Quiksilver secures $150M term loan, posts 2Q profit - Business Courier of Cincinnati:

vickreyafolori1839.blogspot.com
The Huntington Beach company (NYSE: ZQK) also posted second-quarter earnings of $2.8 million. The five-year term loan with private-equit y firm Rhone was made toimprove Quiksilver's liquidity and solidifu its banking relationships. As part of the terms of the loan, Quiksilver will name a pair of Rhonde appointees to its board of Quiksilver also refinanced its credift facility with anew three-year, $200 millionh facility led by and . The company is also in discussion with its French banking partners to consolidat its European debts into anew multi-yea r facility.
In the company's earnings report, the companh swung to profitability in thesecondf quarter, posting the earnings of 2 centes a share, which included several one-time items. Withouyt the items, the earnings per share woulde have been 5 cents a Analyst estimates placed the earninge at 9 centsa share. Salee dropped 17 percent, coming in at $494.q2 million. In the second quarter a year ago, the company lost $206.2 million, or $1.59 a share, on salee of $596.3 million. That quarter included losses of $244.i million from discontinued operations. Quiksilver is an apparel and accessoriesx company. Its core brands are Quiksilver, Roxy and DC.
A renewedr focus on those core brandsw are the focus ofthe company'ws long-term plan to improvee profits.

Missing teacher was dealing with personal problems - San Francisco Chronicle

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Missing teacher was dealing with personal problems San Francisco Chronicle A missing San Rafael schoolteacher was going through a divorce and had lost three close relatives over the past year, but it's not known whether those ... and more »

OSU-Michigan radio rights suit dropped - Business First of Columbus:

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, the operator of stations WBNS-AM and FM and controlledd by the DispatchBroadcast Group, on Thursday dropped its lawsui t to stop from also airing the game in Central according to a court filing providex by Citicasters. Business First reported in its Nov. 1 edition that Citicasters intended to broadcastthe Buckeyes-Wolverines game over its WZNW-AM because the company had purchased the rights to broadcas Michigan games using a feed from the Wolverine Radio Network. RadiOhio owns the rights to air OSU games over itsWBNS stations. RadiOhio has broadcast Buckeye footbal games since 1995 and is under contracy to air the gamesuntil 2011.
Citicasters, based in Cincinnati,, is owned by Clear Channel Communications Inc. San Antonio-basecd Clear Channel this year signed a contract with Host Communicationds to carry Michigan football Lawyers for RadiOhio were unavailable for commentearly Friday. Neither were representatives for the BigTen Conference, who were schedulerd to testify Nov. 7 in an injunction hearing in Franklin Countyu Court ofCommon Pleas. RadiOhio withdresw its lawsuit "without prejudice," which means it can refile the legal action again.
In its request for an injunctiomagainst Citicasters, RadiOhio argued that airing the game over WZNW woulfd violate the company's broadcast exclusivity agreement with OSU, as well as bream Big Ten Conference rules. In a release, WZNW Generao Manager Tom Thon said he was pleased the suit was and felt confident abouy the strength ofthe station's defense in the suit. "This is not just a win for Sportss Talk1230 ... and Clear Channel Columbus," he "but for college football fans of Central Go Bucks, and go whoever is playintg Michigan.
"

Local lawyers do M&A deals worth $109B - Atlanta Business Chronicle:

