PR Newswire back issues from Friday, June 27:
Matt Massengill Appointed Senior Vice President, General Manager of Western Digital's Enterprise Storage Group
Jun 27, 1997 ... IRVINE, Calif., June 27 /PRNewswire/ -- Western Digital Corporation (NYSE: WDC) has appointed Matt Massengill senior vice president and general manager of its Enterprise Storage Group. Massengill becomes the first permanent general manager of the WD group that produces high-capacity, ...
S&P Affirms Florida Gas BBB Senior Debt; Outlook To Positive; Assigns BBB BLR
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- Standard & Poor's today has affirmed its triple-'B' rating on Florida Gas Transmission Co.'s senior debt and the company's triple-'B' corporate credit rating. However, the ratings outlook has been revised to positive from stable. At the same time, a ...
New AHCPR Research Supports Use of Erythromycin for Pneumonia Outpatients
Jun 27, 1997 ... erythromycin for treating community-acquired pneumonia (CAP) in most outpatients aged 60 and under significantly reduces treatment costs compared with the use of other antibiotics ($5.43 vs. $18.51), and has no adverse effect on medical outcomes. This finding is consistent with the ...
AIA Cites Storm Damage as Major Cause of Homeowners Insurance Claims
Jun 27, 1997 ... BOSTON, June 27 /PRNewswire/ -- The American Insurance Association today cited data showing storm damage to be a major cause of Massachusetts homeowner insurance losses and refuted charges a recent drop in crime should have led to lower rates."It is logical to believe there ...
DoubleClick Launches First Performance-Based Web Advertising Solution
Jun 27, 1997 ... <Pre> DoubleClick Direct(SM) to Provide Web Marketing OpportunitiesFor Direct Response Advertisers </Pre> NEW YORK, June 27 /PRNewswire/ -- DoubleClick, Inc., the international Web marketing solutions company, today announced beta testing of ...
Barry Silverman Named President of Home Depot's Southwest Division
Jun 27, 1997 ... ATLANTA, June 27 /PRNewswire/ -- The Home Depot (NYSE: HD), North America's largest home improvement retailer, today announced the promotion of Barry Silverman to President of the Southwest Division, replacing Ken Ubertino who is leaving the company."Barry Silverman, who ...
New Product by Systems Enhancement Corp. Allows Network Administrator to Power Receptacles On and Off to Reboot Equipment Which has Locked Up or to Simply Turn it On or Off as Needed
Jun 27, 1997 ... ST. LOUIS, June 27 /PRNewswire/ -- Systems Enhancement Corporation has announced the release of its Power Administrator family of receptacle management products for remote reboot and individual receptacle control.The Power Administrator is a network power management device ...
Richard J. Louden Elected Vice President, Coastal Oil & Gas Corporation
Jun 27, 1997 ... HOUSTON, June 27 /PRNewswire/ -- The Coastal Corporation (NYSE: CGP) announced today that Richard J. Louden has been elected vice president of its exploration and production subsidiary, Coastal Oil & Gas Corporation.Mr. Louden, 41, will be responsible for oil and gas ...
Directory Assistance Provider INFONXX Helps Bell Atlantic NYNEX Mobile Introduce a New Level of Information to Wireless Customers in Atlantic City, N.J.
Jun 27, 1997 ... EASTON, Pa., June 27 /PRNewswire/ -- INFONXX, Inc. today announced its directory assistance services are now available to wireless subscribers of Bell Atlantic NYNEX Mobile in the Atlantic City, N.J., region, as part of the company's larger service relationship with Bell Atlantic NYNEX ...
Artisoft Restructures Operations To Improve Results
Jun 27, 1997 ... TUCSON, Ariz., June 27 /PRNewswire/ -- Artisoft, Inc. (Nasdaq: ASFT) announced today it has restructured its operations to reduce the company's break-even point, and to provide an appropriate organizational and product focus given current market conditions. Among several major actions, ...
Artisoft Names Jerry Goldress To Board Of Directors
Jun 27, 1997 ... TUCSON, Ariz., June 27 /PRNewswire/ -- Artisoft, Inc. (Nasdaq: ASFT) announced today that Jerry E. Goldress was named a member of the Artisoft, Inc. Board of Directors. Goldress is Chairman of the Board and Chief Executive Officer of Grisanti, Galef and Goldress, Inc. (GGG), a firm ...
