| Lasko and Controlled Companies Bidding to Take Over Delo
Beverage group Pivovarna Lasko, along with controlled companies Radenska and Talis, on Monday, 2 April published a bid to acquire all of newspaper publisher Delo at EUR 135.50 per share. Given that the companies already hold just over 44% of Delo, the purchase of the remaining share would cost a total of EUR 50.5m.
The bid, which is open until 3 May, is made out for all 372,726 Delo shares which are not yet owned by the bidders, according to the offer posted on the Ljubljana Stock Exchange.
The three companies have agreed that all of the shares acquired will go to Pivovarna Lasko, which will also fund the acquisition. However, the companies leave it open for the target shares to be transferred to other affiliated companies in the future.
According to the bidders, the acquisition is aimed at consolidating the target company.
Sisters take pride in helping others
NEWARK -- With loving hearts and a caring nature, three local sisters have formed a nonprofit organization to help people in need. These women -- Bobbi Cooper and Penny Billman, of Fallsburg, and Robin Wilson, of Wilkins Corner -- have organized more than 100 fundraisers throughout the years and oftentimes don't have a spare weekend to themselves. .
Diaries of a Madwoman -- Stolen?
New allegations of cheating and thievery in the Anna Nicole saga. Lin Wood, the high-powered bull-dog attorney of Howard K. Stern has sent a notice to Heritage Auctions, Inc. over two of Anna Nicole's diaries listed as available on the site. Wood claims that the diaries were stolen and that the company, and the auction sponsor, Clips4Sale.com, are not legally entitled to hawk the items. "Make no mistake: these items were stolen from Ms. Smith by one or more thieves," claims Wood's letter. "Ms. Smith's Estate intends to vigorously pursue the return of the diaries, will take whatever means necessary to secure their return, and will hold to account those persons and entities that have profited through their reprehensible acts at the expense of the Estate." TMZ spoke with Thomas Riccio, the man claiming to be the original owner of the diaries, who denies Wood's claims, saying that "the facts he mentions in the letter are FALSE -- these diaries are NOT stolen, (They were obtained BEFORE her death) -- he is just trying to steal more money in the name of Anna Nicole." The diaries are handwritten journals from 1992 and 1994, and both auctions start at a whopping $26,000.
Auction of land offered to YSR's son deferred
HYDERABAD: The Government deferred auction of 487 acres of land in Kadapa district, which was earlier offered to M/s Raghuram Cements by a Cabinet decision, as the latter was the only party to be present for the auction on Wednesday. The cement company has Chief Minister Y. S. Rajasekhara Reddy's son Y. S. Jaganmohan Reddy as its director. The five-member committee formed by the Government to conduct the open auction postponed the exercise to April 26 with the hope that others would participate in it. A. Raghottama Rao, Chief Commissioner, Land Administration, who headed the committee, said participation by others would ensure a better price. He said the committee had fixed Rs. 50,000 as upset price for the auction. Members of the committee were S. Bhale Rao, Special Commissioner, Land Administration, B.
Hancock Fabrics Retains Keen Realty to Auction One Hundred Twenty ...
GREAT NECK, N.Y.--(BUSINESS WIRE)--Hancock Fabrics, Inc. has retained Keen Realty, LLC under an order of the United States Bankruptcy Court, to market and assist with the disposition of two fee-owned retail properties and 121 of the company's retail leasehold interests located nationally. Hancock Fabrics operates retail fabric stores in 39 states across the country. The company filed for Chapter 11 protection on March 21, 2007 in the United States Bankruptcy Court for the District of Delaware. Keen Realty, LLC is a real estate consulting firm specializing in maximizing the value of its clients' real estate assets nationwide. "We are very excited to offer these leases and fee-properties for sale. The leases include favorable rental rates, and many of these stores are located in prime shopping centers throughout the country.
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