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BUSINESS
July 27, 1999 | RYAN CORMIER, TIMES STAFF WRITER
K2 Inc.'s plan to purchase snowboard maker Ride Inc. for $14.3 million would help solidify the Los Angeles-based company as a leading manufacturer of snowboards, expanding its market share as the sport's popularity continues to grow. The deal for Preston, Wash.-based Ride, which includes $5 million in long-term debt, follows K2's acquisition in March of Morrow Snowboards Inc. for an undisclosed amount.
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BUSINESS
July 27, 1999 | RYAN CORMIER, TIMES STAFF WRITER
K2 Inc.'s plan to purchase snowboard maker Ride Inc. for $14.3 million would help solidify the Los Angeles-based company as a leading manufacturer of snowboards, expanding its market share as the sport's popularity continues to grow. The deal for Preston, Wash.-based Ride, which includes $5 million in long-term debt, follows K2's acquisition in March of Morrow Snowboards Inc. for an undisclosed amount.
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BUSINESS
October 1, 1996
Cinema Ride Inc., a Studio City maker of 3-D theme park attractions, said it has opened a new $3-million 3-D theater and motion simulation theme park in Times Square in New York City. Cinema Ride is both the developer and the operator. The Times Square development is the third such attraction Cinema Ride has built. Two others, in Las Vegas and west Edmonton in Alberta, Canada, have opened in the last two years, chief financial officer Toufic Bassil said.
BUSINESS
October 1, 1996
Cinema Ride Inc., a Studio City maker of 3-D theme park attractions, said it has opened a new $3-million 3-D theater and motion simulation theme park in Times Square in New York City. Cinema Ride is both the developer and the operator. The Times Square development is the third such attraction Cinema Ride has built. Two others, in Las Vegas and west Edmonton in Alberta, Canada, have opened in the last two years, chief financial officer Toufic Bassil said.
NEWS
April 22, 2000 | RICHARD E. MEYER, Times Staff Writer
About This Saturday Journal A year after the Columbine school massacre, Americans still wonder how and why such tragedies occur. Seeking answers, The Times examines the lives of the Rouses, whose son committed one of the first school shootings -- a 1995 attack in Lynnville, Tenn. * About This Story This story is drawn from interviews over the past 18 months and from court documents and other records. The interviews include 30 hours of discussions with Jamie Rouse over two weeks in prison.
CALIFORNIA | LOCAL
November 16, 1999
Cinema Ride Inc., Studio City, said it has leased 3,000 square feet of space for a new theater attraction in Jersey Gardens Mall, Elizabeth, N.J. Funding for the project was provided by Cinema Ride's CEO Mitch Francis. The company develops, owns and operates motion simulation theater attractions in the United States and Canada.
BUSINESS
January 21, 1997
Cinema Ride Inc., a Studio City maker of theater attractions, said it has signed an agreement with Finova Technology Finance Inc. in which Finova will provide gross proceeds of $1.57 million in equipment-lease financing to Cinema Ride. Cinema Ride also raised $500,000 by converting debt to equity. The new financing will help Cinema Ride develop motion-simulator rides.
BUSINESS
June 28, 1994
Cinema Ride Inc., a Studio City-based maker of rides that feature short action films on video, said it has filed an application with the Securities and Exchange Commission for a shelf offering to raise up to $6.4 million through the sale of 1.2 million shares of common stock and 1.7 million redeemable warrants. Proceeds from the offering will be used to repay equipment lease obligations and to develop new attractions. New York-based A.S. Goldmen & Co. Inc. is the underwriter.
NEWS
February 7, 1991
Complaints from elderly and handicapped residents persuaded the city and its Dial-A-Ride contractor to change some rules that restricted travel. Riders will now be dropped off in county pockets within city limits and will be allowed to go to the Social Security office and Cortez Park Senior Center, both in West Covina. The council unanimously approved the changes on Tuesday, six months after hiring Medi-Ride Inc.
CALIFORNIA | LOCAL
May 8, 1996 | KATE FOLMAR
Assemblyman Richard Katz (D-Sylmar), will host his 13th and final Valley Small Business Awards Breakfast on Friday at the Airtel Plaza hotel. The award winners are chosen by area chambers of commerce. The state Assembly's Democratic leader sponsors the ceremony with the National Assn. of Women Business Owners, Kaiser-Permanente, Medi-Ride Inc. and Pacific Bell. A small-business owner himself, Katz said: "It's important to recognize the men and women who run small businesses in the Valley.
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