Net breathes new life into old concept

Article Abstract:

Several Internet firms such as Niphix, Direct Stock Market, Virtual Wall Street and Fairshare are helping people to research direct public offerings' (DPOs) stocks. DPOs can allow individual investors to act like venture capitalists. There were 321 firms that filed for DPOs in 1998 compared to 273 in 1997. However, Tom Stewart-Gordon, who edits a DPO newsletter, said only a third of these companies will succeed in launching an offering.

On-Line Information Services, Videotex & Teletext

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Snapple company executives want to buy out the business

Article Abstract:

Two of Triarc's top executives have offered to acquire the company for approximately 525 million. Triarc is the owner of Snapple beverages, RC Cola, and the Arby's fast-food chain. Triarc's chairman and CEO Nelson Peltz and President Peter May agreed to pay $18 per share in cash and stock for the company. A committee was established to study the bid. The deal is contingent upon financing agreements and stockholder approval.

Comment:

Two of Triarc's top executives offer to acquire company for approximately 525 million

Diversified Companies, Triarc Companies Inc., Article

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Inventive artists sculpts in water

Article Abstract:

Wet Design of Los Angeles, CA, creates water fountains for different high-value clients around the globe. The company, which was formed by CEO Mark Fuller in 1983, has developed more than 100 major fountain projects, each costing from $300,000 to millions of dollars. Wet Design employs 105 workers and has reported a revenue of $16 million in 1998.

All Other Business Support Services, Business Services NEC, Business services, Wet Design

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