latest news releases from the newsroom
Song Networks Holding
The Plan of Composition for Song Networks N.V. becomes Irrevocable
STOCKHOLM, Sweden, Dec. 16, 2002 (PRIMEZONE) -- Song Networks Holding AB (Stockholm:SONW) (Other OTC:SONWF) ("Song Networks") today announced that the confirmation of the plan of composition (Akkoord) for its wholly-owned subsidiary, Song Networks N.V., issued by the District Court of Amsterdam on December 4, 2002, became irrevocable on December 13, 2002.
Golar LNG: Annual General Meeting
OSLO, Norway, Dec. 16, 2002 (PRIMEZONE) -- Golar LNG Limited (the "Company") advises that the Annual General Meeting of the Company was held on Friday, December 13, 2002 at 2:15 p.m. (Bermuda time) at Cedar House, 41 Cedar Avenue, Hamilton, Bermuda. The following resolutions were passed:
Frontline: Annual General Meeting
HAMILTON, Bermuda, Dec. 16, 2002 (PRIMEZONE) -- Frontline Ltd. (NYSE:FRO) (LSE:FRO) (the "Company") advised that the Annual General Meeting of the Company was held on Friday, December 13, 2002 at 2:00 p.m. (Bermuda time) at Cedar House, 41 Cedar Avenue, Hamilton, Bermuda. The following resolutions were passed:
onExchange, Inc. Announces Its Response to Speculation of an Offer for Rolfe & Nolan plc
CAMBRIDGE, Mass. and LONDON, Dec. 16, 2002 (PRIMEZONE) -- onExchange, Inc. announces today, in response to public speculation that it has recently made an approach to acquire Rolfe & Nolan, a clarification of its recent discussions with Rolfe & Nolan. onExchange approached the board of Rolfe & Nolan, by letter on July 29, 2002 with a conditional, indicative all-cash offer of 85 pence per Rolfe & Nolan share. This represented a premium of 50 per cent over the then share price of 56 pence and valued Rolfe & Nolan at approximately GBP12.5 million. The board of Rolfe & Nolan rejected this conditional, indicative offer. onExchange is still considering its options in relation to whether it will make a formal offer for Rolfe & Nolan.