INCREASE IN FIRST QUARTER M&A ACTIVITY, WHITESTONE REPORTS.Whitestone Communications (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 ) reports that first quarter merger and acquisition activity in the publishing/information/training fields totaled $l83 billion, more than 11 times first quarter 1999 totals of $15.5 billion. Whitestone, which tracks industry merger and acquisition activity for its annual reference report Who's Buying Whom, said the takeover of Time Warner by America Online See AOL. was, at $164 billion, the largest deal in the quarter. Whitestone said there were 213 deals in the first quarter of 2000, an 8% increase over the 198 deals reported in the same period last year. The second largest deal in the quarter was the Tribune tribune, in ancient Rome, one of various officers. The history of the office of tribune is closely associated with the struggle of the plebs against the patrician class to achieve a more equitable position in the state. From c.508 B.C. Co.'s plan to acquire Times Mirror for $6.4 billion. Referring to the AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. deal, Whitestone president Baran Rosen noted that "we said [ldots] last year that Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the companies would likely be moving to buy print content businesses. So the big move by AOL follows right along that path. And we will see more of these types of deals as the Internet players look for ways to build traffic and secure steady streams of cash flow." |
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