latest news releases from the newsroom
Susquehanna Media Co.
Susquehanna Media Co. Announces Cash Tender Offer and Consent Solicitation for Its Outstanding 7-3/8 Percent Senior Subordinated Notes due 2013
YORK, Pa., Jan. 18, 2006 (PRIMEZONE) -- Susquehanna Media Co. ("Media") announced today that it commenced a tender offer (the "Tender Offer") for cash to purchase any and all of the $150 million outstanding principal amount of its 7-3/8% Senior Subordinated Notes due 2013 (the "Notes"). In connection with the Tender Offer, Media is soliciting consents (the "Consent Solicitation") to effect certain proposed amendments to the indenture governing the Notes. The Tender Offer and Consent Solicitation are being made pursuant to an Offer to Purchase and Consent Solicitation Statement dated January 18, 2006, and a related Consent and Letter of Transmittal, which more fully set forth the terms and conditions of the Tender Offer and Consent Solicitation.
Industrial Enterprises of America, Inc.
Industrial Enterprises of America to Acquire Pitt Penn
NEW YORK, Jan. 18, 2006 (PRIMEZONE) -- Industrial Enterprises of America, Inc. (OTCBB:ILNP) announced today that the Company has signed a definitive purchase agreement to acquire Pitt Penn, a supplier of automotive and chemical products based outside of Pittsburgh, Pennsylvania. Following the acquisition, which is anticipated to close by February 10, 2006, Pitt Penn Oil Co., LLC will operate as a wholly owned subsidiary of Industrial Enterprises of America.
Unique Human and Natural Codes -- New Book Unveils the Human and Natural Codes
ATHENS, Greece, Jan. 18, 2006 (PRIMEZONE) -- Humans may never unveil the entire story of the Universe and Life; however, combining all our recent knowledge, we may draw close theories that can see them clearer. MyPath To Mattenergy is a new book which uncovers new, unique Codes that interpret clearer the Natural and the Human Worlds. We can read both as a book.
Entourage Mining Ltd.
Correction: WallStreet Research Initiates Coverage of Entourage Mining's Shares
VANCOUVER, British Columbia, Jan. 18, 2006 (PRIMEZONE) -- Entourage Mining Ltd (OTCBB:ETGMF) ("Entourage" or the "Company") wishes to correct a mistake in its news release of January 18th, 2006 in the biographical sketch of Mr. Saman Kiri as provided by Wall Street Research. The release should have stated that Mr. Kiri is a member of the Chartered Institute of Management Accountants (UK) and a member of the CFA Institute US. Mr. Kiri is not a member of the Canadian Institute of Chartered Accountants as reported.
Cubic Energy, Inc.
Cubic Energy, Inc. to Exhibit at the NAPE 2006 Expo
DALLAS, Jan. 18, 2006 (PRIMEZONE) -- Cubic Energy, Inc. (OTCBB:QBIK) announced that the company's Chief Executive Officer and President, Calvin A. Wallen III, Chief Financial Officer, James L. Busby, Senior V.P. of Exploration and Production, Richard Sepulvado, Secretary, Jon S. Ross and Investor Relations Coordinator, Tate Wallen, will be exhibiting Cubic Energy, Inc. at NAPE 2006 at the George Brown Convention Center in Houston, Texas, on Thursday, February 2 and Friday, February 3.
SeaDrill Limited -- Extension of Smedvig Offer Period
HAMILTON, Norway, Jan. 18, 2006 (PRIMEZONE) -- As it remains unclear whether SeaDrill Limited ("SeaDrill") (Other OTC:SDRLF) (Oslo:SDRL) will receive more than 50% of the SME shares (class A shares) by 18.00 CET today, SeaDrill has decided to extend the offer period to Friday 20 January, 2006, 16:30 CET, as described in the offer letter and notice to Oslo Bors dated 10 January, 2006. SeaDrill retains the right to withdraw the offer at any time as further described in the above mentioned offer letter and notice.
Ossur Acquires the U.S. Orthopaedics Company
REYKJAVIK, Iceland, Jan. 18, 2006 (PRIMEZONE) -- Ossur hf. (ICEX:OSSR) a global orthopaedics company best known for its leadership in the prosthetics industry, but rapidly becoming a major player in the orthopaedics market, today announced that it has acquired Innovation Sports, Inc., a U.S.-based developer and manufacturer of ligament braces, for USD 38.4 million. Effective immediately, Ossur will begin executing the planned integration.