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BRIEFCASE IHOP FRANCHISEE ADDING LOCATIONS.


Byline: - Staff and Wire Services

GLENDALE - IHOP IHOP International House Of Pancakes (restaurant chain)
iHOP Information Hyperlinked Over Proteins
IHOP International House of Prayer
IHOP International H2O Project
IHOP International House of Pain
 Corp.'s largest franchisee signed an extensive development agreement, the restaurant chain announced Tuesday. Joseph J. Katin, who already runs 35 IHOP restaurants in Texas, will add an additional 29 to his portfolio in the next 12.5 years.

Katin has been affiliated with IHOP for 39 years and will have exclusive rights for territory throughout much of Texas.

Netsol regaining its NTWK symbol

CALABASAS - Netsol Technologies Inc. was expected to regain its NTWK stock symbol today, as the software developer announced Tuesday that it has met Nasdaq listing requirements Listing requirements

Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading.
 of maintaining a share price above $1 for 20 straight days.

After a reverse stock split completed Aug. 15, the firm traded under the symbol NTWCD. Shares closed at $2.46 on Tuesday.

Janss mall sold L.A.-based Maxim

THOUSAND OAKS - The Los Angeles-based Maxim LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 has bought the Janss Marketplace in Thousand Oaks for $47 million from Janss Marketplace LLC.

The seller is a limited liability company representing the Janss family, pioneer developers of Thousand Oaks.

Janss Marketplace, at the northwest corner of Hillcrest Drive and Moorpark Road, is a well-known retail destination in the Conejo Valley.

Janss Marketplace occupies 450,000 square feet at the high-profile intersection. It is 98 percent occupied. Tenants include Mervyns, Toys R Us, Marshalls, Linens 'n Things Linens 'n Things, Inc., headquartered in Clifton, New Jersey, is the second-largest large-format retailers of home textiles, housewares and decorative home accessories in the United States, behind Bed Bath & Beyond. , Rite Aid and Mann Theatres.

MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.
, two creditor groups work deal

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 - MCI removed two of the thorniest obstacles remaining in its path from bankruptcy, agreeing to pay $353 million to silence some of the last vocal objectors to the scandal-ridden company's plan to repay a small fraction of its $41 billion debt.

The deal early Tuesday with two groups of creditors, brokered by MCI chief executive Michael Capellas, was reached just hours before a scheduled hearing to consider the existing reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions. .

U.S. Bankruptcy Judge Arthur Gonzalez granted a request to adjourn adjourn v. the final closing of a meeting, such as a convention, a meeting of the board of directors, or any official gathering. It should not be confused with a recess, meaning the meeting will break and then continue at a later time. (See: recess, session)  until Thursday to let the parties officially approve the agreement, and to revise the financial reorganization plan to reflect the new accord.

Caremark in deal for AdvancePCS

In a deal that will combine two of the nation's largest companies that manage prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  benefits, Caremark Rx said on Tuesday night that it had agreed to buy AdvancePCS for $5.6 billion in stock and cash.

Under the terms of the deal, which must still be approved by shareholders of both companies and regulatory agencies, AdvancePCS stockholders will receive the equivalent of 2.15 shares of Caremark for each of their shares; 10 percent will be in cash and 90 percent will be in stock. Caremark will also assume about $400 million of AdvancePCS debt.

Based on Tuesday's stock prices, the deal values AdvancePCS at $54.61 a share, a 37 percent premium to the company's closing price of $40.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Sep 10, 2003
Words:466
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