The Daily Deal articles from July 2001, page 5

The Daily Deal archives from July 2001

Pubmaster extends Wolverhampton offer deadline.(Pubmaster Ltd. hostile offer for Wolverhampton and Dudley Breweries plc)(Brief Article)
July 23, 2001... Pubmaster Ltd. has extended the deadline for its [pound]453.4 million ($648.4 million) hostile offer for Wolverhampton & Dudley Breweries plc, the British regional brewer and pub owner, through Thursday. Pubmaster said that 4.9% of...

Report: Enron could be Montedison's white knight.(Italenergia makes bid for Montedison S.p.A.)(Brief Article)
July 23, 2001... If Italian conglomerate Montedison SpA were to be allowed to take defensive actions against a bid from Italenergia, Houston energy giant Enron Corp. could step in as a white knight on the side of Montedison shareholder Mediobanca, according...

Riva Commerce.(receives funding)(Brief Article)
July 23, 2001... Washington, D.C.-based Riva Commerce nailed down an undisclosed amount of venture capital from NextLevel Venture Partners in its first institutional round, according to Washtech.com. The maker of enterprise software applications plans to use...

Shell Oil gets new chief after failed Barrett deal.(Raoul Restucci, Shell Exploration and Production Co.)(Brief Article)
July 23, 2001... Shell Oil Co., a unit of Royal Dutch/Shell Group of The Hague, said Friday it named Raoul Restucci as president and CEO of Shell Exploration & Production Co., replacing Walter van de Vijver, who led Shell's unsuccessful $2 billion hostile...

Thayer Capital cuts ePlus stake.(Thayer Capital Partners, ePlus Inc.)(Brief Article)(Statistical Data Included)
July 23, 2001... A group that includes Thayer Capital Partners has cut its stake in ePlus Inc., the Herndon, Va., Internet and e-commerce services company. According to an amended Schedule 13D filed Friday with the U.S. Securities and Exchange Commission, the...

Fleet Street.(various United Kingdom acquisitions and mergers)(Brief Article)
July 22, 2001... Byline: Joshua Jaffe A massive asset sale planned by Anglo-Australian mining giant BHP Billiton Ltd. topped deal news in London's papers over the weekend. The company will sell as much as [pound]10 billion ($14.3 million) worth of...

Court clears Canadian paper merger.(Supreme Court of British Columbia, litigation)(Brief Article)
July 22, 2001... Byline: Laura King TORONTO -- Pulp and paper giant Norske Skog Canada Ltd. said Friday it will accelerate plans to merge the operations of rival Pacifica Paper Inc. with its own mills now that the Supreme Court of British Columbia has...

EU to probe EdF bid for Montedison.(European Union, Electricite de France, Montedison S.p.A.)(Brief Article)
July 22, 2001... Byline: Victorya Hong BRUSSELS -- A hostile takeover approach by Electricite de France and Fiat SpA for agro-energy conglomerate Montedison SpA stalled Friday when European Union regulators claimed jurisidiction to review the...

Africa Israel buys stake in Christina Ltd.(Africa Israel Investments Ltd.)(Brief Article)
July 22, 2001... Byline: Neal Sandler TEL AVIV -- Africa Israel Investments Ltd. and a group of Canadian investors bought Montreal-based Christina Ltd., a privately held swimwear maker, according to a statement issued Sunday by the Tel Aviv holding...

Scitex in talks to sell stake in Creo.(Scitex Corporation Ltd., Creo Products Inc.)(Brief Article)
July 22, 2001... Byline: Neal Sandler TEL AVIV -- Israel's Scitex Corp. Ltd. is holding preliminary talks for the sale of its stake in Canada's Creo Products Inc., according to sources close to Scitex. Scitex has a 27% stake in Vancouver, British...

Qwest abandons $1.7B Citizens deal.(Qwest Communication International Inc., Citizens Communications Inc.)(Brief Article)
July 22, 2001... Byline: Katherine Goncharoff Denver-based Qwest Communications International, a telecom company that serves 30 million customers worldwide, said it has terminated its approximately $1.7 billion deal to sell 540,000 rural telephone lines...

Disney trumps AOL, Viacom for Fox Family.(Walt Disney Co. wins contract over AOL Time Warner Inc., Viacom Inc., Fox Family Worldwide Inc.)(Brief Article)
July 22, 2001... Byline: Richard Morgan The Walt Disney Co. showed itself to be in a very family way over the weekend by snatching Fox Family Worldwide from erstwhile suitors AOL Time Warner Inc. and Viacom Inc. in a deal valued at $5.3 billion. ...

