The Philadelphia Media Network today completed its acquisition of the Philadelphia Inquirer, Daily News and Philly.com, enabling the newspapers and web site to formally emerge from federal bankruptcy.
PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, today announced the final results of its previously announced cash tender offer for any and all of its outstanding 8.875% Senior Notes due 2012 (the “Notes”).
BASF will focus on its products Ecoflex and Ecovio as biodegradable and compostable plastics for agricultural use. As a consequence, business with the additive Envirocare for oxo-biodegradable plastics was terminated effective July 1, 2010. Envirocare was part of the Ciba AG range and is used to manufacture polyethylene mulch films for agricultural use.
Berry Plastics Corporation, an Apollo Management, L.P. and Graham Partners portfolio company, announced today that Ira G. Boots has decided to retire as Chairman and CEO effective October 4th, 2010. Replacing Boots as CEO will be Dr. Jonathan (“Jon”) Rich, the President and CEO of Momentive Performance Materials.
American Media, Inc. (AMI) Chairman, President and CEO, David J. Pecker, announced today that John Swider has been promoted to President and CEO of Distribution Services, Inc. (DSI).
Solo Cup Company, a leading provider of single-use products used to serve food and beverages, announced the appointment of new vice presidents to six of its corporate business functions over the course the past several months. The Company has brought new leaders into the organization in critical areas in order to increase focus on customer needs and improve business performance.
Members of the PrintCity Activity Group Publishing, Commercial & Web (AG-PCW) recently elected Martin Schorn of UPM as their new Vice Chairman for 2010-2012.
