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BUSINESS
March 25, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Helionetics Inc., a maker of power and computer equipment, said Wednesday that it will acquire the energy-saving business of JWP Inc. and will fold it into a new, wholly owned subsidiary called AIM Energy Inc. Maxwell Malone, Helionetics' president, said that JWP, an energy and environmental systems company in Purchase, N.Y., is turning over its business in return for installation contracts that AIM Energy will finance.
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BUSINESS
March 25, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Helionetics Inc., a maker of power and computer equipment, said Wednesday that it will acquire the energy-saving business of JWP Inc. and will fold it into a new, wholly owned subsidiary called AIM Energy Inc. Maxwell Malone, Helionetics' president, said that JWP, an energy and environmental systems company in Purchase, N.Y., is turning over its business in return for installation contracts that AIM Energy will finance.
BUSINESS
August 7, 1991 | From Associated Press
ValCom Inc., an Omaha company that began selling computers to farmers and agricultural businesses, has merged with a Michigan company to form one of the nation's largest computer retailers, officials said Tuesday. Shareholders approved the merger of ValCom and Inacomp Computer Centers of Troy, Mich., in separate meetings Monday. The new company, InaCom Corp., will have annual revenues approaching $1 billion.
BUSINESS
July 25, 1991 | From Associated Press
A resurgent ComputerLand Corp. on Wednesday sought to buy troubled competitor Businessland Inc., making a stock-swap offer only days before the expiration of a stalled bid from JWP Inc. Businessland, after reviewing ComputerLand's proposal, said it would continue to urge holders of its stock and bonds to accept JWP's offer, which expires Friday.
BUSINESS
August 7, 1991 | From Associated Press
ValCom Inc., an Omaha company that began selling computers to farmers and agricultural businesses, has merged with a Michigan company to form one of the nation's largest computer retailers, officials said Tuesday. Shareholders approved the merger of ValCom and Inacomp Computer Centers of Troy, Mich., in separate meetings Monday. The new company, InaCom Corp., will have annual revenues approaching $1 billion.
BUSINESS
August 6, 1991 | From Reuters
JWP Inc., an engineering and consulting company, said Monday that it has completed its acquisition of troubled computer retailer Businessland Inc. JWP said it paid about $43 million in a tender offer for up to 17 million shares of Businessland common stock and for its outstanding convertible bonds. Businessland, once a high-flying chain of retail stores, had threatened to file for bankruptcy protection in recent months as its losses mounted. The San Jose, Calif.
BUSINESS
June 5, 1991 | JANE APPLEGATE, TIMES STAFF WRITER
Businessland Inc. was rescued from the brink of bankruptcy Tuesday when JWP Inc. announced plans to acquire the San Jose-based computer retailer in a deal worth about $52 million. JWP, a $3-billion engineering and consulting firm based in Purchase, N.Y., described the proposed acquisition as "an excellent strategic fit."
BUSINESS
June 5, 1991 | JANE APPLEGATE, TIMES STAFF WRITER
Businessland Inc. was rescued from the brink of bankruptcy Tuesday when JWP Inc. announced plans to acquire the San Jose-based computer retailer in a deal worth about $52 million. JWP, a $3-billion engineering and consulting firm based in Purchase, N.Y., described the proposed acquisition as "an excellent strategic fit."
BUSINESS
August 6, 1991 | From Reuters
JWP Inc., an engineering and consulting company, said Monday that it has completed its acquisition of troubled computer retailer Businessland Inc. JWP said it paid about $43 million in a tender offer for up to 17 million shares of Businessland common stock and for its outstanding convertible bonds. Businessland, once a high-flying chain of retail stores, had threatened to file for bankruptcy protection in recent months as its losses mounted. The San Jose, Calif.
BUSINESS
July 25, 1991 | From Associated Press
A resurgent ComputerLand Corp. on Wednesday sought to buy troubled competitor Businessland Inc., making a stock-swap offer only days before the expiration of a stalled bid from JWP Inc. Businessland, after reviewing ComputerLand's proposal, said it would continue to urge holders of its stock and bonds to accept JWP's offer, which expires Friday.
BUSINESS
June 5, 1991 | JANE APPLEGATE, TIMES STAFF WRITER
Businessland Inc. was rescued from the brink of bankruptcy Tuesday when JWP Inc. announced plans to acquire the San Jose-based computer retailer in a deal worth about $52 million. JWP, a $3-billion engineering and consulting firm based in Purchase, N.Y., described the proposed acquisition as "an excellent strategic fit."
BUSINESS
June 5, 1991 | JANE APPLEGATE, TIMES STAFF WRITER
Businessland Inc. was rescued from the brink of bankruptcy Tuesday when JWP Inc. announced plans to acquire the San Jose-based computer retailer in a deal worth about $52 million. JWP, a $3-billion engineering and consulting firm based in Purchase, N.Y., described the proposed acquisition as "an excellent strategic fit."
BUSINESS
January 5, 1994
Irvine's Helionetics Inc. said Tuesday that it has reached an agreement to purchase assets and assume liabilities of New York-based Kerby Saunders-Warkol Inc., doing business as JWP Mechanical Services, a subsidiary of JWP Inc. Financial terms of the transaction were not disclosed. JWP Mechanical Services maintains and repairs high-technology and energy-saving products. Helionetics makes power equipment and computer products for the health-care and defense industries.
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