Bain, Blackstone team up for Huntsman.(Bain Capital Inc., Blackstone Group L.P. finance Huntsman Corp.)(Brief Article)
July 22, 2001... Byline: Kelly Holman and David Carey Bain Capital Inc. and the Blackstone Group are on the verge of a deal with chemicals producer Huntsman Corp. to help finance its buyout of Imperial Chemicals Industry plc's stake in Huntsman...

GE Capital, SunGard circle Comdisco assets.(Brief Article)
July 20, 2001... Byline: David Shabelman in San Francisco Bankrupt information technology giant Comdisco Inc. is drawing interest from a number of companies as it attempts to divest assets after filing for bankruptcy protection. GE Capital Inc., a...

Judge blocks exec-poaching from Bridge.(Brief Article)
July 20, 2001... Byline: David Ehrlich A U.S. bankruptcy judge issued a temporary restraining order against SunGard Data Systems Inc. that blocks it from trying to lure executives from bankrupt Bridge Information Systems Inc. Judge David P. McDonald...

CA growth to stoke proxy feud.(Brief Article)
July 20, 2001... Byline: Cheryl Meyer LOS ANGELES -- Computer Associates International Inc., the software giant embroiled in a bitter proxy fight with Texas tycoon Sam Wyly, is expected to make hay of its latest quarterly earnings, slated for release...

Italy's De'Longhi prices under expectations.(Brief Article)
July 20, 2001... Byline: Heather O'Brian MILAN -- In a move analysts welcomed, Italian appliance producer De'Longhi SpA has priced its shares for its initial public offering at [Euro]3.4 ($2.96) each, below previous indications of a likely price range of...

LSE shares dip on market debut.(Brief Article)
July 20, 2001... Byline: Nicola Hobday LONDON -- The 200-year-old London Stock Exchange plc on July 20 joined the lengthening list of European bourses that have gone public. But while the LSE ranks among the world's largest and most venerable...

After a difficult birth, BABY IPO soars.(Brief Article)
July 20, 2001... Byline: Heidi Nasr It was cigars all around as Natus Medical Inc. -- under the ticker symbol BABY -- rose 21% on the first day of its initial public offering. Shares of the medical-device maker opened modestly above their $11...

FirstEnergy, GPU New Jersey presentation delayed.(Brief Article)
July 20, 2001... Byline: Scott Stuart A presentation on GPU Inc.'s $4.5 billion merger with FirstEnergy Inc. before a New Jersey administrative law judge was postponed until Monday afternoon. The companies and intervenors in the case were scheduled...

Sanoma buys Dutch magazine group.(Brief Article)
July 20, 2001... Byline: Jonathan Braude in Berlin Finnish publisher Sanoma-WSOY July 20 acquired the consumer magazine business of Dutch media company VNU, in a move to expand from a national publisher to a company with strong positions in several...

Top two Russian steelmakers in merger talks.(Brief Article)
July 20, 2001... Byline: John Helmer MOSCOW -- Russia's two largest steel-makers -- Magnitogorsk Metal Combine and Severstal -- are moving toward a merger that would create the world's eighth-largest steel company, with almost $4 billion in annual sales,...

Chinese bank to sell shares to foreigners.(Brief Article)
July 20, 2001... Byline: Kazuhiko Shimizu HONG KONG -- China's fifth-largest state-owned bank, Bank of Communication, confirmed July 20 it will let foreign financial institutions take up to about a 15% stake in the lender. An official at the bank's...

Motorola unit expected to fetch $750M.(Brief Article)
July 20, 2001... Byline: Josh Kosman The sale of Motorola Inc.'s electronic systems and satellite communications business is proceeding despite attempts to pre-empt the process, sources said. The unit, known as Integrated Information Systems Group,...

Portugal Telecom sets terms for Brazilian bid.(Brief Article)
July 20, 2001... Byline: Brian Cattell LONDON -- Portugal's dominant telecom company has set conditions, including a 10% fall in the value of the Brazilian real, that would give it the option to walk away from its [Euro]2.1 billion ($1.8 billion) bid for...

Bioglan in talks for skincare portfolio.(Brief Article)
July 20, 2001... Byline: Siobhan Almond in Dublin and Kevin DeGeeter in New York British pharmaceutical company Bioglan Pharma plc is in talks to buy Bristol-Myers Squibb Co.'s portfolio of skincare products, according to a person familiar with the...