Fluor Daniel Appoints Kutsch Lojenga President of European Operations
Jun 27, 1997 ... IRVINE, Calif., June 27 /PRNewswire/ -- Fluor Daniel announced today the appointment of Rein Kutsch Lojenga to the position of president, Europe and Central Asia. Kutsch Lojenga will replace Carel Smeets who earlier announced his retirement, effective October 31.Kutsch ...
Shuffle Master Names Yoseloff Executive Vice President, Announces Other Management Promotions
Jun 27, 1997 ... MINNEAPOLIS, June 27 /PRNewswire/ -- Shuffle Master, Inc. (Nasdaq: SHFL) today announced a series of promotions and organizational changes that will allow it to take advantage of its growing opportunities in new game products and build on its strong market position in existing business ...
Liz Claiborne Announces Regular Quarterly Cash Dividend
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- Mr. Samuel M. Miller, Senior Vice President - Finance of Liz Claiborne, Inc. (NYSE: LIZ) today announced that the Board of Directors has declared a regular cash dividend on the Company's Common Stock at the rate of $.1125 per share to be paid on ...
President and CEO, George Gatesy, of GlenGate Apparel Reports Finalization of $2.5 Million Capital Infusion Agreement with AMI of Kansas City
Jun 27, 1997 ... MOUNTAINSIDE, N.J., June 27 /PRNewswire/ -- President and CEO, George Gatesy, of GlenGate Apparel, Inc. (OTC Bulletin Board: GLNN) reported today the formal signing of a $2.5 million dollar equity investment agreement by American Marketing Industries, Inc. This purchase of stock ...
S&P Rates Adelphia Communications' $150M Senior Notes B, Preferred Stock B-
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- Standard & Poor's today has assigned its single-'B' rating to Adelphia Communications Corp.'s proposed issue of $150 million senior notes due 2007 and its single-'B'-minus rating to the company's $150 million series A cumulative exchangeable preferred ...
Miller Brewing Company Issues Statement
Jun 27, 1997 ... MILWAUKEE, June 27 /PRNewswire/ -- Miller Brewing Company today issued the following statement in response to the case being broadcast on Court TV:"In our view, the interest surrounding this case is more about Jerry Seinfeld than Jerry MacKenzie, the plaintiff in this ...
Washington Water Power: Natural Gas Price Increase Request Filed in Washington
Jun 27, 1997 ... <Pre>Subsequent Filings Will Affect Both Washington and Idaho </Pre> SPOKANE, Wash., June 27 /PRNewswire/ -- In a filing today with the Washington Utilities and Transportation Commission (WUTC), Washington Water Power (NYSE: WWP) is seeking a natural gas price increase to ...
MedPartners Affiliates With California-Based Fischer Mangold
Jun 27, 1997 ... BIRMINGHAM, Ala. and PLEASANTON, Calif., June 27 /PRNewswire/ -- MedPartners, Inc. (NYSE: MDM), announced that Fischer Mangold, a hospital contract management company, has merged with MedPartners. The transaction will be accounted for as a pooling of interests. Fischer Mangold's ...
Ultimus Introduces Workflow Professional Program Web-based Workflow Solution Spurs Demand for Consultants
Jun 27, 1997 ... RALEIGH, N.C., June 27 /PRNewswire/ -- Ultimus today introduced the Ultimus Workflow Professional program designed to help consultants demonstrate and develop sophisticated intranet/Internet-based workflow automation solutions for their clients. Quickly growing interest in the Ultimus ...
American Filtrona Announces Merger Agreement Terminated
Jun 27, 1997 ... RICHMOND, Va., June 27 /PRNewswire/ -- American Filtrona Corporation (Nasdaq-NNM: AFIL) announced today that WBT Holdings, LLC, has terminated the Merger Agreement between American Filtrona and WBT Holdings. The Board of Directors of American Filtrona has authorized the Special ...
Shells Seafood Restaurants, Inc. Opens New Restaurant In Reynoldsburg, Ohio
Jun 27, 1997 ... TAMPA, Fla., June 27 /PRNewswire/ -- Shells Seafood Restaurants, Inc. (Nasdaq: SHLL, SHLLW) announced the opening of a Shells restaurant in Reynoldsburg, Ohio, a suburb of Columbus, Ohio on June 25th. The restaurant is located at 2770 Brice Road. It is Shells' 35th restaurant, and the ...