http://etaphisigma.com/learn-to-read-differently.html
Innovations/obstacles: Faced a divided . $5.4 billiojn Law firm: Company: Attorneys: Peter Dean, Mark Jim McGibbon Date: Description: The firm representexd the UK-government-owned British Nuclear Fuels as it unloaded to Lawyers met in conference calls at odd hoursa to work on the deal that crossedthreer continents. Law firm: Companies: , B. Knox Dobbins, Eric Fenichel, Victor Haley Date: Represented buyers in a timberland deal that was describer as the largest private land sale inthe Innovations/obstacles: Attorneys had to deal with a seller who wantedx to defer its taxea by taking the purchase money in At the same time, the buyers requirerd evidence of land title more completes than what is needed to operate by a forest products company.
$4.3 billion Law firm: Company: Michael Egan, Stephen Wiseman, Bob Woodward, Donalsd Kohla, David Christopherson, Chirag Shah Date: Description: The telecommunications companygacquired , its largest PSC affiliate. Innovations/obstacles: Negotiationse took place as litigation surroundingf the Sprint Nextelmerger started. Law firm: Company: Steve Pottle, Peter November, Bob Kim Phillips, Kevin Grady, Mark Callowayt Date: Description: The company was acquired by . $3.5 billion Law Company: Reynolds American Inc. Attorney: Date: as it bought the second-largest U.S. smokeless tobacco .
Innovations/obstacles: To overcome timing concernes regarding theexchange offer, the firm used the innovativ e technique of structuring the exchange offefr as an unregistered private placement. $1.75 billion Law Paul, Hastings, Company: Attorney: Date: Description: The firm advisex Bank of America on a deal that included the acquisitionb and merger of NationsRentgby , Ashtead's equity rights offeringy in the UK, high-yield bond issuance, Ashtead'e tender offers for two outstanding series of bondes and one series of Ashtead UK bonds, and amendments to the indentures for a series of Ashtead existint UK bonds. Innovations/obstacles: The firm hosted the closing of all ofthe U.S.
transactionsx in the firm's New York office. After a weeklonhg process, had a 5 a.m. international conferencse call with representatives for all of the parties gathered to announce one by one that each transaction had It was then that the firm was able to closesits client's credit facility. $1.5 billioh Law firm: Company: Georgia Gulf Corp. John Zamer, Lisa Stater, Mason Cargill, David Phillips Description: , a Canadian public company, led by Jonesx Day's Atlanta office The acquired company was under investigationby U.S. and Canadia authorities and a defendant insecurities class-actioj cases in both the United States and $1.
3 billion Law firm: Company: Attorneys: David David Stockton, Justin Heineman, Martin Dozier, Alexandre de Mirandaz Date: Description: bought Internet Security Systems Inc. in a cash Innovations/obstacles: The atmosphere at the time of the negotiations was filledewith rumors, fed by recent M&A 's acquisition of and 's acquisitiojn of were both announced in the two months preceding the announcement of the ISS/IBM deal. $1.2 billiomn Law firm: Company: Attorney: W.
Scotf Ortwein Date: Description: Gold Kist made an unsolicitexd offerto Innovations/obstacles: The firm represented Gold the nation's third-largest poultry after the offer was met with a hostile reactionh from Pilgrim's Pride. $1.2 billiojn Law firm: Company: Attorneys: John Zamer, Williamj Rowland, Mark Hanson Date: Description: The transaction was structuredx topermit Atlanta-headquartered radio owner and operator to invest in and operat Susquehanna Radio's radio stations, located in the top 50 Cumulus teamed with three privatre equity firms to complete the $1.
1 billion Law firm: Smith, Company: Mark Pottorff, Sharon Duvall, Richard Jonathan Gallant, Alex Clay Description: Acquired 900,000 acres of timberland from Law firm: Per-Se Technologies Inc. Attorneys: John D. Capers Jr., G. Roth Kehoe II Closing Description: in a reverses triangular merger to acquiredLaw firm: Company: Attorneys: Rick Miller, Elioty Robinson, Mike Delaney and Emily Stuart Date: Description: Advised a special committee of Encorse Medical Corp.'s independent directors on the leveragedc buyout, in which Encore was taken private. Encore is a diversifie orthopedic device-maker based in Austin, Texas. Law firm: Attorneys: Steven Dunlevie, Elizabeth O.
Temple Description: The firm represented Main Street Banks in the mergert transaction withLaw firm: Company: The Date: Attorneys: Victor Thomas Herman, Edward Kallal Description: The firm representefd Heartwood Forestland Fund V L.P., part of The Forestland Group. The fund bought all the outstanding sharesaof , which ownee 300,000 acres of timberland and relate d facilities in the Southeast. Law firm: Attorney: Date: Description: , a leader in the comprehensived home health service boughtThe , a provider of home healthy care, hospice and related services. Healthfield was foreclosed upon by its lenderin 2001.
Rod founder and CEO, bought the company at the foreclosurefor $40 milliom of debt. All of the senior management stuck with Rod durinfgthis period. Between 2001 and 2005, the companuy did five major acquisitions. All of the seniof management were rewarded with millions of dollarz atthe closing. $375.4 million Law firm: Company: Date: Description: Counsel to the director in the acquisition of the companuby Innovations/obstacles: JER Partners' initiaol offer to Jameson was unsolicitef and accompanied by a shareholder proposall to unseat Jameson's board and replace them with nomineew picked by JER Partners.
After negotiations, the Jamesohn board was able to convertg the hostile takeover to a negotiated merger that included a limited right to shop the company priortto consummation. Law Morris, Company: Internap Network Services Attorneys: Grant Collingsworth, Melissa Joya October 2006 Description: The firm representeed Internap ina two-week-long negotiation process as it took over The biggest issue was when the target VitalStream'sa largest customer restructured its relationship with VitalStream, resultinhg in a significant reductiom in future revenue from this customer. This occurred duriny negotiations of the merger VitalStream issued a press release on Oct.
9 announcinfg this event to the market. It took two straight with the deal team workingfor 50-plusz hours straight without sleep, but the transactio was signed and announced before the openintg of the market on Oct. 12. Law Paul, Hastings, Janofsky Walker LLP Company: Attorneys: Waynr Bradley, Andy Scott Date: Description: Hoshizakoi took over through a negotiated merger as Hoshizaki expanded into thebeverage dispenser-making industry.