Acquisitive Cendant fills coffers.(Brief Article)
July 20, 2001... Byline: Greg Johnson Cendant Corp. has raised $750 million after selling senior notes convertible into Cendant shares in three years. The New York-based financial services company will use the funds for general purposes including...

Latin American links help Spain, Portugal weather M&A downturn.(Brief Article)
July 20, 2001... Byline: Nicola Hobday in London and Michael Elkin in Madrid While deal activity has slowed throughout Europe in the last 12 months, the volume of mergers and acquisitions in Spain and Portugal has held up relatively well, thanks to the...

EU set to clear Nestle's Purina buy.(European Commission; Ralston Purina Co.)(Brief Article)
July 20, 2001... Byline: Victorya Hong in Brussels Swiss giant Nestle SA is set to secure early European Union regulatory approval of its $10.3 billion acquisition of U.S. pet-food maker Ralston Purina Co., after offering to divest several well-known...

Yell NV issue to test high-yield market.(Brief Article)
July 20, 2001... Byline: John E. Morris LONDON -- Buyout funds and bond investors will be watching closely this week to discern how the market receives the [pound]500 million ($714 million) high-yield offering by Yell NV, the phone directory company...

A conversation with CINV's Stacy Dick.(Continuation Investments N.V.)
July 20, 2001... Byline: Kelly Holman Stacy S. Dick, a veteran dealmaker and former partner of New York's Evercore Partners Inc., was appointed CEO of Continuation Investments NV, the worldwide private equity arm of Rothschilds banking group in March....

MyPrimeTime raises a modest $3M.(Brief Article)
July 20, 2001... Byline: Clifford Carlsen After burning through $30 million in little more than two years, once-promising Web portal MyPrimeTime Inc. of San Francisco has scraped together a more modest third round of $3 million in venture capital from...

Les-Concierges merges, lands $2.5M in funding.(iSaySo Corp.)(Brief Article)
July 20, 2001... Byline: Lou Whiteman Out in search of growth capital, San Francisco-based Les-Concierges Inc. stumbled upon a merger partner instead, forging a deal that also provided a $2.5 million cash infusion to the 14-year-old company. Jane...

Allianz gets EU okay for Dresdner Bank takeover.(Brief Article)
July 20, 2001... German insurer Allianz AG secured European Union approval Thursday for its takeover of Dresdner Bank AG. As Allianz had previously announced, the approval by the European Commission, the EU's executive branch and its merger clearinghouse, was...

Cirrus Logic takes LuxSonor Semi.
July 20, 2001... Austin, Texas, analog chip maker Cirrus Logic Inc. announced Thursday an agreement to acquire privately held DVD chip designer LuxSonor Semiconductors Inc. for $65 million in stock. Fremont, Calif.-based LuxSonor, founded in 1996, designs...

Court blocks Aerocontinente's bid for ailing airline.
July 20, 2001... Aerocontinente SA could lose a $1 billion bid for ailing Aerolineas Argentinas SA it launched July 12 after a Chilean court Thursday blocked $37 million in its bank accounts, arrested three top managers and seized six of its aircraft in a...

Cross Media to take LifeMinders.(Brief Article)
July 20, 2001... New York's Cross Media Marketing Corp. has agreed to buy Herndon, Va., online marketer LifeMinders Inc. in a transaction valued at $68.1 million, it said Thursday. Cross Media said the move adds LifeMinders' 20 million member database and...

DNA Sciences.
July 20, 2001... Citing market conditions, Fremont, Calif.-based DNA Sciences Inc. withdrew its $125 million initial public offering Thursday. The genetic research company had not set the price per share and number of shares. Net proceeds from the offering...

Formation Systems.
July 20, 2001... Southborough, Mass.-based Formation Systems has secured $16 million in additional financing. Leading the round for the Product Lifecycle Management (PLM) software maker was Bain Capital Ventures, which contributed $7.5 million in new funding....

GE Medical buys Data Critical.
July 20, 2001... GE Medical Systems, the Milwaukee subsidiary of General Electric Co., said Thursday it would pay about $64 million in cash to buy Data Critical Corp., a Bothell, Wash., maker of wireless communication equipment for healthcare professionals....

Health Care Prop. buys Boyer assets.
July 20, 2001... Health Care Property Investors Inc. said Thursday that it acquired 12 medical office buildings and six medical research facilities for $126 million in cash from The Boyer Co., a privately held Salt Lake City commercial real estate company....