MDI Introduces SCSI Express(R) CD16X 16x CD-ROM Drive
Jun 27, 1997 ... WINTER PARK, Fla., June 27 /PRNewswire/ -- Micro Design International Inc. (MDI) introduces its newest and fastest CD-ROM drive, the SCSI Express CD16X, featuring a 16 times rotational speed. Micro Design's award-winning SCSI Express software amplifies the functionality of this 16X drive ...
Wave to Launch New IntranetWare(TM) Curriculum in July
Jun 27, 1997 ... ST. LOUIS, June 27 /PRNewswire/ -- Wave Technologies International, Inc., (Nasdaq: WAVT) will launch its comprehensive new curriculum for Novell IntranetWare in July. With multiple media training options that include a complete self-study program and two, five-day instructor-led ...
Odetics Receives Orders for $2-Million-Plus for Korean CDMA and PCS Systems From LGIC
Jun 27, 1997 ... ANAHEIM, Calif., June 27 /PRNewswire/ -- Odetics, Inc. (Nasdaq: ODETA, ODETB), a leading manufacturer of information management products, today reports combined orders from LG Information and Communications, Ltd. (LGIC) for more than $2 million for its K-Star II and PCS/GPS wireless ...
Dawson Science Corp. Releases Its Projected Earnings for Next 6 Months
Jun 27, 1997 ... RENO, Nev., June 27 /PRNewswire/ -- DAWSON SCIENCE CORP. (OTC BULLETIN BOARD: DWSC) has just released its projected earnings for the next 6 quarters. These projections are based on a recent Price Waterhouse audit and an analysis by a division of the Chinese government, as well as ...
ACX Technologies Names Jeffrey H. Coors President and CEO of Graphic Packaging Corporation
Jun 27, 1997 ... GOLDEN, Colo., June 27 /PRNewswire/ -- ACX Technologies, Inc., (NYSE: ACX) today announced that Jeffrey H. Coors, Office of the President of ACX, has been named President and CEO of Graphic Packaging Corporation, a major subsidiary of ACX. David H. Hofmann, the former President of ...
Secondary Offering of SUPERVALU's ShopKo Shares Priced
Jun 27, 1997 ... MINNEAPOLIS, June 27 /PRNewswire/ -- SUPERVALU INC. (NYSE: SVU) today announced that the secondary offering of its 6.6 million share holdings of ShopKo Stores, Inc. (NYSE: SKO) was priced at $25 per share for sale by an underwriting group led by Goldman Sachs. The company expects to ...
Navarre Corporation Reports Fiscal Year-End Results
Jun 27, 1997 ... MINNEAPOLIS, June 27 /PRNewswire/ -- Navarre Corporation (Nasdaq: NAVR), a leading national distributor of music, computer software and interactive CD-ROM products, today reported record fourth-quarter sales for the quarter ended March 31, 1997, of $43,293,000, an increase of 18.4 ...
Equitable Announces Full Redemption of Debentures and Preferred Stock
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- The Equitable Companies Incorporated (NYSE: EQ) announced that it has elected to redeem on August 4, 1997 all of its outstanding 6 1/8% Convertible Subordinated Debentures due 2024 and all outstanding shares of its Series C and Series E Cumulative ...
Ascent Pediatrics, Inc. Announces Purchase of Additional 240,000 Shares in Initial Public Offering
Jun 27, 1997 ... WILMINGTON, Mass., June 27 /PRNewswire/ -- Ascent Pediatrics, Inc. (Nasdaq: ASCT) announced today that it closed the sale of an additional 240,000 shares of its common stock at a price of $9.00 per share pursuant to the over-allotment option granted to the underwriters as part of ...
S&P Sees Improvement in Japanese Auto Industry (1)
Jun 27, 1997 ... MELBOURNE, Australia, June 27 /PRNewswire/ -- Standard & Poor's today has announced its view that the operating and financial performances of Japanese automakers have gradually improved over the past two years. These improvements reflect stronger domestic demand, broadly stable sales in ...
