latest news releases from the newsroom
Cinnabon Signs Agreement with Franchisee JRM Bakeries LLC
ATLANTA, July 1, 2002 (PRIMEZONE) -- Cinnabon(r), Inc. a subsidiary of AFC Enterprises, Inc. (Nasdaq:AFCE), today announced the completion of a deal with JRM Bakeries LLC to convert 47 company-operated bakeries in Seattle, Chicago, Ohio, Kentucky, Tennessee and Indiana markets to franchise ownership. JRM Bakeries also signed an agreement to open an additional 45 bakeries over the next five years.
Dresser, Inc. Announces a Voluntary Debt Repayment
DALLAS, July 1, 2002 (PRIMEZONE) -- Dresser, Inc. today announced that it has made a voluntary debt repayment in the amount of $30 million, which will be applied to its senior term loans A and B. The term loans are part of the financing package put together in April 2001 to allow the leveraged recapitalization and purchase of Dresser from Halliburton Company by First Reserve Corporation, Odyssey Investment Partners LLC, and certain members of management.
National Capital Securities Inc.
REPEAT: National Capital Securities, Inc. Issues a Speculative Buy Recommendation on Hyperbaric Systems, Inc.
SANTA ANA, Calif., July 1, 2002 (PRIMEZONE) -- National Capital Securities, Inc. (formerly known as Donner Corp. International), a subsidiary of National Capital Companies, Inc. (Pink Sheets:NATC), announced today that it released its Speculative Buy Recommendation on HyperBaric Systems, Inc. (OTCBB:HYRB).