El 5 de gener de 2000 era un dimecres sota el signe estrella de ♑. Era el 4 dia de l'any. El president dels Estats Units era William J. (Bill) Clinton.
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5th of January 2000 News
Notícies tal com van aparèixer a la portada del New York Times el 5 de gener de 2000
PINNACLE PLANS TO BUY TELECOMMUNICATIONS TOWERS
Date: 05 January 2000
By Bloomberg News
Bloomberg News
Pinnacle Holdings Inc., which leases space on telecommunications towers in the southeastern United States, agreed to buy 329 tower and rooftop-based sites for $95 million. Pinnacle is buying the sites, which are situated throughout the United States, in 29 separate transactions. In another move, the company and several shareholders filed with the Securities and Exchange Commission their intention to sell eight million shares valued at about $302 million. The acquisitions are the latest in a series of purchases made since Pinnacle went public in February and bring the total number of sites that it owns or manages to 3,850. It leases space to wireless communications companies. Pinnacle's shares fell $2.28125, to $37, in Nasdaq trading.
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BIOTECHNOLOGY COMPANY SELLS GENOMICS CENTER STAKE
Date: 06 January 2000
By Bloomberg News
Bloomberg News
Ariad Pharmaceuticals Inc. sold its stake in the Hoechst-Ariad Genomics Center to Aventis S.A. in exchange for rights to drugs and technologies developed by the center and $40 million in cash. Shares in Ariad, a biotechnology company, rose 75 cents, to close at $3.75 in Nasdaq trading. Ariad, based in Cambridge, Mass., said in October it would sell its 50 percent stake in the center. Completion of the agreement was announced on Tuesday. Ariad founded the center with Hoechst A.G., which later merged with Rhone-Poulenc S.A. to form Aventis. Ariad said it sold its stake to focus on its own products.
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KEEBLER SELLING TWO PLANTS TO CONSOLIDATED BISCUIT
Date: 06 January 2000
By Bloomberg News
Bloomberg News
The Keebler Foods Company agreed to sell two cookie plants and its Sunny and Gregs cookie brands for undisclosed terms to the Consolidated Biscuit Company as the last step in integrating a baking company bought in 1998. The plants in Birmingham, Ala., and North Little Rock, Ark., had revenue of $54 million in 1999. Keebler, the second-largest United States cookie and cracker maker, acquired the plants and the brands in September 1998 when it purchased the President Baking Company. Keebler is 55 percent-owned by Flowers Industries, a baked-goods company based in Thomasville, Ga.
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PEROT SYSTEMS SELLS STAKE IN SWISS SOFTWARE COMPANY
Date: 06 January 2000
By Bloomberg News
Bloomberg News
The Perot Systems Corporation, the computer services company founded by the billionaire Ross Perot, plans to sell its 40 percent stake in Systor A.G. for about $55 million to UBS A.G. of Zurich. UBS, which is Europe's No. 2 bank, already owns 60 percent of Systor. Perot Systems, of Dallas, expects to gain $40 million from the sale of its stake in Systor, a Swiss-based software maker. The sale enables Perot Systems to pursue plans to extend its presence with Internet-based businesses and invest in electronic-business ventures, said Mr. Perot, the company's chairman. Mr. Perot said in May the company planned to invest in technology start-ups.
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CARLYLE GROUP IN TALKS WITH GERMAN AUTO PARTS MAKER
Date: 06 January 2000
By Bloomberg News
Bloomberg News
Carlyle Group, a United States buyout firm, said yesterday that it was in takeover talks with Beru A.G., a German maker of car ignition systems, even though Beru had rejected an initial proposal valuing the company at $310 million. Carlyle bought 26.3 percent of Beru from family shareholders for 30 euros a share last month, and said it would make a similar offer for the rest of the outstanding shares in February. Beru rejected the proposed offer on Dec. 20, saying that, based on its earnings, it is worth as much as 40 euros a share.
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CROSS TIMBERS CANCELS ITS PUBLIC OFFERING FOR TRUST
Date: 05 January 2000
By Bloomberg News
Bloomberg News
The Cross Timbers Oil Company said yesterday that it had canceled a public offering for its Texas Permian Royalty Trust because energy stocks are depressed. The company will instead sell the oil and natural gas fields in Texas and New Mexico that it had intended to include in the trust. Bids for the fields will be accepted next month, and Cross Timbers expects to complete the sale by the end of March. Daily production for the fields averages 15 million cubic feet of gas and 1,050 barrels of oil.
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COMMERCE ONE BUYS MERGENT SYSTEMS FOR $200 MILLION
Date: 05 January 2000
By Bloomberg News
Bloomberg News
Commerce One Inc., which makes software to process online orders, said yesterday it would acquire Mergent Systems Inc. for about $200 million. Commerce One will issue 870,000 shares and pay about $10 million in cash. Mergent, which is based in Mountain View, Calif., and is closely held, makes software to compile and search product information. Commerce One, based in Walnut Creek, Calif., will use Mergent's technology to manage catalogs from thousands of suppliers on Web sites.
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3TEC ENERGY ACQUIRES RIVAL COMPANY FOR $24.5 MILLION
Date: 05 January 2000
By Bloomberg News
Bloomberg News
The 3TEC Energy Corporation, which explores for oil and natural gas, agreed yesterday to buy closely held rival Magellan Exploration L.L.C. for about $24.5 million in stock. 3TEC will issue 3.3 million common shares to Magellan's owners, plus warrants to buy 1 million more at $10 each for four years. 3TEC also will issue 1.875 million shares of preferred stock, each valued at $8 and with a dividend of 5 percent a year. Both companies are based in Houston. Magellan had reserves of 20 billion cubic feet of natural-gas equivalent, valued at $38.3 million, as of Oct. 1, 3TEC said. 3TEC, which changed its name from the Middle Bay Oil Company last month, operates in Texas, Louisiana and Oklahoma. It had sales of $15 million in 1998.
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S3 TO POST GAIN FROM BUYOUT OF INTEREST IN CHIP PLANT
Date: 06 January 2000
By Bloomberg News
Bloomberg News
The S3 Corporation, the designer of fast graphics chips for personal computers, will post a first-quarter gain of $500 million after one of its partners bought out its share of a semiconductor plant in Taiwan. The United Microelectronics Corporation bought S3's stake in the United Semiconductor Corporation and completed the purchase of three other former joint-venture chip makers yesterday. S3, which is based in Santa Clara, Calif., invested $90 million in United Semiconductor in 1995.
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Metro Business; Plant May Not Close
Date: 06 January 2000
By Bloomberg News
Bloomberg News
Hercules Inc. has reported that it is talking to several companies interested in buying its nitrocellulose manufacturing operations in Parlin, N.J.
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