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Solution 6 Holdings Ltd

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December 16, 1999 | Bloomberg News
Australia's biggest accountancy software supplier, Solution 6 Holdings Ltd., said it has agreed to acquire Los Angeles-based Elite Information Group Inc. for $95.6 million to strengthen its position in providing legal practice management software in the North American market. Sydney-based Solution 6 said it will acquire Elite, a financial and practice management software company for law firms and professional services organizations, for $11 per share.
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BUSINESS
January 10, 2000 | From Bloomberg News
Telstra Corp., Australia's biggest telephone company, confirmed it plans to buy OzEmail Ltd. from MCI Worldcom Inc. for more than A$300 million, or $197 million, to double its Internet subscriber base. The Melbourne-based company said it has signed an agreement with MCI Worldcom to buy the OzEmail consumer Internet service provider business. OzEmail's brand will be retained and Telstra will purchase network services from MCI Worldcom's Internet unit.
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