Judge to hear W.R. Grace bankruptcy fraud claims.
July 20, 2001... The battle to control the investigation into allegations of fraudulent conveyance in the asbestos-related Chapter 11 filing by W.R. Grace & Co. began to unfold Thursday in U.S. Bankruptcy Court in Wilmington, Del. Bankruptcy Judge Joseph...

Kinder Morgan eyes more deals.(Brief Article)
July 20, 2001... Houston energy company Kinder Morgan Inc. said Thursday it is considering more acquisitions in the pipeline, terminal and storage industries. Michael Morgan, named president of the company and affiliates Kinder Morgan Energy Partners LP and...

London Stock Exchange.(Brief Article)
July 20, 2001... LONDON -- After shareholders voted Thursday to lift the 4.9% ownership limit, the London Stock Exchange plc will start trading on its own exchange Friday. Shares had been traded on a special facility provided by Cazenove & Co. Those shares...

MetriGenix.
July 20, 2001... Genomic information provider Gene Logic Inc. of Gaithersburg, Md., has completed a spinoff of its gene-screening technology into a new company, MetriGenix Inc., and which has tapped $15 million in initial financing. The money is earmarked for...

Round 1.(Brief Article)(Buyers Guide)(Bibliography)(Critical Essay)
July 20, 2001... Washington, D.C.-based International Finance Corp., a member of the World Bank Group, said Thursday it will take an undisclosed stake in Round l, a San Francisco-based provider of financial productivity and analysis software and services for...

Textile maker Dewhirst agrees to $161M MBO.(Abstract)(Brief Article)
July 20, 2001... Another U.K. textile company is poised to leave the London stock market after Dewhirst Group plc Thursday agreed to a [pound]112.7 million ($161 million) management buyout. If approved, bid vehicle Kirkgate Group Ltd. will pay 85 pence a...

UK ministry clears Bank of Scotland-Halifax deal.
July 20, 2001... Patricia Hewitt, the U.K. trade and industry minister, Thursday cleared the proposed [pound]10.1 billion ($14.3 billion) merger between Bank of Scotland and Halifax plc. Hewitt, in a statement, said the combination may "strengthen the...

Vertex II Fund.
July 20, 2001... Israeli venture fund Vertex II Fund has received $7.5 million in new capital, according to a report in Israel Business Arena. Investec Israel, a local investment bank, provided the funding. Vertex II has raised $150 million to date. The fund,...

eTunnels.
July 20, 2001... Seattle, Wash.-based Silicon Valley Bank, a subsidiary of Silicon Valley Bancshares, said it has provided Seattle's eTunnels Inc., a provider of security provisioning and management services to businesses, with $400,000 in equipment...

iamasia.
July 20, 2001... Internet research and measurement company iamasia of Hong Kong said techpacific.com Ltd. has offered a significant investment to help accelerate iamasia's growth. According to the South China Morning Post, sources said the investment totaled...

e.spire aims for quick exit from bankruptcy.(Brief Article)
July 19, 2001... Byline: Leon Lazaroff e.spire Communications Inc., the bankrupt local broadband provider, is assembling a plan that it says will help the company emerge from Chapter 11 protection as early as the end of September. If e.spire, which...

FCC ruling sought on NextWave licenses.(Brief Article)
July 19, 2001... Byline: Leon Lazaroff U.S. cellular telephone companies made clear on July 19 that they are prepared not to let bankrupt NextWave Telecom Inc. run away with the valued wireless spectrum licenses they won in a January government auction....

First Alliance preps for liquidation.(Brief Article)
July 19, 2001... Byline: Ivan Castano First Alliance Corp., the sub-prime mortgage lender that filed for Chapter 11 bankruptcy protection last March under the weight of $11 billion in borrower claims, filed a plan Thursday to reorganize debts and pay...

Winstar to name bank for possible sale.(Brief Article)
July 19, 2001... Byline: Leon Lazaroff William Rouhana Jr., CEO of bankrupt Winstar Communications, said July 19 the New York-based broadband provider has picked an investment bank to sell the company or secure additional investors. Rouhana would not...

W.R. Grace probe gets messy.(Brief Article)
July 19, 2001... Byline: Terry Brennan Battlelines over control of the investigation into alleged fraudulent conveyance against bankrupt W.R. Grace & Co. began to take shape July 19 in Grace's massive asbestos-related Chapter 11 filing. Grace is...

