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BRIEFCASE PHOTONIX, JENNER DEAL MOVES ALONG.


Byline: - Staff and Wire Services

CAMARILLO - Advanced Photonix has furthered its merger deal with Jenner Biotherapies Inc., the electronics firm announced Thursday. Jenner shareholders will receive 28,586,457 shares of API's common stock, plus possible additional shares, depending on Jenner's share price at the closing of the deal. The date was not announced.

Gas prices lower, supply abundant

Motorists who have experienced two consecutive weeks of moderate price declines at the pump should see continued lower prices as local and national suppliers seek stability after the Sept. 11 terrorist attacks.

The Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions.  and the American Automobile Association American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and international travel assistance, e.g.  join with U.S. Energy Secretary Spencer Abraham Edward Spencer Abraham (born June 12, 1952 in East Lansing, Michigan) is a former United States Senator from Michigan. He had served as the 10th United States Secretary of Energy, serving under President George W. Bush.  in pointing to abundant supplies of crude oil and refined gasoline.

< Nasdaq suspends some requisites

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
 - The Nasdaq Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
 has temporarily suspended certain trading requirements to help companies remain listed on the exchange and to ease the economic turmoil following this month's terrorist attacks.

The stock market, which lists more than 4,300 companies, said Thursday that the moratorium is effective until Jan. 2, 2002.

The move exempts companies from meeting minimum share price and public float requirements to stay listed on the exchange. Float refers to the number of outstanding shares available for trading by the public.

The Nasdaq does not release the number of companies that face delisting, he said.

A company's shares must trade above a minimum price, usually $1, to stay listed on the Nasdaq. The minimum value of a public float of a company's shares varies.

< AT&T may merge with BellSouth

NEW YORK - Long-distance giant AT&T Corp. is talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to"
lecture, speech

rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to
 BellSouth Corp. about a possible merger, a move that could reunite it with one of the Baby Bells The nickname given to the regional Bell operating companies after Divestiture in 1984. See Bell System and RBOC.  it was forced to spin off back in 1984, a source close to the negotiations said Thursday.

Any such deal would take place only after AT&T sells its cable business, AT&T Broadband, and involve only its consumer and business telecom divisions said the source, who would speak only on condition of anonymity.

AT&T, eager to take part in any upcoming consolidation of the telecommunications industry, has also made similar overtures to other, unidentified telephone companies, the source said.
COPYRIGHT 2001 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, 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 28, 2001
Words:368
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