One-stop shop expects results

Article Abstract:

Impact Telemarketing Group Inc. of Woodbury, NJ, expects an increase in second quarter revenues mainly due to the favorable performance of the one-stop-shop for direct marketers. The company joined Mail Box of Dallas, TX; NCMC of Baltimore, MD; Bomar of Atlanta, GA; and Mid-Continent of Rolling Meadows, IL, to establish Compass International of New York in an initial public offering financed roll-up in February. Compass provides the complete sales procedure of outsourced business services to both public and private end-users. The firm and its founding members provides teleservices, order fulfillment, direct mail, billings and accounts receivable management services.

Compass International Inc., Impact Telemarketing Group Inc.

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Analysts say SmarTalk still strong

Article Abstract:

Analysts states that SmarTalk TeleServices' core business of providing prepaid calling card products remains bouyant even as discrepancy on the firm's accounting projects lower earnings. In September 1998, the company announced a delay in 1997 and 1998 earnings reports because of questions a group of independent accountants raised on how the firm accounted for its $30 million in acquisitions completed in 1997 and the subsequent restructuring charge. The delay caused the firm's stock prices to fall 57%. Analysts, however, remain optimistic in the company's strength and expect the stock to at least double in the next 12 months.

Magnetic Cards, Magnetic and Optical Recording Media Manufacturing, SmarTalk TeleServices Inc.

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Share Group to acquire Great Lakes Communications

Article Abstract:

Share Group, a Somerville, MA-based teleservices provider for nonprofits, has acquired its major competitor, Great Lakes Communications, a Milwaukee-based national nonprofit direct marketing firm. The move will give Share access to alumni associations and traditional charities, which are included in the group's expansion plans. Great Lakes' client services and corporate operations, including the 30 employees from the firm's Boston office, will be integrated into Share's Somerville headquarters during the next several months.

Asset sales & divestitures, Acquisitions & mergers, Licensing/Sales Agreements, Great Lakes Communications, Share Group

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