latest news releases from the newsroom
Callaway Vineyard & Winery
Callaway Winery Returns to Its Roots
TEMECULA, Calif., Jan. 5, 2006 (PRIMEZONE) -- The U.S. Alcohol and Tobacco Tax and Trade Bureau has approved the sale of Callaway Vineyard & Winery to Callaway Temecula Limited Partnership, a Del Mar investment group headed by Patricia Lin and her family.
Prima Poker Ltd
PinnacleSports.com Signs With The Prima Network to Develop New Poker Room
DOUGLAS, Isle of Man, Jan. 5, 2006 (PRIMEZONE) -- The Prima Network (www.primapoker.com), the world's leading online poker network, has announced that PinnacleSports.com (www.pinnaclesports.com) will launch its own poker room in early 2006. PinnacleSports.com is the Internet's largest and most respected sports betting site, offering reduced margin wagering to customers in more than 80 countries worldwide. The deal brings together two of the world's foremost gaming sites and marks the 18th card room to join The Prima Network in the past year.
Foxby Litigation Settled; Shaker Sells Stake
NEW YORK, Jan. 5, 2006 (PRIMEZONE) -- Foxby Corp. (AMEX:FXX) and Richard J. Shaker announced today that they have entered into a settlement of the litigation pending in Maryland. Under the terms of the settlement, the management fee paid to Foxby's investment adviser, CEF Advisers, Inc., will be reduced to an annual rate of 0.50% of Foxby's average daily net assets. Mr. Shaker and his co-plaintiffs have agreed to refrain from engaging in future efforts to seek control of Foxby. Mr. Shaker and his clients have sold their stake in the Fund, 397,300 shares, to Investor Service Center, Inc., an affiliate of the Fund's investment manager and a wholly owned subsidiary of Winmill & Co. Incorporated (Pink Sheets:WNMLA), for a total of $893,925.00. The settlement has been approved by the Board of Directors of the Fund. The parties have filed a Stipulation of Dismissal with the Court.