Printer Friendly

Ziff Davis extends deal w/banks; objects to "WSJ" story.

Ziff Davis Media (New York) 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. (see chart p. 5)

Also, Ziff Davis 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.
COPYRIGHT 2002 JK Publishing, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:extends forbearance agreements; denies Wall Street Journal report
Comment:Ziff Davis extends deal w/banks; objects to "WSJ" story.(extends forbearance agreements; denies Wall Street Journal report)
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 16, 2002
Words:125
Previous Article:Direct marketing agency starts "IT Solutions Journal".
Next Article:Dow Jones sells stake in Latin American Bus. Title; starts newsletters.
Topics:


Related Articles
Why is Berlusconi under friendly fire?
CAREERCAST TO RECREATE CAREERS.WSJ.COM JOBSEEK DATABASE.
WSJ.COM CUSTOMIZES VIEW OF GLOBAL INVESTMENTS.
ZIFF-DAVIS FINALIZES CHANGES; NEW PUBS FROM ZD JOURNALS & ZD EDUCATION.
WSJ network signs up 11 new partners.
NEW WSJ.COM MOBILE WEB VERSION LAUNCHED.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters