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Home » Business News
Business News
Wednesday 31. December 2008

Acacia Subsidiary Enters into a Settlement and License Agreement with Hewlett-Packard

Acacia Research Corporation (Nasdaq:ACTG) announced today that its subsidiary, Data Network Storage LLC, has entered into a settlement and license agreement with the Hewlett-Packard Company covering a patent portfolio that relates to storage area networks.

Wednesday 31. December 2008

Huntsman Receives Final $425 Million Payment from Apollo Affiliates – Completes the $1 billion in payments required to be made under the Settlement Agreement

Huntsman Corporation (NYSE: HUN) today announced it has received the final $425 million in payments from affiliates of Apollo Management, L.P. (“Apollo”).

Wednesday 31. December 2008

Consumer Reports’ Publisher Acquires Gawker Media’s Consumerist.com

America’s most trusted consumer advocate bolsters new media offerings; Purchase comes during period of organization’s continued growth

Tuesday 30. December 2008

IKON ANNOUNCES RECEIPT OF REQUISITE CONSENTS AND PRICING OF THE TENDER OFFER FOR ITS OUTSTANDING 7.75% NOTES DUE 2015

IKON Office Solutions Inc (the “Company”), a Ricoh company, today announced that it has determined the price for its previously announced cash tender offer for any and all of its 7.75% Notes due 2015 (the “Notes”). The tender offer and consent solicitation are being made pursuant to an Offer to Purchase and Consent Solicitation Statement dated October 29, 2008, and a related Letter of Transmittal, which more fully set forth the terms and conditions of the tender offer and consent solicitation.

Tuesday 30. December 2008

Edipresse Eastern Europe continues to strengthen its organization

Edipresse has taken important steps in reinforcing its Eastern European management team with high level appointments: nomination of Izabela Bochenek as Deputy CEO of Edipresse Eastern Europe (EEE) and Andreas Tilk as Chairman of the Board of Directors of Edipresse Konliga in Russia.

Tuesday 30. December 2008

Top Image Systems Reports Third Quarter 2008 Results

– Record first 9 month revenues totaled $26 million, 56% increase year-over-year – Quarterly revenues of $8.5 million and operating income of $0.2 million – Conference call today at 10:00 am ET to discuss results

Tuesday 30. December 2008

GLV Inc. Announces Cost-Reduction Measures in the Pulp and Paper Group

In response to the global economic slowdown, management of GLV Inc. (“GLV” or the “Company”; ticker symbols GLV.A, GLV.B / TSX) announces it has implemented measures in North America and Europe that will allow the Pulp and Paper Group to reduce its operating costs by some $5.5 M annually.

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