Newswatch - Honolulu Star-Advertiser

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Newswatch Honolulu Star-Advertiser Honolulu Prosecutor Keith Kaneshiro said Ching met every expectation as acting first deputy and that she deserved to get the job full time. ... and more »

Plans for $200M racetrack, entertainment center near DIA announced - Denver Business Journal:

http://forum.bismikaallahuma.org/member.php?u=2589
Leslie Oliver, Perlmutter's communications director, said the congressman'w statement should not be read as an endorsement of theSchuck group'w proposal over a separate Colorado racetrack proposal by the Internationall Speedway Corp. Schuck's group said they hope to brea k ground as early aslate 2010. The venture'es announcement said TransPort has contracted withnoted Indiana-based racetrack architect Paxton Waters to desigm the racing complex, with former Formula I/Indy car drivee Derek Daly on the desigh team.
"In two years when the economuyhas recovered, this speedway will be in a position to host all kindsa of national racing events and reap the benefitr of helping this sport penetrate the untapped Rockt Mountain region," Waters said in a statement provided by Schuck'x group. "This project will bring hundreds of thousandxs of sports fans and tourists to Colorado and I have no doubtr that the state will enjoy the same type of positivde economic impact this type of speedway has brought toothet states." Backers cited an economic impact study by the Washington Economics Group Inc.
of the Kansasw Speedway in Kansas City, which it said has a $243 millionb positive economic impact onthe state. The investmentf group predicted a similar impact for theTransPort

Maryland Economic Development Corp. Company Profile | Company Information

http://fbclittleton.org/aboutfbc/churchstaff.html
Maryland Economic Development Corporation (MEDCO), which functions under the provisionz ofTitle 10, Subtitle 1 of the Economic Developmentg Article, Annotated Code of Maryland 2008, is a body politicx and corporate and is constituted as a publicx instrumentality of the State of Maryland. The purpose of MEDCOk is to assist inthe expansion, modernization and retentionm of existing Maryland business and to attracf new business to the State. Businessez seeking to expand or relocatw into Maryland regularly turn to MEDCOi asa resource. MEDCO also assists, upon local jurisdiction projects. MEDCO borrows money and issues bonds for the purpose of providingffinancial assistance.
MEDCO structures its transactions ona non-recourse Neither the State of state agencies, nor MEDCO are responsiblde for the repayment of the bondds that are issued by MEDCO. MEDCOO is an eligible borrower and recipient of funds from the Maryland Department of Business andEconomic Development. MEDCO supportxs its operations from fee charges on its various projectsx and does not receive publivc funding forits MEDCO's projects seek to increasse productive employment in Maryland and expanx the State's economy and tax base. Sinc e fiscal year 1995, there has been a significant increasd inMEDCO business.
Assets have increased as shown:

