Ziff Davis extends deal w/banks; objects to "WSJ" story.Ziff Davis Media (Ziff Davis Media Inc., New York, www.ziffdavis.com) A leading integrated media company that serves the computer, videogame and consumer lifestyle markets. Its offerings include PC Magazine and the PCMag.com Network, which includes PCMag.com, ExtremeTech. (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 ) said that it has successfully extended its forbearance agreement with respect to its senior credit facility. The agreement, due to expire on March 15, was extended to June 28, 2002. The company also said it continues to search for alternative ways to recapitalize its long-term debt Long-Term Debt Loans and financial obligations lasting over one year. Notes: For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt. . (see chart p. 5) Also, Ziff Davis Ziff Davis Inc. (ZD) is an American magazine publisher and Internet Information company. It was founded in 1927 in Chicago by William B. Ziff, Sr. and Bernard G. Davis. Throughout most of its history, it was a publisher of hobbyist magazines, often ones devoted to expensive, said that reports, including from the "Wall Street Journal" and in a press release from the Hewlett Family Trust, that it had suppressed the results of a research report under pressure from Hewlett-Packard are incorrect. The report in question, released in February, focuses on IT buyers' perception of the proposed merger of Hewlett-Packard with Compaq. Ziff said the Hewlett-Packard neither commissioned the study nor suppressed its results. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion