IN BRIEF.VALLEY INDEX CLIMBS: Shares of most companies in the Daily News Index were higher Monday, led by Westlake Village's Dole Food Co., which jumped $1.4375 to $15.25. - Daily News THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters PURCHASE: THQ Inc. Monday launched a foray into Verb 1. foray into - enter someone else's territory and take spoils; "The pirates raided the coastal villages regularly" raid encroach upon, intrude on, obtrude upon, invade - to intrude upon, infringe, encroach on, violate; "This new colleague invades my online gaming See gaming. by acquiring privately held Genetic Anomalies, Inc Genetic Anomalies, Inc. was a gaming development company founded in 1996. GA was known for creating the world's first online collectible card game, Chron X. The company was acquired by THQ Inc. in 1999. . in an $8 million stock transaction. The acquisition gives Calabasas-based THQ rights to all of Genetic Anomalies' products including The deal also gives THQ access to Genetic Anomalies' online technology including multiplayer game servers and its virtual property technology, Collectible Bits. THQ issued 220,000 new shares and assumed existing Genetic Anomalies stock options. - Daily News DEAL DONE: Kestrel kestrel Any of several birds of prey (genus Falco) known for hovering while hunting. Kestrels prey on large insects, birds, and small mammals. The male is more colourful than the female. Kestrels are mainly Old World birds, but one species, the American kestrel (F. Equity Corp. said Monday it has completed its acquisition of North Hollywood-based Stereo Vision Entertainment Inc. in a stock-for-stock exchange. Terms of the deal were not disclosed. Stereo Vision specializes in the production and distribution of three-dimensional films. At the same time, John G. Kookootsedes has been named president and chief executive officer of the new Stereo Vision SVE SVE special visceral efferent. firm. He succeeds Frederick C. Phillips, who continues as general corporate counsel, the company said in a statement. - Daily News MERGER COMPLETE: Sitestar Corp., an Encino-based Internet holding company, Monday completed its previously announced acquisition of Neocom Microspecialists, a Virginia Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . Terms of the acquisition were not disclosed. Neocom has 4,600 subscribers and offers Internet services including Internet access, Web design and Web hosting. Neocom uses the Linux operating system for the majority of its network. The company expects its 1999 revenues to exceed $1.8 million. 7pt - Daily News FOR THE RECORD Due to a production error, some of the home sales were omitted from the weekly listing in Sunday's Business section. They will be included in this Sunday's list. |
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