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CALIFORNIA | LOCAL
April 11, 2000
* Michael O. Johnson has been promoted to president of Walt Disney International in Burbank, Walt Disney Co. said. All regional managers will report to him. Johnson had served as president of Walt Disney in Asia since 1999. * Don Stults has been promoted to chief operating officer at Iwerks Entertainment Inc. in Burbank. He will coordinate internal management for the company. Iwerks provides film-based high-tech entertainment installations for theme parks and other venues.
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BUSINESS
December 28, 1999 | From Bloomberg News
VDI MultiMedia, a Los Angeles-based film industry post-production company, on Monday agreed to be acquired by investment firm Bain Capital Inc. in Boston for about $200 million, including assumed debt. VDI's common shares would be converted into the right to receive $15 a share in cash. Some shares held by management employees who are staying with the firm and others would be converted into new common stock following the acquisition.
BUSINESS
September 26, 2000 | JOSH FRIEDMAN JOSH FRIEDMAN..BD: TIMES STAFF WRITER
Maybe this sounds familiar: A company decides to change its name to better reflect its new corporate focus or simply to give itself a snappier, more modern moniker that more investors will notice. Time to buy the stock--or sell? Investors who have stuck with such renamed stocks as Venator Group, Diageo and Aspeon in recent years can testify that a New-Age-sounding moniker doesn't necessarily translate into New-Age capital gains. In fact, it's often just the opposite.
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