latest news releases from the newsroom
Law Offices Bernard M. Gross, P.C.
NUI Corporation Sued in Securities Fraud Class Action by Law Offices Bernard M. Gross, P.C. -- NUI
PHILADELPHIA, Nov. 5, 2002 (PRIMEZONE) -- Previously, notice was given that a class action lawsuit was filed on October 28, 2002, in the United States District Court for the District of New Jersey, on behalf of all persons and entities who purchased or otherwise acquired the common stock of NUI Corporation (NYSE:NUI) ("NUI" or the "Company"), between November 8, 2001 and October 17, 2002, inclusive (the "Class Period"). The action is pending in the United States District Court, District of New Jersey, located at United States Courthouse, 50 Walnut St., Newark, NJ 07101, against defendants NUI Corporation and John Kean, Jr.
Bookham Technology Plc
Bookham Technology plc: Extraordinary General Meeting
OXFORDSHIRE, U.K., Nov. 5, 2002 (PRIMEZONE) -- Bookham Technology plc (LSE:BHM) (Nasdaq:BKHM) ("Bookham"), a leading provider of integrated optical components and subsystems for the fibre optic communication networks, announced that at the Extraordinary General Meeting of Bookham held earlier today, shareholders passed all resolutions necessary to approve the acquisition of the Optical Transmitter and Receiver and Optical Amplifier Businesses of Nortel Networks Corporation ("Nortel") (the "Acquisition"), as detailed in the circular to shareholders dated 7 October 2002 (the "Circular").
TDC Signs Agreement to Potentially Divest its Stake in UMC
COPENHAGEN, Denmark, Nov. 5, 2002 (PRIMEZONE) -- Today TDC (NYSE:TLD), through TDC Mobile International, has signed an agreement whereby TDC has an option to divest its 16.3% stake in UMC (Ukrainian Mobile Communications). The UMC shares can be sold to MTS (Mobile Tele System), a Moscow-based mobile operator, through a put and call option agreement; allowing TDC to sell its shares for a price determined by the financial performance of UMC subject to a minimum price of USD 55m (DKK 414m). The put option can be exercised from 9 months until two years after signing.
Telia's Extraordinary General Meeting: Comments by Minister Leif Pagrotsky
STOCKHOLM, Sweden, Nov. 5, 2002 (PRIMEZONE) -- Telia (Other OTC:TLAAF): Minister Leif Pagrotsky commented on the decision made at Telia's Extraordinary General Meeting yesterday, "The Swedish government has been discussing for some time with the Finnish government the nomination committee's proposal to elect Anders Igel as a member of TeliaSonera's Board of Directors. In order to take into consideration the Finnish government's earlier views about the nomination, the Swedish government requested the nomination committee at the Extraordinary General Meeting yesterday to replace Anders Igel on the board already at the ordinary Annual General Meeting early next spring.