Ariba loses CEO, reports Q3 loss.(Brief Article)
July 19, 2001... Byline: Tyson Freeman In tandem with a disappointing third-quarter earnings announcement, ailing B2B software maker Ariba Inc. on July 19 announced the resignation of its CEO, Larry Mueller, after just three months at the helm. Ariba...

IPO Outlook - July 19, 2001.(Brief Article)
July 19, 2001... Byline: Soma Biswas in New York and Nicola Hobday in London DNA Sciences Citing market conditions, Fremont, Calif.-based DNA Sciences Inc. withdrew its $125 million initial public offering Thursday. The genetic research company had...

Beck's shareholders opt for sale.(Brief Article)
July 19, 2001... Byline: Jonathan Braude BERLIN -- Shareholders of Germany's leading beer exporter, Beck GmbH & Co. KG, voted Thursday to sell the company after rejecting management's other options, such as an IPO or an alliance with another brewery....

Market lukewarm to Accenture IPO.(Brief Article)
July 19, 2001... Byline: Heidi Nasr Accenture Ltd.'s sleek initial public offering road show could not erase the dark specter of rival KPMG Consulting Inc.'s underperforming $2 billion deal earlier this year. Co-lead underwriter Morgan Stanley...

Royal & Sun sheds Spanish subsidiaries.(Royal and Sun Alliance Insurance Group PLC)(Brief Article)
July 19, 2001... Byline: Nicola Hobday LONDON -- Britain's Royal & Sun Alliance Insurance Group plc said July 19 it will sell its Spain-based businesses to Liberty Mutual Group for [pound]134 million ($190.2 million) in cash, as it continues to dispose...

Faint praise for Anglo-French ad deals.(Brief Article)
July 19, 2001... Byline: Richard Morgan in New York and Siobhan Almond in Dublin France's Havas Advertising SA and Publicis Groupe SA both sought to bolster their media-buying power with separate deals July 19, but criticism of the transactions were...

IMS sale boosts Lockheed turnaround.(Brief Article)
July 19, 2001... Byline: Charles Sisk WASHINGTON -- Lockheed Martin Corp.'s announcement July 19 that it will sell its government services unit to Applied Computer Services Inc. marks a big step in the company's 21-month restructuring effort. Terms...

Starwood seeks $1.7B for luxury hotels.(Starwood Hotels & Resorts Worldwide Inc. )(Brief Article)
July 19, 2001... Byline: Jonathan Berke NEW YORK -- Starwood Hotels & Resorts Worldwide Inc. officially put its European luxury hotels on the block July 19, seeking more than $1.7 billion in a European market hot for such properties. Starwood, of...

Lucent nears deal for fiber-optic unit.(Brief Article)
July 19, 2001... Byline: Sarah Cohen With Lucent Technologies Inc. set to report earnings July 24, sources say the company is poised to announce a buyer for its fiber-optic division. Final bids for the unit, which has been on the block for months,...

Pitt vows to update securities law.(Brief Article)
July 19, 2001... Byline: Shanon D. Murray WASHINGTON -- Harvey L. Pitt, President Bush's nominee for chairman of the Securities and Exchange Commission, said July 19 he wants the regulatory agency to lead a broad review of federal securities laws to...

Small operators may feast on AT&T battle.(Brief Article)
July 19, 2001... Byline: Peter Lauria Since AT&T Corp. effectively put its cable unit in play Wednesday, industry speculation has centered on potential big-money challengers to Comcast Corp.'s $53 billion bid. But second-tier operators could benefit most...

History of battle for Wolverhampton & Dudley.(Brief Article)
July 19, 2001... Byline: John E. Morris Aug. 8, 2000: Wolverhampton & Dudley Breweries plc stock at 355 pence Aug. 9: Botts & Co. says it is considering a takeover offer at [pound]5 (500 pence) per share, pushing Wolves' shares above [pound]5. ...

Q&A: Pubmaster CEO on the bid for Wolves.(Interview)
July 19, 2001... Byline: John E. Morris While hostile takeover attempts such as Lloyds TSB Group plc's unsolicited bid for Abbey National plc have received more publicity, the U.K.'s longest-running hostile attack has centered on Wolverhampton & Dudley...

divine inc. buys Emicom group.(Brief Article)
July 19, 2001... Byline: Neal Sandler TEL AVIV -- Chicago-based Internet company divine inc. said July 19 it acquired the 67% it didn't already own of Emicom Group, a technology holding company that provides capital and advisory services to enterprise...

