latest news releases from the newsroom
Toll Brothers, Inc.
Toll Brothers Finance Corp. Announces Completion of Offering of $300 Million of Senior Notes Guaranteed by Toll Brothers, Inc.
HORSHAM, Pa., June 2, 2005 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), today announced that the Company, through its subsidiary Toll Brothers Finance Corp., has completed an offering of $300 million of 5.15% Senior Notes due May 15, 2015. The Company will use a portion of the net proceeds of that offering to redeem all of its $100 million of Toll Corp. 8% Senior Subordinated Notes due 2009. The balance of the net proceeds plus available cash will be used to repay all of its $222.5 million First Huntingdon Finance Corp. Term Loan Facility due July 2005.
ATA Airlines, Inc.
ATA Holdings Announces Appointments of Interim Chief Financial Officer and Chief Commercial Officer
INDIANAPOLIS, June 2, 2005 (PRIMEZONE) -- ATA Holdings Corp. (Pink Sheets:ATAHQ) announced today changes in its leadership team with the naming of Francis J. Conway to the position of Interim Chief Financial Officer (CFO). Conway's experience working with financially distressed companies, both from the perspective of an officer and director, as well as an advisor to such entities, is in excess of 20 years and involves dozens of transactions. With regard to his position at ATA, 47-year-old Conway will serve as the CFO on a fully dedicated basis and will work closely with ATA's leadership team as the Company continues its efforts to reorganize its operations under the protection of the U.S. Bankruptcy Code.
Oneida Stockholders Authorize Additional Common and Preferred Shares; Elect Directors
ONEIDA, N.Y., June 2, 2005 (PRIMEZONE) -- ONEIDA Ltd. (OTCBB:ONEI) today announced that Stockholders at Oneida Ltd.'s 124th Annual Meeting held on May 25, 2005 at the Hyatt Regency in Chicago, approved amendments to the Company's Certificate of Incorporation reducing the minimum required size of the Board of Directors from nine to five Directors, increasing to 100,000,000 the number of authorized shares of Company Common Stock, and increasing to 10,000,000 the number of authorized shares of Company Series Preferred Stock. Stockholders also elected six current members of the Company's Board of Directors to continue to serve on the Board as follows: Hugh R. Rovit and Terry G. Westbrook for one-year terms expiring in May 2006; Fred Spivak for a two-year term expiring in May 2007; and William C. Langley, Christopher H. Smith and Nick White for three-year terms expiring in May 2008. Two members of the Board of Directors, Peter J. Marshall and Gregory M. Harden will continue to serve three year terms expiring in May 2006 and May 2007 respectively.
Synergie Unlimited Records
Tisha Campbell-Martin's Brother, Tai 'Quill' Campbell to Drop CD in 2005
WASHINGTON, June 2, 2005 (PRIMEZONE) -- Synergie Unlimited Records today announced the Fall 2005 CD release of Tai "Quill" Campbell, younger brother of prominent singer, actress and director, Tisha Campbell-Martin. She proudly admits that her brother is a true lyrical genius and their family musical treasure and secret. With diversity, creativity, seriousness, humor and wit, Quill brings a unique flavor to the hip hop music industry that is simply contagious.