Minorco, Amcoal, Glencore and Rio Tinto in Colombian Coal Joint Venture
Jun 27, 1997 ... LUXEMBOURG, June 27 /PRNewswire/ -- Minorco, Anglo American Coal Corporation Limited ("Amcoal"), Glencore International AG ("Glencore") and Rio Tinto have reached agreement in principle to combine the Cerrejon Centrale and the Oreganal coal properties in northern Colombia such that the ...
Sainsbury's Outlook Revised to Negative; Ratings Affirmed
Jun 27, 1997 ... LONDON, June 27 /PRNewswire/ -- Standard & Poor's today has revised its outlook on Sainsbury (J.) PLC to negative from stable. Sainsbury's single- 'A'-plus senior unsecured, corporate credit and 'A-1' commercial paper ratings are affirmed.The outlook revision reflects ...
SubMicron Systems Corporation Announces Restructuring Status and Appointment Of VP of Technical Planning; Date of Annual Shareholder Meeting Also Announced
Jun 27, 1997 ... ALLENTOWN, Pa., June 27 /PRNewswire/ -- SubMicron Systems Corporation (Nasdaq: SUBM) announced today a status of its four-step plan to return to profitability and the appointment of James Molinaro to the newly created position of Vice President of Technical Planning."We ...
JLK Direct Distribution Announces Initial Public Offering
Jun 27, 1997 ... LATROBE, Pa., June 27 /PRNewswire/ -- JLK Direct Distribution Inc. (NYSE: JLK) announced today the initial public offering of 4,257,000 shares of Class A common stock at a price of $20 per share. All the shares offered are being sold by the Company. The offering represents 16.9% of the ...
Signature Resorts Files Resale Shelf Registration Statement With Securities and Exchange Commission
Jun 27, 1997 ... LOS ANGELES, June 27 /PRNewswire/ -- In partial satisfaction of registration rights obligations previously granted by Signature Resorts, Inc. and previously described in other Securities and Exchange Commission filings, Signature Resorts, Inc. (Nasdaq: SIGR) today announced the filing of ...
Heska Corporation Announces Initial Public Offering
Jun 27, 1997 ... FORT COLLINS, Colo., June 27 /PRNewswire/ -- Heska Corporation announced that it expects to price its initial public offering of 5,000,000 shares of its Common Stock on Monday, June 30 and commence trading Tuesday, July 1. The initial public offering price is expected to be $8.50 per ...
It's Not Too Late to go to Amsterdam This Summer and Enjoy Low Fares On Delta
Jun 27, 1997 ... ATLANTA, June 27 /PRNewswire/ -- It is not too late for travelers to plan a trip to Amsterdam this summer and enjoy new low sale fares on Delta Air Lines (NYSE: DAL). The fares are available from all U.S. cities served by Delta via Delta's daily nonstop service to Amsterdam from Atlanta ...
First Industrial Acquires Light Industrial Property in Green Bay, WI
Jun 27, 1997 ... CHICAGO, June 27 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR) a $1.7 billion real estate investment trust with 436 in-service properties comprising 38.8 million square feet in 17 markets across the United States today announced the $880,000 acquisition of a 25,254 ...
3CI Announces Change in Trading Symbol
Jun 27, 1997 ... SHREVEPORT, La., June 27 /PRNewswire/ -- 3CI Complete Compliance Corporation (Nasdaq: TCCC) announced that the Company's common stock will continue to be listed on The Nasdaq SmallCap Market under the symbol TCCC effective Friday, June 27, 1997. As the Company was informed by the ...
Western Geophysical Targets Deepwater Offshore Ivory Coast for Major Non-Exclusive Seismic Survey
Jun 27, 1997 ... LONDON, June 27 /PRNewswire/ -- Interest in deepwater hydrocarbon exploration in West Africa has never been greater. Following the discovery of the offshore Angola Girassol field in 1300 m of water, many West African countries have experienced an exploration activity increase in their ...
Astrocom Announces Preliminary Results
Jun 27, 1997 ... MINNEAPOLIS, June 27 /PRNewswire/ -- Astrocom Corporation (OTC Bulletin Board: ATCC), today reported the preliminary results of the review of its financial records. At May 31, 1997, the balance sheet reflected a cash position of $535,474, accounts receivable of $418,487, inventory of ...
