latest news releases from the newsroom
Interland Announces Definitive Agreement to Purchase Web.com
ATLANTA, Nov. 30, 2005 (PRIMEZONE) -- Interland (Nasdaq:INLD), a leading provider of websites and online services for small and medium-sized businesses (SMBs), today announced that it has signed a definitive agreement to purchase various assets from Web Internet, LLC (Web.com) and Web Service Company Inc. including the domain name Web.com, its trademark rights and associated intangible assets. The deal is also expected to include approximately 9,000 web hosting accounts and an accredited registrar. The total cost of the transaction is approximately $4.4 million in cash, restricted stock and assumed liabilities. Roughly half of the consideration consists of assumed debt in the form of a low interest 3% loan payable over three years.
Volvo: Sale of Celero Completed
GOTEBORG, Sweden, Nov. 30, 2005 (PRIMEZONE) -- AB Volvo has now completed the previously announced sale of the Group's service company Celero Support to Coor Service Management. Accordingly, all terms and conditions of the transaction were met.
OTC Stock Review Issues Report on Roadhouse Foods Incorporated (RHSE)
ATLANTA, Nov. 30, 2005 (PRIMEZONE) -- OTC Stock Review announces that it has initiated coverage of Roadhouse Foods Incorporated (Pink Sheets:RHSE). Roadhouse Foods Incorporated, headquartered in Freeport, NY, is a specialty, branded-food company capitalizing on the trend in Latino population growth and spending patterns with their line of frozen, ethnic Cuban Foods. Roadhouse Foods Original Famous Havana Roadhouse Cuban Sandwiches can be purchased nationwide at major retailers and online merchants. Other popular products include Empanadas, Tostones, Maduros, and Arepas.
Wireless Zones from Telenor - Now Available to all Mobile Subscribers
OSLO, Norway, Nov. 30, 2005 (PRIMEZONE) -- Telenor is making more than 400 wireless WLAN zones available to all mobile subscribers.All Telenor mobile customers with invoice-based subscriptions may log on to Telenor Wireless Zones using their own mobile number as their user name, and the same password that they use when accessing Mine Sider at www.telenormobil.no. Customers on prepaid subscription plans and customers registered with other mobile operators may now also access Wireless Zones via an easy-to-use SMS service.
TDC Directories Sale Completed
COPENHAGEN, Denmark, Nov. 30, 2005 (PRIMEZONE) -- TDC has today completed the sale of TDC Directories to European Directories S.A., a consortium led by Macquarie Capital Alliance Group and the holding company owning European Directories, the former YBR Group.
Atlas Copco's Capital Markets Day in brief
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Today, Atlas Copco holds its annual Capital Markets Day. The objective is to give a deeper understanding of the Group's strategy, structure, and ongoing activities. A special focus is put on the Industrial Technique business area.
Meda Group Executives Buy Warrants
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Members of Meda's new executive management team bought a total of 1,625,000 warrants in Meda. This team was formed after the Viatris acquisition. Each warrant entitles the right to subscribe for one new share in the company at SEK 150 per share -- as per the extraordinary general meeting decision in October 2005. The subscription period runs from 27 February 2006 to 26 February 2008. Going forward, additional key persons in the new Group will get opportunities to participate in the warrants programme.