latest news releases from the newsroom
Education Realty Trust, Inc.
Education Realty Trust Awarded Third Party Development Contract
MEMPHIS, Tenn., Oct. 31, 2008 (GLOBE NEWSWIRE) -- Education Realty Trust, Inc. (NYSE:EDR), a nationwide leader in the ownership, development and management of student housing, today announced that its third-party development services subsidiary, Allen & O'Hara Development Company, LLC. ("AODC"), has been selected as the development team to partner with East Stroudsburg University of Pennsylvania in the creation of a new student housing community. The $38.8 million on-campus facility will consist of a 626 bed residence-hall and a 256 bed upper class apartment complex. The residence hall will contain suites with single and double rooms, classroom space and study rooms, while the apartments will include private bedrooms, living rooms and full kitchens. The project may be multi-phased, but the initial phase will generate approximately $1.6 million in fee revenue.
Ticketmaster Entertainment, Inc.
Ticketmaster Entertainment, Inc. Announces Completion of Transaction to Acquire Controlling Interest in Front Line Management
WEST HOLLYWOOD, Calif., Oct. 31, 2008 (GLOBE NEWSWIRE) -- Ticketmaster Entertainment, Inc. (Nasdaq:TKTM), a leading diversified live entertainment ticketing and marketing company, today announced the completion of the previously announced transaction to acquire a controlling equity interest in Front Line Management Group, Inc., for $123 million in cash. In connection with the transaction, the company changed its name from Ticketmaster to Ticketmaster Entertainment, Inc. Ticketmaster Entertainment consists of both Ticketmaster, the world's leading live entertainment ticketing and marketing company, and Front Line, the world's leading artist management company, and is uniquely positioned to transform the music and live entertainment industries by strengthening the artist-to-fan experience. Irving Azoff, founder and chief executive officer of Front Line, has assumed the post of chief executive officer of Ticketmaster Entertainment. Additionally, Ticketmaster Entertainment appointees include: Sean Moriarty, president of Ticketmaster Entertainment, Inc. and chief executive officer of Ticketmaster; Terry Barnes, chairman of Ticketmaster; Eric Korman, president of Ticketmaster; and Howard Kaufman, special advisor to Mr. Azoff.
Port of Houston Authority
4th Annual Houston Port Region Coffee Symposium Features Latin America
HOUSTON, Oct. 31, 2008 (GLOBE NEWSWIRE) -- The 4th Annual Houston Port Region Coffee Symposium will be returning to the Hilton Americas-Houston Hotel, located at 1600 Lamar Street on Monday, November 17 and Tuesday, November 18. Themed "Houston Port Region: Coffee Gateway to Latin America!" and sponsored by the Port of Houston Authority, the Greater Houston Coffee Association and the Economic Alliance Port Region, the symposium delivers a stellar lineup of national and international coffee industry experts. Speakers and panelists include veteran planters, producers and distributors, who will share their insight on the region's vast business startup opportunities and trends taking shape as coffee is traded from Houston to Latin America.
EMS Technologies, Inc.
EMS Technologies Celebrates 40th Anniversary
ATLANTA, Oct. 31, 2008 (GLOBE NEWSWIRE) -- Forty years ago tomorrow, EMS Technologies, Inc. (Nasdaq:ELMG) opened its doors as a technology engineering company in Norcross, Georgia. Today, the Company culminated its month-long 40th anniversary observances in a special meeting with EMS Technologies staff. Anniversary festivities kicked off earlier this month with a groundbreaking ceremony for EMS's Defense and Space Systems' 30,000 square-foot building expansion.