Millipore Sells Non-Strategic Business Unit
Jun 27, 1997 ... BEDFORD, Mass., June 27 /PRNewswire/ -- Millipore Corporation (NYSE: MIL) announced the sale of its interest in Class 1, a company located in Ocala, Florida. The sale was made to Class 1 management. Class 1, which manufactures emergency vehicle gauges, was part of Tylan General, which ...
DCR Rates NPF XI, Inc. Health Care Receivables Securitization Program Notes, Series 1997-1
Jun 27, 1997 ... <Pre> $104.16 Million Class A Notes 'AAA'$3.36 Million Class B Notes 'AA'$4.48 Million Class C Notes 'A' </Pre> CHICAGO, June 27 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has assigned a "AAA" ...
S&P Rates Eletrobras-Centrais Eletricas Brasileiras BB-
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- Standard & Poor's today has assigned its double-`B'-minus foreign currency corporate credit rating to Eletrobras- Centrais Eletricas Brasileiras S.A.The rating is linked to Brazil's sovereign ratings, reflecting Eletrobras' majority ...
Intevac, Inc. Announces Formation of IMAT Inc. and Amended Cost Sharing Agreement With EBARA Corporation
Jun 27, 1997 ... SANTA CLARA, Calif., June 27 /PRNewswire/ -- Intevac, Inc. (Nasdaq: IVAC), a leading supplier of sputtering systems and related equipment used to manufacture thin-film disks for computer hard disk drives, today announced it had agreed with Matsubo Company, Ltd. ("MATSUBO") to form a ...
American General Announces Sale of Credit Card Portfolio
Jun 27, 1997 ... HOUSTON, June 27 /PRNewswire/ -- American General Corporation (NYSE: AGC) today announced that its consumer finance operation, American General Finance, sold its bank credit card portfolio to a wholly owned subsidiary of GE Capital Services.This transaction completes the ...
Lockheed Martin Reduces Work Activity On Idaho Environmental Remediation Project
Jun 27, 1997 ... POCATELLO, Idaho, June 27 /PRNewswire/ -- Lockheed Martin Advanced Environmental Systems, Inc. today announced it is reducing its activities on the Pit 9 Comprehensive Demonstration Project at the U.S. Department of Energy's (DOE) Idaho National Engineering and Environmental Laboratory ...
Norwegian Cruise Line Finalizes Contract To Operate The M/S Crown Majesty
Jun 27, 1997 ... <Pre> Ship to be Re-named the Norwegian Dynasty; Joins NCL Fleet on September 29, 1997 </Pre> MIAMI, June 27 /PRNewswire/ -- Norwegian Cruise Line today announced the finalization of its contract with Cunard Line to take over complete operations ...
NeoTherapeutics to Begin Clinical Trials in U.S. on Lead Compound, AIT-082; Trials Will be Conducted by the Alzheimer's Disease Cooperative Study
Jun 27, 1997 ... IRVINE, Calif., June 27 /PRNewswire/ -- NeoTherapeutics, Inc. (Nasdaq: NEOT; NEOTW) announced today that it has received clearance from the United States Food and Drug Administration to begin Phase I human clinical trials of the Company's lead compound, AIT-082. The trial will be ...
APA Optics, Inc. Reports Record Revenues for Fiscal 1997; has Minor Loss Due to Costs Related to New Aberdeen, S.D. Plant
Jun 27, 1997 ... Company now installing equipment and systems in its South Dakota optoelectronics manufacturing center following completion of constructionMINNEAPOLIS, June 27 /PRNewswire/ -- APA Optics, Inc. (Nasdaq: APAT), today reported record revenues of $2,769,270 for ...
Bleustein Appointed Chief Executive Officer of Harley-Davidson, Inc.
Jun 27, 1997 ... <Pre> Teerlink Remains Chairman </Pre> MILWAUKEE, June 27 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HDI) announced today that Jeffrey L. Bleustein has been named president and chief <Pre> executive officer of Harley-Davidson, Inc. He is ...
Oxford Health Plans Opens New Health Center in the Brownsville-East New York Section of Brooklyn
Jun 27, 1997 ... Brings High Quality Healthcare to Medically Underserved CommunityNORWALK, Conn., June 27 /PRNewswire/ -- Oxford Health Plans (Nasdaq-NNM: OXHP) opened a new $1.6 million healthcare facility in the Brownsville and East New York sections of Brooklyn today to serve a ...
