Investors to buy maker of circuits

Article Abstract:

Integrated Circuit Systems Inc. (ICS) announced that its board of directors has approved the sale of the company for $264 million. ICS will be acquired by a private investment group. ICS also said that it is selling $16 million worth of intellectual property and hardware to 3Com Corp. The private investment group consists of some unnamed ICS executives, and affiliates of Bear, Stearns & Co., and Bain Capital Inc.

Comment:

Board approves sale of company for $264 million to private investor group

Author: Holcomb, Henry J.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
Semiconductor Devices, Semiconductor and Related Device Manufacturing, Asset sales & divestitures, Abstract, Integrated Circuit Systems Inc., ICST

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Tax breaks for two projects advance

Article Abstract:

The City Council took key steps in June 2004 towards granting tax breaks for a new Comcast Corp. skyscraper and building a new home for the Philadelphia Regional Produce Terminal. The 60-story Comcast tower could be under construction if the tax breaks receive final Council approval, and similar legislation passes in the General Assembly in June 2004.

Author: Holcomb, Henry J.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Cable Television Systems, Cable Networks, Cable and other pay TV services, Taxes, Taxation, Cable television broadcasting industry, Comcast Corp., CMCSA

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Subjects list: Pennsylvania
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