $2.55 million in stock. GTC is offering 65% of its...

Generac.(Generac Portable Products Inc.)(Brief Article)
April 18, 2001... Jefferson, Wis.-based Generac Portable Products Inc. withdrew its estimated $416.16 million IPO Tuesday. Generac, which manufactures engine-powered portable appliances for industrial and consumer markets, had registered its IPO in May 1999....

Global Power Equipment.(Brief Article)
April 18, 2001... Tulsa, Okla.-based Global Power Equipment Group Inc. increased the size of its IPO to $152.14 million from $125 million when it originally filed the offering in March. Global Power, which makes equipment for turbine gas power plants,...

Greenfingers.(Brief Article)
April 18, 2001... Mail order and Internet gardening company Greenfingers Ltd. has completed a [pound]2.5 million ($3.75 million) second round of financing from London-based Accelerator Media, Amadeus Capital Partners, 3K Digital, Designer City and Gilde IT...

Gulfstream asks shareholders to reject Roc Oil.(Gulfstream Resources Canada Ltd. )(Brief Article)
April 18, 2001... Gulfstream Resources Canada Ltd. said Tuesday that a C$28 million ($17.93 million) hostile cash offer by Australia's Roc Oil Co. Ltd. for 40% of the Calgary-based company is "deficient in several respects" and is urging shareholders to reject...

Katsina Optics.(Brief Article)
April 18, 2001... Milpitas, Calif.-based Katsina Optics Inc., which makes testers for the fiber-optic and telecom industries, has received a $10 million investment from Chugai Mining Co. Ltd. of Japan. The money will be used to expand its research and...

Navigational Technologies.(Brief Article)
April 18, 2001... LONDON -- Navigational Technologies Corp., which makes mapping software, is likely to list on the Nasdaq before the end of the year, according to its parent Royal Philips Electronics NV. Philips, which owns 80% of NavTech, said Tuesday it is...

Neomar.(Brief Article)
April 18, 2001... Enterprise software developer Neomar of San Francisco has reaped a $15 million second round from Clearstone Venture Partners, a Los Angeles partnership focused on emerging software and communications. The infusion is earmarked for product...

PLLB.(Brief Article)
April 18, 2001... Sesto San Giovanni, Italy-based PLLB Elettronica SpA has closed a [Euro]6.4 million ($5.7 million) round of financing led by the ETF Group, a Switzerland-based venture capital firm. The 20-year-old maker of test, monitoring and measurement...

PRWT Services.(Brief Article)
April 18, 2001... Philadelphia-based PRWT Services Inc., a 12-year-old outsourced labor firm, has secured $15.4 million in a private placement. Investors include Lockheed Martin IMS, Sallie Mae Corp. and an unnamed financial institution. The capital will be...

Pickups Plus.(Brief Article)
April 18, 2001... Mason, Ohio-based Pickups Plus Inc., a retailer and national franchiser in the truck and sport utility vehicle after-market accessories industry, has secured a $5 million equity line of credit with Cornell Capital Partners LP, a New...

Piedmont Mining gets eSite.(Brief Article)
April 18, 2001... Charlotte, N.C., precious minerals explorer Piedmont Mining Co. said Tuesday it's paying up to $6.2 million in stock to acquire San Antonio's eSiteAvenue.com LP. Piedmont offered 24.3 million shares of its stock and 10 million warrants at 50...

QuestAir.(Brief Article)
April 18, 2001... Gas separation systems developer QuestAir of Burnaby, British Columbia, has capped off a C$20 million ($12.8 million) fourth round of financing with an additional $1.5 million from Hydro-Quebec CapiTech, the wholly owned venture capital arm...

TriZetto Group buys Infotrust.(Brief Article)
April 18, 2001... Newport Beach, Calif., healthcare technology vendor TriZetto Group Inc. agreed Tuesday to acquire Infotrust Co., a Waukegan, Ill., medical administrative software maker, in a stock swap valued at about $13 million. Last year, TriZetto...

