Archive for June, 2008

Virgin Mobile USA to Acquire Helio for Approximately $39 Million in Equity

- Additional strategic investment totaling $50 million made by Virgin Group and SK Telecom at $8.50 per share – Improved capital structure through increased liquidity and $50 million paydown of senior secured credit facility – Incremental $60 million added to revolving credit facility – Maximum assumption of $10 million debt and $15 million net working [...]

AT&T Plans to Invest $25 Million This Year in the New Hampshire Wireless Network

Company to Expand Footprint and Offer iPhone to Customers Throughout the State AT&T Inc. (NYSE:T) is supporting its continued commitment to New Hampshire area customers with the largest wireless network investment in the region since 2005. The company’s planned $25 million investment in the state this year will bring the planned four-year New Hampshire investment [...]

American Italian Pasta Company Becomes Current on All Annual Filings

American Italian Pasta Company (Pink Sheets: AITP), the largest producer of dry pasta in North America, today announced results for the fiscal year ended September 28, 2007. With this filing, the Company is current with its annual SEC reporting requirements. RESTATEMENT PROCESS COMPLETE “We are pleased to now be current on all of our annual [...]

Gentilly Shareholders Adopt Liquidation Plan

Gentilly Racing Corporation announced today that, at a special meeting of shareholders held on June 26, 2008, the shareholders adopted a plan to dissolve and liquidate the Corporation. Bryan G. Krantz, President of the Corporation, was appointed to act as liquidator. Mr. Krantz informed the shareholders that, after reserving funds for certain contingent liabilities, he [...]