Even if unions at the Pittsburgh Post-Gazette and its sister paper in Ohio agree to contract concessions, the papers might be sold if losses from weak advertising and circulation are greater than cost savings, a credit rating service said. The outlook was offered by Standard & Poor's, New York, in a report that downgraded the credit rating of Block Communications Inc., parent company of the Post-Gazette and The Blade in Toledo.
The estate of a Squirrel Hill woman who was struck and killed by a newspaper delivery driver has sued the motorist and Block Communications Inc., publisher of the Pittsburgh Post-Gazette. Estelle Forstenzer, 83, was walking across Bartlett Street around 7 a.m. Dec. 27 when she was struck by a vehicle driven by Thomas N. White, the lawsuit states. White, who was delivering the Post- Gazette, was turning onto Bartlett from Forbes Avenue when he struck Forstenzer, who had the right of way, according to the lawsuit.
NEW YORK -- Verizon Communications Inc.'s $6.7 billion takeover of long-distance provider MCI Inc. is the latest example of how regulatory changes in Washington are continuing to transform the telephone industry. A court ruling nearly a year ago and subsequent decisions by the Federal Communications Commission were key catalysts for Monday's deal as well as last month's $16 billion takeover of AT&T Corp. by SBC Communications Inc. Those findings effectively forced long- distance providers on the auction block by boosting their operating costs, compounding a multiyear slide in customers and revenues.
NEW YORK - Verizon Communications Inc.'s $6.75 billion takeover of MCI Inc., the nation's second largest long-distance provider, is the latest example of how regulatory changes in Washington are continuing to transform the telephone industry. A court ruling nearly a year ago and subsequent decisions by the Federal Communications Commission were key catalysts for Monday's deal as well as last month's $16 billion takeover of AT&T Corp. by SBC Communications Inc. Those findings effectively forced long- distance providers on the auction block by boosting their operating costs, compounding a multiyear slide in customers and revenues.
DALLAS (HedgeWorld.com) - Highland Capital Management LP announced that it has filed a state lawsuit in Travis County, Texas, in an effort to block a transaction between Motient Corp., of Lincolnshire, Ill., and SkyTerra Communications Inc., New York. Motient, a provider of wireless data systems to the business market, and SkyTerra, a broad-based telecommunications company, announced an agreement May 8 to consolidate the ownership and control of certain enterprises in which each has an interest. Highland contends that the deal is harmful to Motient stockholders, in part because it will require a payment by Motient of $50 to $80 million in corporate taxes.
If a contract is clear and unambiguous, then its interpretation is a matter of law and there is no issue of fact to be determined.
..., Inc. (“CPS”), and Block Communications, Inc., in a breach of contract a...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
Ford Escort | Highridge Partners Inc | Timbo | Big Tommy | Mark McDermott | flora y fauna de mexico | Transacciones Extrajudiciales | Bigamia colombia | requisitos guardería | licencia de taxi alquiler
