CMGI to acquire Flycast in a deal set at $689 million

Article Abstract:

CMGI Inc. announced that it has reached an agreement to acquire Flycast Communications Corp. in a deal worth approximately $689 million (647.7 million euros). The deal would be an exchange of shares. CMGI is expecting to conclude the deal by January 2000. CMGI is a provider of direct marketing services. For every share of Flycast, CMGI will offer 0.4738 shares. Flycast is a Web-based direct advertising firm based in San Francisco.

Direct Marketing Services, Direct Mail Advertising, Direct marketing, Marketing industry, CMGI Inc., FlyCast Communications Corp.

---

Accounting firm boosts fund business

Article Abstract:

PricewaterhouseCoopers LLP announced that it has acquired McGladrey & Pullen LLP's mutual fund accounting, tax, and consulting operations. The deal will strengthen Pricewaterhouse's mutual fund business. The terms of the deal were not made available. Twenty-five McGladrey & Pullen professionals will be incorporated by Pricewaterhouse. This includes four partners.

Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Accounting firms, Accounting services, PricewaterhouseCoopers L.L.P. (New York, New York), McGladrey & Pullen L.L.P.

---

Carpet maker Mohawk agrees to buy large U.S. tile firm

Article Abstract:

Mohawk Industries Inc. has reached a deal to acquire Dal-Tile International Inc. in a deal worth $1.39 billion. Dal-Tile is the second-largest ceramic tile supplier in the United States.

Carpets & Rugs, Carpet and Rug Mills, Ceramic wall and floor tile, Ceramic Wall & Floor Tile, Ceramic Wall and Floor Tile Manufacturing, Mowhawk Industries Inc., MHK, Rugs and carpets, Tiles, Rug and carpet industry, Dal-Tile International Inc., DTL, Ceramic industry

Similar abstracts:

• Abstracts: Chery assembly deal makes Chrysler a model in exporting from China. Could Czech smokers help balance budget?
• Abstracts: Dome celebrated in revamp for Rethinking Construction. 'Invisible' ARB to boost its profile
• Abstracts: Limit pricing when incumbents have conflicting interests. Fashion and sales
• Abstracts: Small funds face closure. Opportunity in Asian bonds: unit of Manulife Financial is launching fund. Investors' rude awakening
• Abstracts: Hungry for a place at global economic table, India sees farming for export as peach of an idea. Yunnan dreams of blossoming as Asia's flower hub

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.