2007 Annual Earnings from Continuing Operations Before Special Items Grow 52 Percent to $963 Million
2007 Annual Earnings from Continuing Operations Before Special Items Grow 52 Percent to $963 Million
2007 Annual Earnings from Continuing Operations Before Special Items Grow 52 Percent to $963 Million
2007 Annual Earnings from Continuing Operations Before Special Items Grow 52 Percent to $963 Million
PT Media Nusantara Citra Tbk (or “MNC”) today announced that its indirect wholly-owned subsidiary, MNC International Ltd., has commenced its tender offer for up to 6,000,000 American Depositary Shares (“ADSs,” each ADS represents 10 ordinary shares) of Linktone Ltd. (NASDAQ:LTON) at a price of $3.80 per ADS in cash, subject to any withholding taxes required by law. MNC and Linktone announced on November 29, 2007 that they had reached a definitive acquisition agreement for MNC to acquire not less than 51% of Linktone’s outstanding shares using a combination of a tender offer for existing ADSs and a subscription for newly issued ordinary shares of Linktone at an equivalent purchase price.
Heidelberg USA today announced that Mr. Edmund (Ed) Young has been named Vice President, Field Sales, effective immediately. Young also has been appointed to Heidelbergs executive management team and will report to Heidelberg USAs Senior Vice President, Sales and Service, Bob Boyer, Sr. “Eds knowledge of the industry, leadership skills and experience in introducing customers to innovative technology solutions will all play a key role in our future growth,” said Boyer.
PowerID Ltd., the industry leader in battery-assisted, passive (BAP) RFID technology, announced today that Frost & Sullivan, a global growth consulting company, has selected PowerID as the recipient of the 2008 Frost & Sullivan Award for Global RFID Entrepreneurial Company.
