Imax buys high-tech projector maker

Article Abstract:

Motion picture projector manufacturer Digital Projection International (DPI) has been acquired by Imax Corp. Industry sources estimated Digital's purchase price to be between $25 million and $30 million. DPI, which has divisions in Manchester, England and Kennesaw, GA, will become a subsidiary of Imax. Imax decided to acquire DPI after DPI received an unsolicited acquisition bid from another firm.

Photographic and Photocopying Equipment Manufacturing, Asset sales & divestitures, Acquisitions & mergers, Audio and Video Equipment Manufacturing, Theater TV Equip, Projection Screens, Theater video equipment, Digital Projection International

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Yukos at brink after missing tax deadline

Article Abstract:

OAO Yukos, the Russian oil giant missed a deadline for paying a multibillion-dollar tax bill that put the Moscow state in a position to seize the company's assets. Many of the Canadian business in Russia were not affected by the turmoil surrounding Yukos.

Organizational history, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Russia, Petroleum refining, Petroleum industry, Company restructuring/company reorganization, Reorganization and restructuring, Bankruptcy, Company organization, OAO NK Yukos, Company bankruptcy

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