latest news releases from the newsroom
Acquisition of Amersham PLC - Exchange Ratio
BUCKINGHAMSHIRE, U.K., April 6, 2004 (PRIMEZONE) -- Recommended share exchange acquisition of Amersham plc ("Amersham") by General Electric Company and GE Investments, Inc. (together "GE") by means of a scheme of arrangement (the "Scheme") under section 425 of the Companies Act 1985 (the "Acquisition")Amersham and GE are pleased to announce that, at the first of the two Court hearings to be held this week, the High Court sanctioned the Scheme. The Scheme still remains conditional upon the confirmation by the High Court of the reduction of capital which forms part of the Scheme. It is expected that the Scheme will become effective on 8 April 2004.
Airbee Wireless Inc.
Airbee Wireless Joins ZigBee Alliance
POTOMAC, Md., April 6, 2004 (PRIMEZONE) -- Airbee Wireless Inc. (Pink Sheets:ABEW), an innovator of intelligent software for wireless communications, has been accepted as a participating member in the ZigBee Alliance, an international association of companies working together to enable reliable, cost-effective, low-power, and wirelessly networked monitoring and control products based on an open global standard.
Proposal from the Nomination Committee of NeoNet
STOCKHOLM, Sweden, April 6, 2004 (PRIMEZONE) -- The nomination committee consisting of the three largest shareholders - Hans Karlsson, Staffan Persson and Peter Lindell - has prior to the Annual General Meeting of NeoNet AB on 6th May 2004 proposed re-election of the following board members: Hans Karlsson, Staffan Persson, Mats Sundstrom, Thord Wilkne and Kari Lotsberg.
Vodafone Sverige AB
Vodafone Sweden Lowers Its Mobile Data Traffic Prices
STOCKHOLM, Sweden, April 6, 2004 (PRIMEZONE) -- Vodafone Sweden is now following up the successful launch of its new 3G datacard by lowering its mobile data traffic prices as from today. This means that Vodafone's customers get unbeatable value when accessing e- mail, calendars, the Internet and company networks from their laptops when working away from the office.
United Online, Inc.
United Online Acquires Consumer Web-Hosting Business from About, Inc.
WESTLAKE VILLAGE, Calif., April 5, 2004 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet subscription services, today announced that it has acquired the consumer web-hosting business of About, Inc., a wholly owned subsidiary of PRIMEDIA Inc. (NYSE:PRM), for approximately $12 million in cash. The business maintains more than 3 million free, ad-supported web sites and has approximately 53,000 pay subscribers. It offers consumers a variety of affordable personal web-site services, including hosting, domain and email services. The company has approximately 30 employees and will maintain its operations in Orem, UT.