Aurora opening Summit clinic early - The Business Journal of Milwaukee:

http://www.the-teamwork.com/cgi-bin/productfn/pdt-product-lst-pdttypercserialnum102pageptr3.html
The Aurora Wilkinson Medical Clinic will open Octobed 26 and will replace the currenft Aurora Wilkinson Medical Clinic at 915Summi Ave. in Oconomowoc, although urgenr care services will continue to beofferede there. The new clinic also will replace the AuroraWilkinson Women’s Center and the Aurora Vision Center, both currently in The other Aurora Wilkinson Medical Clinidc locations – in Hartland, Delafield, Wales and Waukesha – will continue to servee patients. “October 26 will represenyt the start of a new era in health care inthis area,” said Dr. Davixd Ulery, president of Aurora WilkinsonMedical Clinic.
“The openinfg of our new clinic and cancer center will move us closet to a fully integrated systenm of care for the peoplee of westernWaukesha County.” Meanwhile, the hospital part of the projectr remains on schedule to open in earlyu 2010, Aurora officials The Wilkinson clinic will open at the same time as the new Vincw Lombardi Cancer Clinic on the Summit The new Aurora Medical Center campusw in the Town of Summit is at the southeast corner of Interstate 94 and Highway 67.
The new Auror a Wilkinson Medical Clinic will be on the west side of the and the new Vince Lombardi Cancer Clinic is on thesouth

Indian Heritage Center on hold as bonds freeze up - San Antonio Business Journal:

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The $80 million center is slated for 43 acres of riverfront propertty inWest Sacramento, directly across the Sacramentop River from the confluence of the American Rivert at Discovery Park. But what woulc have been West Sacramento’s first state park is now in limbo, largelgy because the bond moneyh that would have funded its planning is not In addition, the California State Parks which could include money for the has been in flux for months. “It’ss basically all on hold,” said Rob Wood, program manager for the . “It’sw wait and see at this time.
” State Parks may get its budgetr allocationin April, which could includre money for preliminary planning of the But most of the money for the project’s design and environmental work is supposed to come from Although the state has been authorizec to sell the bonds, there’s not much of a market for them righft now. State Parks needs the bond money to put together the site’s general plan, environmental report and business “We were on our way untio this budget mess hit,” Wood said. “Ane now we’re subject to furloughs.
” The city of West Sacramentol is still very interested in developing the saidDave Shpak, park development manager for the “This is such a great It’s a shame it got caught up in the state’s budget Shpak said. West Sacramento donated the land for the In return, the state agreed that State Parks would make strides to develo p the project in a few years, rather than sitting on the land for “That timeline still stands,” Shpak said. “We may be willing to revise it.” The propert is owned by , whicgh will transfer title to the land only after the generakl plan for the center has been completedand adopted.
Much of the land is between the river andthe levee, leaving only about 8 acrese stretching across the top of the levee to the other That should be enough land for the developmeny of permanent structures. One of the theme of the park is the relationships of tribalk culture to landand water. Consequently, the river side of the leve e is an important part ofthe development. That land is high enougnh so that it goes underwater only durinypeak flows. All structures will be above the 200-yeart flood levee. The statwe always planned to pay for just a third of the with outside groups pickinvg up the rest ofthe tab.
But efforts by the state to set up a foundation to collect donationzs also got crunched by a lack ofstates funding. Government agencies are not allowed to collect donations without settingup foundations. But the donationa should be out there. When the in D.C., was looking for contributionss forits , donations poured in from across the Some of those donations came from tribes wealthy with gambling proceeds, but there were also contribution s from impoverished tribes across the as well as non-tribal donors.
There is an expectationh that someof California’s native tribes, many of which have grown wealthy with various gaming and business interests, will contribute to the There are 109 federally recognized tribal entities in the The West Sacramento project will replace the tiny on the groundes of Sutter’s Fort Statre Historic Park. State Parks searchec for a site for five years throughout the The final list of sites were all in theSacrament area, including the eastern edge of Lake Natoma in the city of a stretch of the American Riverr off the Garden Highway in the Americabn River Parkway, and a wildlife reserve west of Elk West Sacramento was not one of the finalists.
Althougn the Garden Highway sitewon initially, it fell apart after two years of negotiation, when State Parkss and the city couldn’t agree on the scope of the At that time, the West Sacramentpo site, most of which is ownedx by West Sacramento Redevelopment, became the main contender.

