latest news releases from the newsroom
DISH Network Corporation
EchoStar Announces Agreement to Acquire Sling Media, Inc.
ENGLEWOOD, Colo. and FOSTER CITY, Calif., Sept. 24, 2007 (PRIME NEWSWIRE) -- EchoStar Communications Corporation (Nasdaq:DISH) announced today that it has agreed to acquire Sling Media, Inc., a privately-held digital lifestyle products company. EchoStar, through its DISH Network(r), is the third largest pay-TV provider in the United States. The transaction values Sling Media at approximately $380 million and is payable in cash and EchoStar options. The transaction is subject to customary closing conditions, and is expected to close in the fourth quarter of 2007.
First Solar, Inc.
First Solar Adds Two New Members to Board of Directors
PHOENIX, Sept. 24, 2007 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) today announced the appointment to its board of directors of Craig Kennedy, president of the German Marshall Fund, and Jose H. Villarreal, partner with the law firm of Akin Gump Strauss Hauer & Feld LLP, effective immediately.
Enbridge Energy Partners, L.P.
Enbridge Energy Partners Announces $400 Million Offering of Junior Subordinated Notes
HOUSTON, Sept. 24, 2007 (PRIME NEWSWIRE) -- Enbridge Energy Partners L.P. (NYSE:EEP) (the "Partnership") today announced that it has priced $400 million of fixed/floating rate junior subordinated notes ("Notes") pursuant to a public offering. The Notes have a 60-year final maturity and feature a fixed-rate coupon of 8.05% for an initial 10-year period with an issue price of $99.822. After the initial 10-year period the Notes are callable at par. If they remain outstanding the Notes will bear interest at a floating rate. The partnership expects to settle the offering on September 27, 2007.
Mohegan Tribal Gaming Authority
MTGA Gaming, Olympia Gaming, and RED Development Announce Partnership to Develop and Operate a Destination Gaming Resort in Wyandotte County, Kansas
UNCASVILLE, Conn., Sept. 24, 2007 (PRIME NEWSWIRE) -- MTGA Gaming, LLC (or "MTGA"), a wholly owned subsidiary of the Mohegan Tribal Gaming Authority (or "the Authority"), the owner and operator of one of the most spectacular and successful casinos in the Northeast -- Mohegan Sun in Uncasville, Connecticut -- and Mohegan Sun at Pocono Downs in Wilkes-Barre, Pennsylvania, Olympia Gaming-KC, LLC (or "Olympia"), a wholly owned subsidiary of Olympia Gaming, LLC, one of Southern Nevada's top real estate and casino developers, and RED Leg Sun, LLC (or "RED"), a wholly owned subsidiary of RED Development, LLC, a premier developer of retail lifestyle centers and destination developments, today announced that they have agreed upon terms, subject to customary conditions, for the development of a gaming facility and destination resort named Legends Sun to be located in Wyandotte County, Kansas. MTGA, Olympia and RED have joined in the Legends Sun application in response to a request for proposal from the Unified Government of Wyandotte County/Kansas City, Kansas. If approved by the Unified Government, the project would also be subject to approval by the Kansas Lottery Commission in accordance with the Kansas Expanded Lottery Act.
Zanett Receives Notice From NASDAQ; Management Intends to Comply by March 17th 2008
NEW YORK, Sept. 24, 2007 (PRIME NEWSWIRE) -- Zanett, Inc. (Nasdaq:ZANE) announced today that it has electronically received a Nasdaq Staff Deficiency Letter on September 18, 2007 indicating that the Company fails to comply with the minimum bid price requirement(s) for continued listing set forth in Marketplace Rule(s) 4310(c)(4) and 4310(c)(8)(D). The letter is dated September 18th 2007 and a redacted copy of this letter can be found attached to the 8-K filing on EDGAR.