latest news releases from the newsroom
Discovery Laboratories, Inc.
Discovery Labs Announces Completion of $20.0 Million Registered Direct Offering
WARRINGTON, Pa., Dec. 20, 2005 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), has completed its previously announced registered direct offering of 3,030,304 shares of common stock to select institutional investors. The shares were priced at $6.60 per share resulting in gross proceeds of $20.0 million. All of the shares of common stock were offered by Discovery Labs pursuant to an effective registration statement previously filed with the Securities and Exchange Commission. SG Cowen & Co., LLC acted as exclusive placement agent for the transaction.
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert -- TelePlus Enterprises, Inc.
DEERFIELD BEACH, Fla., Dec. 20, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (Frankfurt:YT3) (http://www.teleplus.ca) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. "The company announced the appointment of Kiriakos Vanikiotis as its General Council effective immediately. Mr. Vanikiotis will report to the CEO & Chairman, Marius Silvasan, and shall oversee the Company's legal and regulatory matters. Kiriakos joins TelePlus with an impressive educational background having obtained Bachelor of Science (math major), Bachelor of Civil Law and Bachelor of Common Law degrees, all from renowned McGill University in Montreal, Quebec. Kiriakos also recently completed his Masters in Business Administration from HEC Montreal -- a Montreal university recently ranked 20th on the Forbes international list of business schools and ranked one of the top 10 business schools outside of the U.S. by BusinessWeek magazine. This solid background with a combined seven years experience at firms Fasken Martineau DuMoulin LLP and Fraser Milner Casgrain LLP, where he specialized in corporate/commercial law, banking and financing and mergers and acquisitions, makes Kiriakos an important addition as TelePlus continues to expand."
Fox & Hound Restaurant Group
Fox & Hound Restaurant Group Announces Determination of Superior Proposal
WICHITA, Kan., Dec. 20, 2005 (PRIMEZONE) -- Fox & Hound Restaurant Group (Nasdaq:FOXX) announced that, in accordance with the terms and conditions of that certain Letter of Intent dated October 4, 2005, between the Company and Levine Leichtman Capital Partners (the "LLCP Letter of Intent"), the Company's Board of Directors has determined that the previously announced offer of affiliates of Newcastle Partners, LP and Steel Partners II, LP to enter into a negotiated tender offer/merger for $14.50 per share in cash is a superior offer to the existing $14.00 per share offer of Levine Leichtman Capital Partners.
Delta Air Lines, Inc.
Delta Customers Can Take a European Escape and Earn Double Miles
ATLANTA, Dec. 20, 2005 (PRIMEZONE) -- Delta Air Lines is giving SkyMiles(r) customers a lasting holiday gift by making it twice as nice to see Europe now until spring 2006. Through March 31, 2006, SkyMiles members can earn double miles on flights between Cincinnati (CVG) and five of Europe's top destinations: London (LGW), Paris (CDG), Rome (FCO), Amsterdam (AMS) and Frankfurt (FRA).
Aaron Rents, Inc.
Photo Release -- Aaron's Announces Successful 50th Anniversary Celebration
ATLANTA, Dec. 20, 2005 (PRIMEZONE) -- Aaron Rents, Inc. (NYSE:RNT), the nation's leader in the rental, sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics, home appliances and accessories, today announced the completion of its year-long 50th Anniversary Celebration and the culmination of the 50th Anniversary "Drive Away in our '55 Chevy" Sweepstakes.