latest news releases from the newsroom
Lundbergs Issues Call Options to Holmen Management
STOCKHOLM, Sweden, Sept. 10, 2002 (PRIMEZONE) -- L E Lundbergforetagen AB has issued, through its wholly owned subsidiary L E Lundberg Kapitalforvaltning AB, a total of 256,000 options to acquire Series "B" shares in Holmen. The options have been purchased by 40 members of the senior Holmen Group management for cash at the market price. The purpose of the offer is to further strengthen the sense of involvement in and commitment to Holmen. The offer is intended to replace a similar options programme that runs from 1998 to 2003.
Sandvik Makes Offer for Shares Outstanding in Walter
STOCKHOLM, Sweden, Sept. 10, 2002 (PRIMEZONE) -- Sandvik has decided to make a public offer to the other shareholders in German Walter AG to acquire all the outstanding shares in the company at a price of EUR 32.50 (SEK 302) per share. The total value of the offer is up to EUR 29.3 M (SEK 272 M). The offer is conditional upon Sandvik's ownership interest exceeding 95 percent.
Hauser Executes Amendment to Credit Facility
LONG BEACH, Calif./LONGMONT, Colo., Sept. 9, 2002 (PRIMEZONE) -- Hauser Inc. (OTCBB:HAUS) today announced that it has executed an amendment to the existing credit facility with its bank. The amendment extends the maturity date of the company's revolving credit facility to October 31, 2002. As a result of the amendment, Hauser is in compliance with all provisions of the credit facility. The company said it is working to obtain a new line of credit, though there can be no assurance that it will be successful.
Spector Roseman Kodroff & Willis, P.C.
Spector, Roseman & Kodroff, P.C. Announces Class Action Suit Against HPL Technologies, Inc. -- HPLAE
PHILADELPHIA, Sept. 9, 2002 (PRIMEZONE) -- The law firm of Spector, Roseman & Kodroff, P.C. announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of the stock HPL Technologies, Inc. ("HPL") (Nasdaq:HPLAE) securities during the period from July 31, 2001 through July 16, 2002 (the "Class Period").
Berger & Montague PC
Berger & Montague, P.C. Sues Eclipsys Corporation and Certain of its Officers on Behalf of Purchasers of Common Stock Between July 23, 2001 And June 27, 2002 -- ECLP
PHILADELPHIA, Sept. 9, 2002 (PRIMEZONE) -- On July 26, 2002, the law firm of Berger & Montague, P.C. (http://www.bergermontague.com) filed a class action suit against Eclipsys Corporation, ("Eclipsys") (NASDAQ:ECLP) and its Chief Executive Officer, who is also a director, its Chief Financial Officer and its Chief Operating Officer in the United States District Court for the Southern District of Florida, Civil Action No. 02-80697 on behalf of all persons or entities who purchased Eclipsys common stock between July 23, 2001 and June 27, 2002, inclusive (the "Class Period").