HSBC buyout unit sells Mira Showers.(Brief Article)
July 19, 2001... Byline: Brian Cattell London-based HSBC Private Equity said July 19 it sold Mira Showers to Kohler Co., a Kohler, Wis.-based plumbing hardware maker and resort operator, for [pound]301 million ($430 million). Mira was one of five...

Morgan PE unit to sell most of Silgan Holdings.(Brief Article)
July 19, 2001... Byline: David Carey A private equity affiliate of Morgan Stanley plans to unload most of its stake in Silgan Holdings Inc., a packaging concern that Morgan Stanley bought in a leveraged buyout 12 years ago. The Stamford, Conn.-based...

Integral Access gets $45M fourth round.(Brief Article)
July 19, 2001... Byline: David Shabelman Combining telecommunications and the Internet in a fund-raising pitch this year would seem fruitless. But Internet telephony startup Integral Access Inc. has done just that, raising a $45 million fourth round of...

Heller Ehrman opens startup advisory unit.(Brief Article)
July 19, 2001... Byline: Clifford Carlsen Heller Ehrman White & McAuliffe llp's longtime biotechnology practice has thrived in part due to the San Francisco firm's proximity to the rich vein of venture capital in nearby Silicon Valley. Now it has...

ViaWest grabs $2M round as it fans out.(ViaWest Internet Services Inc. )(Brief Article)
July 19, 2001... Byline: Lou Whiteman A 2-year-old Denver Internet service provider rollup has secured $2 million in venture funding from existing shareholders as it eyes more targets and navigates to profitability. ViaWest Internet Services Inc....

IBM retools venture investing structure.(Brief Article)
July 19, 2001... Byline: Vyvyan Tenorio For the $90 billion technology company that is IBM Corp., venture capital has been a low priority -- until recently. The Armonk, N.Y. company, which has for years relied on its own massive R&D to build a huge...

Fios gets $10M to cut legal paper chasing.(Brief Article)
July 19, 2001... Byline: Danny Fortson Fios Inc. has tapped $10.1 million in venture funding with the promise of helping M&A lawyers and litigators breeze through thousands of pages of computer documents. Fluke Venture Partners of Bellevue, Wash.,...

401Konnect.(closes financing round)(Brief Article)
July 19, 2001... Palo Alto, Calif.-based 401Konnect, a Web-based marketplace for the automation of the marketing and sales process for retirement products, has closed a Series B financing round. Participants in the round included SBV Venture Partners, based...

Avian Communications.(completes equity financing round)(Brief Article)
July 19, 2001... Marlborough, Mass.-based Avian Communications Inc., a provider of wireless networking equipment, has completed a $22 million round of equity financing. New investors Argo Global Capital, Nokia Venture Partners, Wasserstein Ventures, YankeeTek...

BBVA-Bancomer selling Seguros unit.(Seguros BBV Probursa )(Grupo Financiero BBVA-Bancomer SA )(Brief Article)
July 19, 2001... Mexico's Grupo Financiero BBVA-Bancomer SA said Tuesday it agreed to sell insurance unit Seguros BBV Probursa to Globe Insurance Co., a subsidiary of U.K.-based Royal & Sun Alliance Insurance Group plc, for $41 million. BBVA-Bancomer, a unit...

Brazilian Development Bank selling Petrobras stake.(Brief Article)
July 19, 2001... The Brazilian Development Bank Wednesday was set to close the sale of its 35.98 million preferred share stake in state oil company Petroleo Brasileiro SA on the New York and Brazilian stock markets. Although the shares are worth $747 million,...

Cell Science Therapeutics.(receives National Science Foundation funding)(Brief Article)
July 19, 2001... Delaware-based Cell Science Therapeutics Inc., a joint venture of Select Therapeutics and Cytomatrix llc, has picked up $200,000 in grant funding from the National Science Foundation, bringing its total funding to more than $598,000. The...

Covista getting Capsule for $12.5M.(Covista Communications Inc.,)(Capsule Communications Inc. )(Brief Article)
July 19, 2001... Covista Communications Inc., a Little Falls, N.J., telecom and Internet service provider, said Wednesday it would acquire Bensalem, Pa., interchange carrier Capsule Communications Inc. for about $12.57 million. Under the terms, Capsule...

Denver court to hear White Wave's lawsuit.(against Dean Foods Co. and Suiza Foods Corp.)(Brief Article)
July 19, 2001... A U.S. District Court in Illinois has sent soy foods maker White Wave Inc.'s lawsuit against merger partners Dean Foods Co. and Suiza Foods Corp. back to Denver, where White Wave filed it in June. Dean Foods tried to have the case sent to...