The First Australia Funds Announce Performance Data
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- The First Australia Prime Income Fund, Inc. (AMEX: FAX) closed-end bond fund, and The First Australia Fund, Inc. (AMEX: IAF) a closed-end equity fund today announced portfolio and performance data for the month ended May 30, 1997.The First ...
Shareholders' Meeting Approves Corporate Restructuring
Jun 27, 1997 ... SAO PAULO, Brazil, June 27 /PRNewswire/ -- Perdigao S.A. Comercio e Industria (OTC Bulletin Board: PDGCY), ("Perdigao"), a leading integrated producer and processor of poultry and pork products, today announced shareholder approval of a corporate restructuring that will allow the Company ...
American Stock Exchange Daily Report
Jun 27, 1997 ... NEW YORK, June 27 /PRNewswire/ -- To access this information via telephone, call The American Stock Exchange automated 24-Hour Market Information Service, 212-306-1234.Prices on the American Stock Exchange closed higher today in heavy trading. <Pre>INDEX: ...
/FIRST AND FINAL ADD -- NYF114 -- American Stock Exchange/
Jun 27, 1997 ... AMEX Index Options closed as follows:Airline Index (XAL): up 8.65 to 469.06. Contracts volume 43, with 3 puts and 40 calls.AMEX Gold BUGS Index (HUI): down 1.66 to 145.34. Contracts volume 0, with 0 puts and 0 calls.Biotechnology Index (BTK): ...
Huntingdon Life Sciences Vindicated By Continuation of Current Proctor & Gamble Studies
Jun 27, 1997 ... EAST MILLSTONE, N.J., June 27 /PRNewswire/ -- Huntingdon Life Sciences announced today that Proctor & Gamble (NYSE: PG) has agreed to restart studies after its investigation into animal care at Huntingdon found the lab in compliance with both the Animal Welfare Act and P&G's own ...
CarMax(R) Tops Billion-Dollar Mark in Used-Car Sales
Jun 27, 1997 ... RICHMOND, Va., June 27 /PRNewswire/ -- CarMax Auto Superstores, Inc., the pioneer of the used-car Superstore concept, today announced that it has reached the $1 billion milestone in cumulative store used-car sales.CarMax began development of the auto superstore concept in ...
Edison Brothers' Stock Stops Trading; NYSE Action Does Not Affect Chapter 11 Process
Jun 27, 1997 ... ST. LOUIS, June 27 /PRNewswire/ -- Edison Brothers Stores Inc. (NYSE: EBS) said today that the New York Stock Exchange has indicated that it does not intend to resume trading of the company's existing common stock and plans to delist the stock. This action has no effect on the company's ...
Mercury Announces New Employee Stock Plan
Jun 27, 1997 ... CHICAGO, June 27 /PRNewswire/ -- Mercury Finance Company (NYSE: MFN) established a revised stock option program for several hundred key employees, allowing them the opportunity to receive new options at an exercise price of $3.00 per share. Most of the employees held options under ...
KKR Completes Acquisition of Majority Interest in Randalls Food Markets
Jun 27, 1997 ... HOUSTON and NEW YORK, June 27 /PRNewswire/ -- Randalls Food Markets Inc. (Randalls) and Kohlberg Kravis Roberts & Co. (KKR) have completed a previously announced transaction under which an affiliate of KKR has acquired a majority interest in Randalls. In connection with the agreement, ...
Vista 2000, Inc. Announces the Sale of its Wholly Owned Subsidiary Alabaster Industries, Inc.
Jun 27, 1997 ... MARIETTA, Ga., June 27 /PRNewswire/ -- Vista 2000, Inc. (the "Company") announced today that on June 19, 1997, it sold all of the stock of its wholly owned subsidiary, Alabaster Industries, Inc. (Alabaster) to W.R. Hill & Co., Inc., for $2,000,000. Payment consisted of $500,000 cash and ...
Closing Date For Columbia Value Health Merger Extended
Jun 27, 1997 ... NASHVILLE, Tenn., June 27 /PRNewswire/ -- Columbia/HCA Healthcare Corporation (NYSE: COL) today announced that its planned merger with Value Health, originally intended for the second quarter of 1997, is now expected to be completed as soon as the preliminary injunction granted today by ...