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December 1, 1993 | From Times Staff and Wire Reports
Time-Warner Stockholders' Lawsuit Revived: A federal appeals court in New York reinstated a shareholder lawsuit over Time Warner Inc.'s method of reducing the $10-billion debt it assumed when Time Inc. and Warner Communications Inc. merged in 1989. A lower court had dismissed the suit as baseless in June, 1992.
February 9, 2007 | From the Associated Press
The jockeying to bring the most popular names from TV and the Web to cellphones produced another exclusive deal Thursday with Verizon Wireless nabbing a multiyear agreement to offer ESPN's flashy feed of sports scores, newscasts and video highlights on the tiny screen. The plan to revive Mobile ESPN -- initially born as a full-blown cellphone company that would compete with big players such as Verizon before Burbank-based Walt Disney Co.
August 13, 1999 | Leslie Earnest
Stater Bros. Inc., which is nearly doubling its presence in Orange County by acquiring 14 Albertson's and Lucky supermarkets, will reopen three of them Saturday. They will be the first to reopen in Orange County under the Stater Bros. name since the Colton-based chain announced the deal in June. The stores were put on the block when Albertson's Inc. sought to gain regulatory approval to acquire Lucky's parent, American Stores Co., in a $9.8-billion deal.
Linda Kelly earns plenty of frequent-flier mileage traveling to corporate auctions where she bids on such industrial-strength used equipment as Class 100 clean rooms and nitrogen belt furnaces. But as the $100-billion business of disposing of excess corporate assets moves online, the Microsemi Corp. executive plans to spend more time in her Santa Ana office.
November 12, 2010 | By David Sarno, Los Angeles Times
Kathy DeGrego's T-shirt lets you know right away she isn't an old-school librarian. "Shhh," it says, "is a four-letter word. " That spirit of bookish defiance has guided the makeover of the suburban Denver library system where DeGrego works. Reference desks and study carrels have been replaced by rooms where kids can play Guitar Hero. Overdue book fines have been eliminated, and the arcane Dewey Decimal System has been scrapped in favor of bookstore-like sections organized by topic.
October 24, 2006 | Peter Y. Hong, Times Staff Writer
Pasadena businessman Ming Hsieh learned the value of education through some very tough lessons. As a child in China, he missed school for 10 years during the Cultural Revolution, when his family was sent to a remote village to work on a rice farm. His parents, both college graduates, improvised with scavenged textbooks, teaching Ming and his brother by candlelight in their one-room shanty.
May 10, 1988 | From Reuters
Mohasco Corp., a carpet and furniture maker, agreed on Monday to be taken over by MHS Holding Corp., an investment group, for about $489 million in cash and debt securities. Fairfax, Va.-based Mohasco had been up for sale since February, when Nortek Inc. announced it owned 7% of the company's 13.39 million shares and was considering an all-cash takeover offer. Analysts said Monday's offer of $36.50 a share from the newly formed MHS Holding Corp.
May 25, 2005 | From Associated Press
The hand-held computer company that made its name with the Palm Pilot said Tuesday that it was changing its name back to Palm Inc. PalmOne Inc. said it agreed to pay $30 million over 3 1/2 years to the software company it spun off in 2003, PalmSource Inc., for the latter's 55% share of Palm Trademark Holding Co. PalmOne said it expected to change its name to Palm Inc. this year. Shares of PalmOne rose $1.58 to $28.84. Shares of PalmSource rose $1.15 to $10.04. Both trade on Nasdaq.
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