Valero negotiating to acquire refinery from El Paso.(Brief Article)
April 18, 2001... San Antonio refiner Valero Energy Corp. confirmed Tuesday it is negotiating to acquire a 100,000-barrel-per-day refinery in Corpus Christi, Texas, from Houston natural gas transporter El Paso Corp. A Valero spokeswoman wouldn't comment...

Vertex Interactive.(Brief Article)
April 18, 2001... Supply chain technologies and services company Vertex Interactive of Clifton, N.J., has locked up $4 million in private equity financing from investors including Zesiger Capital Group llc, an investment advisory firm, and Federal Partners....

Williams notches Mapco deal.(Brief Article)
April 18, 2001... Williams Express Inc., a unit of Tulsa, Okla., energy and communications giant Williams Cos., said Tuesday agreed to sell 198 of its Mapco Express gasoline stations/convenience stores in Tennessee to Delek Israel Fuel Corp. Ltd., a subsidiary...

eOfficePlanet.com.(Brief Article)
April 18, 2001... Mumbai-based eOfficePlanet.com India Pvt. Ltd., an online office supplies catalogue and procurement company, has closed its first round of equity financing with ICICI Ventures, an affiliate of Global Equity Partners, of $2.25 million. It will...

Texas laws help bankrupt companies.(case of SpectraCell Laboratories Inc.)
April 17, 2001... Byline: Jonathan Berke Distressed Internet and other companies that need financing fast may want to learn the Texas two-step, since two laws there expedite bankruptcy proceedings so that debtors can raise cash quickly and more rapidly...

Goldman throws gutter ball with AMF.(AMF Bowling Worldwide)(Brief Article)
April 17, 2001... Byline: David Carey Goldman Sachs Group, which five years ago bought and refashioned AMF Bowling Inc. into a bowling-alley consolidator, has rolled an enormously costly gutter ball. AMF Chairman and CEO Roland Smith said late...

Quick filing may be Winstar's best option.(Winstar Communications Inc)
April 17, 2001... Byline: Leon Lazaroff While Winstar Communications Inc. considers going into bankruptcy, its bondholders probably do not want the company to dither. Having failed to make a $75 million interest payment Monday, Winstar clearly must...

Savvis needs cash fast.(Savvis Communications Corp)(Brief Article)
April 17, 2001... Byline: David Ehrlich Savvis Communications Corp. could shut down or declare bankruptcy as early as next month if it does not come up with $80 million in funding it says it needs to get to the end of 2001. The company, which has a...

Treasury seeks IPO for Poland's PKO Bank.(Brief Article)
April 17, 2001... Byline: Patricia Koza WARSAW -- In an abrupt change of plan, Poland's Treasury Ministry said it is preparing a plan to float 49% of shares in state-owned PKO Bank Polski SA on the Warsaw Stock Exchange. The ministry originally had...

Some IPOs go beyond their offering prices.(initial public offerings )(Brief Article)(Statistical Data Included)
April 17, 2001... Byline: Heidi Nasr How are this year's initial public offerings doing? The answer is that at least 45% of them this year have managed to keep their heads above water by trading over their offering prices. Companies that have gone...

New math.(Kana Communications Inc. and Broadbase Software Inc. to merge)
April 17, 2001... Byline: Matt Miller Last week, Kana Communications Inc. and Broadbase Software Inc. announced they would merge. In a conference call with analysts, executives of the two publicly traded software companies harrumphed their way past...

A Postal Service wake-up call.(private management might provide more efficient service)(Brief Article)
April 17, 2001... Byline: Edward Hudgins The U.S. Postal Service recently announced it might cancel Saturday mail delivery in light of a projected $2 billion to $3 billion deficit over the next year. This plan is a political ploy to obtain another...

Street smoke.(Securities and Exchange Commission's new disclosure regulation )
April 17, 2001... Byline: Eugene Donati Henry Paulson has it exactly backwards. Late last week, the Goldman Sachs Group chairman complained that Regulation FD is a "big negative" that "has added volatility to the market." His solution? In effect,...

