McLeodUSA seeks buyer or partner amid losses
McLeodUSA Inc. said it is seeking a strategic partner or outright sale as losses mount and competition intensifies in telecom. Shareholders face likely complete loss of investment under either option. The company reached an agreement with lenders to halt $18.1 million in debt payments through May 23 while pursuing restructuring or a sale.
MENTIONED IN THIS ARTICLE
Gazette
Cedar Rapids
McLeodusa Inc
Munications Provider
Blake acquitted in high‑profile 2001 murder case
Los Angeles jurors found actor Robert Blake not guilty of murder in the 2001 slaying of his wife Benny Lee Bakley after nine days of deliberation. He was also acquitted on a murder-for-hire solicitation charge, with a second charge dismissed. Blake sobbed as the verdict was delivered.
MENTIONED IN THIS ARTICLE
Los Angeles
Robert Blake
Benny Lee Bakley
Blake
Peterson sentenced to death in Laci Peterson murder case
In Redwood City California judge sentenced Scott Peterson to death for the murder of his pregnant wife Laci and their unborn son. Peterson 32 declined to speak as the lethal injection sentence was imposed. The jury had recommended execution after conviction. Laci was eight months pregnant when she disappeared in December 2002.
MENTIONED IN THIS ARTICLE
Redwood City
Calif
Scott Peterson
Laci
Peterson
Laci Peterson
Threatening letters sent to Linn judges
Two Linn County judges received intimidating mail postmarked in Cedar Rapids. The letters referenced the February killings of Michael Lefkow and Donna Humphrey and urged judges to be aware and be fair. Authorities seek information while urging calm.
MENTIONED IN THIS ARTICLE
Linn
Cedar Rapids
Linn County
Illinois
Don Zeller
Nancy Baumgartner
Doug Russell
Baumgartner
Russell
Linn County Sheriff's Office
Zeller
Michael Lefkow
Donna Humphrey
Joan Lefkow
Bart Ross
Lefkow
Ross
Carroll
McLeod USA history of bankruptcy and leadership changes
Clark McLeod founded McLeod USA after Teleconnect. The company filed Chapter 11 on January 31 2002 and emerged April 17 2002 in exchange for about 3.3 billion dollars of debt. McLeod resigned March 16 2005 as the board explored a strategic partner or sale while working to restructure with lenders and protect shareholders.
MENTIONED IN THIS ARTICLE
Teleconnect Co
Clark McLeod
Iowa approves strongest meth ingredient law in U S
Iowa lawmakers backed a bipartisan compromise to restrict pseudoephedrine in cold medicines. Governor Vilsack plans to sign what is called the toughest pseudoephedrine law in the country, expected to curb meth production. Senator Keith Kreiman lauded the swift action and strict controls.
MENTIONED IN THIS ARTICLE
Vilsack
U.S
Rod Boshart
Gazette
Des Moines
Iowa
Sen
Keith Kreiman
D-Bloomfield
Anti-meth bill expands pseudoephedrine controls nationwide
The measure designates pseudoephedrine as Schedule V and requires sale only through pharmacies. It caps daily sales at 360 mg and monthly at 7,500 mg per person, with purchases logged by government ID, signature, and printed address. It imposes civil and criminal penalties for improper sales and preempts local ordinances.
Iowa City West Wins 67-46 in 4A Quarterfinals
Iowa City West defeats Des Moines East 67 46 to advance to the state tournament in Class 4A. This marks the Hawks eighth appearance at the state finals.
MENTIONED IN THIS ARTICLE
Cliff Jette
the Gazette
Tate Fontenot
Linn-Mar
Des Moines
Ankeny
Iowa City West
Des Moines East
West
Cedar Rapids man blocked from work after defibrillator implant
Phil King, 55, of Cedar Rapids, has been unemployed for over a year since receiving a chest defibrillator in January 2004. His former employer, Hupp Electric Motors, cites insurance liability and device restrictions, though his cardiologist says he is healthy enough to work.
MENTIONED IN THIS ARTICLE
The
Gazette
Cedar Rapids
Phil King
King
Hupp Electric Motors
Chuck Rutledge
Hopp
Laura Segall
the Gazette
Also Mentioned on This Page
McLeodusa
George C. Ford
Cedar Rapids Telecom
McLeod-Usa
Chicago
By Christoph Trappe
Aes
Iowa City
Lowa
People Pictures
McLeod
USA
Meth
Bill OK
Cindy
Fore
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