Aurora retains Alex. Brown to assist in debt refinance.IRVINE, Calif.--(BUSINESS WIRE)--Aug. 7, 1995--Aurora Electronics Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AUR AUR Acute Urinary Retention AUR Association of University Radiologists AUR Automated Underreporter AUR Available Upon Request AUR All Up Round AUR Access Usage Record AUR Asociación Uruguaya de Radioprotección AUR Average Unit Revenue AUR Asset Utilization Ratio ) Monday announced it has retained Alex. Brown & Sons Inc. as its financial adviser to assist in refinancing its debt. Jim Cowart, Aurora's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented: "The previously announced restructuring of Aurora's business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets is substantially completed, resulting in a focused company providing spare parts distribution services and electronics recycling and asset recovery services to major computer OEMs and field service providers. In support of this restructuring, we have engaged Alex. Brown to assist us in rationalizing Aurora's capital structure, allowing the company to continue the strong growth in these two core businesses." With headquarters in Irvine, Aurora Electronics provides computer OEMs and service organizations with asset recovery and distribution services that support the worldwide installed base. The company has facilities located throughout the United States and in Europe and Canada. CONTACT: Aurora Investor Relations Investor relations The process by which the corporation communicates with its investors. , Irvine John Grazer, 714/660-1232 |
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