BUSINESS NOTES ILIVE, TV FIRMS BACK OUT OF DEAL.On Friday, iLive Inc. said it has agreed to rescind the previously announced acquisition of the assets of The Web Theatre Inc. and of WebPayPerView.com Inc. The latter two companies will return shares previously issued and Derreck Manteau man·teau n. pl. man·teaus or man·teaux A loose cloak or mantle. [French, from Old French mantel; see mantle.] and Tom Gaffney will resign from Los Angeles-based iLive's board of directors and their respective positions as iLive's chief executive officer and vice president of business development. All parties mutually agreed to rescind the transaction. - Daily News Natrol announces new supplements CHATSWORTH - Natrol Inc., a manufacturer and distributor of nationally branded dietary supplements, has announced that it will launch three line extensions to its My Favorite Multiple line of products. Each formula provides vitamins and minerals in addition to supporting nutrient needs. Complete Care provides antioxidants Antioxidants Substances that reduce the damage of the highly reactive free radicals that are the byproducts of the cells. Mentioned in: Aging, Nutritional Supplements antioxidants, n. found in two servings of fruits and vegetables for those lacking the nutritional value. My Favorite Multiple Energizer contains ingredients to maintain physical well being, and the 50-plus formula is designed to promote joint health, heart health, and healthy vision to older consumers. - Daily News Juice firm chief told to pay fine The president of the Los Angeles-based Squeeze Fresh Juice Co. pleaded no contest to charges of unsanitary un·san·i·tar·y adj. Not sanitary. conditions at the processing plant and was ordered to close the business by May 31. Along with the closure, Los Angeles Superior Court Judge Patricia M. Schnegg also ordered company President Thomas Goldberg, 46, of Woodland Hills to pay $3,800 in fines and costs and serve three years on probation. Goldberg pleaded no contest to two counts of manufacturing adulterated a·dul·ter·ate tr.v. a·dul·ter·at·ed, a·dul·ter·at·ing, a·dul·ter·ates To make impure by adding extraneous, improper, or inferior ingredients. adj. 1. Spurious; adulterated. 2. Adulterous. food. - City News Service Daily flights debut from L.A., Nagoya Delta Air Lines will inaugurate in·au·gu·rate tr.v. in·au·gu·rat·ed, in·au·gu·rat·ing, in·au·gu·rates 1. To induct into office by a formal ceremony. 2. service from Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation). “KLAX” redirects here. For other uses, see KLAX (disambiguation). Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX to Nagoya on Sunday. The new flight, which will be the only daily nonstop service from Los Angeles to Nagoya, will be on Delta's MD-11 aircraft. The flight will depart from Los Angeles at 11:55 a.m. and arrive in Nagoya at 3:45 p.m. On the return, the flight departs from Nagoya at 5:45 p.m. and arrives in Los Angeles at noon. - City News Service Tarrant acquires plant's assets Tarrant Apparel Group today announced that it agreed to buy the assets of a state-of-the-art sewing plant in Ajalpan, Mexico, for about $11 million. The 100,000-square-foot Ajalpan plant, built in 1999, can sew 6 million units per year. Tarrant Apparel bought the plant for about $11 million in an all-cash transaction, of which $9 million was paid before Dec. 31 as construction progress payments. - City News Service Tetra Tech wins 2 EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. contracts PASADENA - The U.S. Environmental Protection Agency's Office of Water chose Pasadena-based Tetra Tech Inc. as a contractor for projects totaling more than $14 million, it was announced Friday. The two contracts, which begin immediately, support development of water quality standards and pollution prevention strategies in the United States, according to Tetra Tech. A three-year, $7 million contract will assess and manage risks associated with toxic bioaccumulation bi·o·ac·cu·mu·la·tion n. The increase in the concentration of a substance, especially a contaminant, in an organism or in the food chain over time. of contaminants in surface waters. A five-year, $7.3 million contract will help make watershed assessments and total maximum daily load determinations throughout the country. - City News Service Meatpacker files suit against Tyson DAKOTA DUNES, S.D. - Meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world. giant IBP IBP (Fraunhofer) Institut für Bauphysik (Stuttgart, Germany) IBP Interactive Business Planner IBP Integrated Bar of the Philippines IBP International Buyer Program filed a lawsuit Friday to force Tyson Foods to complete its $3.2 billion purchase of the South Dakota company. The suit in Chancery Court in New Castle County, Del., came a day after Tyson nixed the deal that would have made Tyson the nation's top beef and pork producer. - Associated Press |
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