Hyundai denies Daimler to quit partnership.(Hyundai Motor Company Ltd., DaimlerChrysler AG)(Brief Article)(Statistical Data Included)
April 17, 2001... Byline: Michael Baker SEOUL--South Korea's Hyundai Motor Co. denied that strategic partner DaimlerChrysler AG was abandoning it in favor of Japan's Mitsubishi Motors Corp. A report published Monday in Automotive News, an industry...

Wachovia, First Union keep eyes open.(as acqusition talks continue)
April 17, 2001... Byline: David Weidner For Wachovia Corp. chairman and chief executive L.M "Bud" Baker, discussions over whether to sell to First Union Corp. or SunTrust Banks Inc. came down to a single question: Which would make a better bank? His...

Cortefiel pulls hostile bid for rival.(Brief Article)
April 17, 2001... Byline: Mike Elkin MADRID -- Spanish retailer Cortefiel SA has abandoned its attempted hostile takeover of smaller rival Adolfo Dominguez SA after failing to gain support from a majority of its target's shareholders. Cortefiel said...

Allergan buys back former company.(Allergan Specialty Therapeutics Inc.)(Brief Article)
April 17, 2001... Byline: Kevin DeGeeter Ophthalmology and skin care specialist Allergan Inc. exercised its option to acquire Allergan Specialty Therapeutics Inc., a publicly traded pharmaceutical development company spun off to shareholders in 1998, for...

Pru drops injunction against AIG.(Prudential PLC,)(American International Group)(Brief Article)
April 17, 2001... Byline: Nicola Hobday LONDON -- British insurer Prudential plc said April 17 it dropped its plan to request a temporary injunction against American International Group, but it has not abandoned its legal action against the New York...

Carrefour raises stake in Norte.(Brief Article)
April 17, 2001... Byline: Ivan Castano French hypermarket Carrefour SA agreed to pay about $600 million for the 30% stake it didn't already own in Argentine food chain Norte SA from local investment bank The Exxel Group SA, an analyst said Tuesday. ...

Buyers scarce for pizza chain Sbarro.
April 17, 2001... Byline: Soma Biswas Family-owned pizza and pasta restaurant chain Sbarro Inc.'s decision to seek "strategic alternatives" last week may leave it waiting for a table. Last week the Sbarro family announced it is looking for a strategic...

AOL seen as lone Business 2.0 bidder.(Brief Article)
April 17, 2001... Byline: Peter Lauria Media bankers Tuesday shot down a report that two other companies were still involved in the bidding for Business 2.0, saying the new-economy magazine was simply trying to force Time Inc.'s hand in the negotiations....

Hard times call for MAC attack.(as Intel Inc. decision jeopardizes Proxim Inc., Netopia Inc. merger)
April 17, 2001... Byline: Danny Fortson SAN FRANCISCO -- In March, software giant Intel Inc. decided against using a mobile communications standard favored by wireless networking company Proxim Inc. The move not only dented Proxim's business prospects,...

Intuit acquires Tax & Accounting Software.(Brief Article)
April 17, 2001... Byline: Tyson Freeman SEATTLE -- Just one day after tax day, Intuit Inc. has announced that it will acquire the assets of Tax & Accounting Software Corp. in a $63 million all-cash deal struck to strengthen its professional tax division....

Movers and Shakers -- April 17, 2001.
April 17, 2001... Byline: Omar Sacirbey UBS Warburg has connected with Stanley Holtz, who joins as managing director in Warburg's telecommunications investment banking group. Holtz held the same position at Credit Suisse First Boston, landing there via...

DaimlerChrysler, Hyundai to stay partners.(Brief Article)
April 17, 2001... Byline: Michael Baker SEOUL -- Both DaimlerChrysler AG and South Korea's Hyundai Motor Co. denied Tuesday that the German company was abandoning Hyundai as a strategic partner in favor of Japan's Mitsubishi Motors Corp. A report...