Printer Friendly

OLYMPIA & YORK COMPANIES SELLS ITS STAKE IN HYPERION PARTNERS

 OLYMPIA & YORK COMPANIES SELLS ITS STAKE IN HYPERION PARTNERS
 NEW YORK, June 23 /PRNewswire/ -- Olympia & York Companies (U.S.A.) today announced that it has sold its stake in Hyperion Partners L.P. for $32.5 million. Olympia & York said that the proceeds of the sale along with its ongoing operating cash flows will allow it to pursue its overall restructuring plan.
 -0- 6/23/92
 /CONTACT: Peter Rosenthal of Howard J. Rubenstein Associates, 212-489-6900, for Olympia & York Companies (U.S.A.) CO: Olympia & York Companies (U.S.A.); Hyperion Partners L.P. ST: New York IN: SU:


SM-OS -- NY076 -- 2966 06/23/92 15:57 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 23, 1992
Words:107
Previous Article:OPTICAL RECORDING STATEMENT ON JUDGMENT IN TIME WARNER CASE
Next Article:nVIEW ADDS NEW PRODUCTS TO AWARD-WINNING LINE; UNIQUE LCD PROJECTOR PRESENTATION SOLUTION


Related Articles
O&Y's bankruptcy: a world-wide affair.
Hyperion Telecommunications, Inc. Announces Second Quarter Results
Hyperion Telecommunications, Inc. Announces Second Quarter Results
Entergy cutbacks could affect Hyperion, TeleCorp partnerships.
Application Partners Offers Hyperion Integration Server Consulting And Training.
Application Partners Qualifies as a Hyperion Solutions Gold Consulting Partner.
Information Builders Extends Enterprise Data Access to Hyperion Essbase OLAP Server.
Eisner Technology Solutions Joins Hyperion Solutions as Newest Systems Integration Partner.
Hyperion Partners Corp. Initiates Research Coverage Of Advanced Aerodynamics & Structures, Inc.
Hyperion Solutions and Pinnacle Technology Partners Announce Partnership.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters