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BUSINESS
December 7, 1999 | JAMES PELTZ and MICHAEL HILTZIK
Excite@Home (ATHM) Jim: This outfit was originally known as @Home, until it bought Internet portal site Excite not long ago. And now, Mike, Excite @Home is somewhat of an interesting animal out there in the Internet world. Mike: Yes, it's a camel. And thanks for that straight line. This is the quintessential company designed by a committee. Jim: Yikes! And I was going to be charitable and just call it a hybrid. Mike: First, though, let me make full disclosure.
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BUSINESS
June 25, 2003 | From Bloomberg News
Schlumberger, an oilfield services company that is shedding assets to cut debt, agreed on Tuesday to sell its San Jose-based NPTest semiconductor-testing unit to a group led by Francisco Partners and Shah Management for $220 million in cash. The deal came one day after plans to take NPTest public in an initial public stock offering were dropped due to "conditions in the securities markets."
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BUSINESS
June 24, 2003 | From Times Staff Reports and Reuters
The market for initial public stock offerings suffered another blow on Monday when San Jose-based NPTest Inc. withdrew its planned sale. But real estate company Maguire Properties Inc. of Los Angeles still is expected to price its stock offering after markets close today, according to sources familiar with the deal. NPTest, a unit of oilfield services firm Schlumberger Ltd., pulled its sale because of what it called "conditions in the securities markets."
BUSINESS
June 24, 2003 | From Times Staff Reports and Reuters
The market for initial public stock offerings suffered another blow on Monday when San Jose-based NPTest Inc. withdrew its planned sale. But real estate company Maguire Properties Inc. of Los Angeles still is expected to price its stock offering after markets close today, according to sources familiar with the deal. NPTest, a unit of oilfield services firm Schlumberger Ltd., pulled its sale because of what it called "conditions in the securities markets."
BUSINESS
June 25, 2003 | From Bloomberg News
Schlumberger, an oilfield services company that is shedding assets to cut debt, agreed on Tuesday to sell its San Jose-based NPTest semiconductor-testing unit to a group led by Francisco Partners and Shah Management for $220 million in cash. The deal came one day after plans to take NPTest public in an initial public stock offering were dropped due to "conditions in the securities markets."
BUSINESS
December 7, 1999 | JAMES PELTZ and MICHAEL HILTZIK
Excite@Home (ATHM) Jim: This outfit was originally known as @Home, until it bought Internet portal site Excite not long ago. And now, Mike, Excite @Home is somewhat of an interesting animal out there in the Internet world. Mike: Yes, it's a camel. And thanks for that straight line. This is the quintessential company designed by a committee. Jim: Yikes! And I was going to be charitable and just call it a hybrid. Mike: First, though, let me make full disclosure.
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