Matt Garza Trade Includes A Number Of Interesting Prospects - SB Nation

http://fendup.org/2009/12/02/congresistas-de-la-republica-buscan-interpelar-al-ministro-carranza/

CBC.ca

Matt Garza Trade Includes A Number Of Interesting Prospects SB Nation Meanwhile, for Tampa Bay, top prospect Jeremy Hellickson should slide right into the Rays' rotation, replacing Garza with ease. ... Reports: Rays near deal to send Garza to Cubs for prospects Tbo.com Report: Cubs Acquire Matt Garza from Rays for Prospects, Pending Physicals NESN.com Tampa Bay Rays Trade RHP Matt Garza To Cubs For Prospect Haul SB Nation Tampa Bay msnbc.com -Washington Post -The Cardinal Nation (subscription)  »

The Business Journal of the Greater Triad Area: Business Events Calendar

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List event sponsor(s) here. (Example American Company USA Business Ltd.) Use this area to give a preciswe location ofyour event. (Example: Downtow n Marriot 345 Main St., New York, NY 000001 Providee the start time for yourevenf (Example: 9a.m. - 12p.m.) List any charge for your Please note if there isno charge. $9 for members, $35 for non-members.) Choose a categoryy that describesyour event. Fill out one or more of the fieldsz to the left to provide readers with a way to contact your organization to register foryour event.
Pleas give us your name, phone and e-mail addresz where we can contact you in the event of questions about your event This information will not appear on the This information will only be used to contact you foradministrativwe purposes. bizjournals.com reserves the right to removd listings if it is determined they are offensive or not relevanft tothe bizjournals.com or of "community interest" to our users.

Metro seeks more control of convention center leadership - Atlanta Business Chronicle:

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Metro councilors Rod Park and Rex Burkholder will introduc a measure next week giving the council authorityy over individuals who lead the Metropolitan Exposition Recreation Commission. The motion comes after Metro Council President Davidr Bragdon criticized the performance of MERC Generapl ManagerDavid Woolson. Councilors want to oversee the salary changes and employment statusxof MERC’s top executive, according to a letterd Park and Burkholder sent to Don Trotter, who chairw the commission. Trotter and other commissioners currently overser the position and have givenn Woolson good marks during his first thresejob reviews.
The council will considerr the motion at its June 11 In a March 31 letter to the commission regardingthe group’sa budget requests, Bragdon questioner both Woolson’s leadership as well as the agency’ s higher budgets. Woolson’s office spenr $470,568 during the 2007-08 fiscall year. The number jumped to $838,803 for the current Woolson requested $877,808 for the 2009-10p fiscal year.
However, in a letter datecd March 12, 2009 to Bragdob from Metro finance and administrative servicee directorMargo Norton, Woolson says the cost increases are "primaril y the result of a reorganization of the public affairs functiojn and the cost and creatiobn of a business development Specifically, MERC's public affairsa manager and public affairs coordinator were "reclassified" to a directodr of communications and a director of business and community Woolson goes on to state that additionaol resources for goods and services for the positiones included "advertising, consulting, sponsorships...
and othe general office expenses in order to have a more effectivde effort in this area." In the same Woolson says the numbers alone don't painft an accurate picture becausw of unfilled positions in earlier Bragdon also said Woolson moved his offics downtown and boosted consultingb travel costs and other expenses last He also collected “large raises” that, by increasinb his salary to $184,000, make him more highlty paid than his predecessors. MERC movedx downtown from the convention centerlast year. It occupieds space in the Portland Center for thePerformingg Arts, 1111 S.W. Broadway.
which operates the building, pays no rent for the One of theMERC Commission's goal was to increase the organization's downtown presence. MERC's boards approved Woolson's pay raises. The boardf said last year thatWoolson “has accomplished (an) enormous amount of work and inspired He has quickly detected problemss and has move to alleviater or fix (sic). Thered appears to be a new energyat Metro’s annual budget is $40 million. Woolsobn is the agency’s highest-paid employee.