Parker Hannifin to buy Commercial Intertech for 366 million
Parker Hannifin Corp agreed to acquire Commercial Intertech Corp for 366 million in cash and stock. The deal includes Parker assuming about 107 million dollars of debt and a 20.3 percent premium, with closing anticipated by month end pending regulatory and shareholder approvals. Cuts likely to follow among Commercial Intertech corporate staff.
MENTIONED IN THIS ARTICLE
Cleveland
Parker Hannifin Corp
Commercial Intertech Corp
Parker Hannifin
Commercial Intertech
Youngstown
Steven Hewitt
Parker
Ben & Jerry's urged to reject takeover
In Vermont supporters mobilize against a possible takeover of Ben & Jerry's arguing the unique corporate culture and social mission must be preserved. Activists led by Judy Wicks plan nationwide rallies as investors consider a bid from rival ice cream makers amid debates over the company’s double bottom line.
MENTIONED IN THIS ARTICLE
Montpelier
Ben & Jerry’s
Vermont
Ben
Jerry
Michael Garrett
Connecticut
New York
Garrett
Ben & Jerry
Homemade Inc
Wall Street
Dreyer’s
Grand Ice Cream
Good Humor-Breyers
Ice Cream Partners USA
Haagen-Dazs
Nestle
Judy Wicks
White Dog Cafe
Philadelphia
Ben Cohen
Jerry Greenfield
South Amer
Wicks
The
Coalition To Save Ben & Jerry’s
Transmeta to unveil Crusoe chip in secrecy era ending
Silicon Valley startup Transmeta Corp unveils the Crusoe, a software driven chip aimed at mobile devices, at an all day Saratoga California event. The company backed by Paul Allen and George Soros, led by David Ditzel, with Linus Torvalds among staff, claims low power use and cross platform software capability while navigating Intel X86 patent constraints.
MENTIONED IN THIS ARTICLE
Pentagon
Silicon Valley
Saratoga
Calif
Transmeta Corp
Transmeta
Crusoe
Bluechip
David Ditzel
Sun
Linus Torvalds
Microsoft
Paul Allen
George Soros
Nathan Brookwood
Insight 64
Intel
Apple
Brookwood
New Business Announcements Open in Local Market
The daily business page invites new firms to announce openings. Include owners, location, services, and a phone number. A photo of the owner or manager may accompany the notice. Call Kevin Flowers at 654-6651 between 11 30 and 3 p.m. Mondays through Thursday. The business must have opened within the last six months.
MENTIONED IN THIS ARTICLE
Kevin Flowers
AREA STOCKS REPORT QUOTED BY PARKER HUNTER INC
The summary lists over the counter and area stocks with bid prices as of 10:33 a.m. today. Quotes are provided by the New Castle office of Parker Hunter Inc.
MENTIONED IN THIS ARTICLE
New Castle
Parker/Hunter Inc
Also Mentioned on This Page
Commercial
Intertech
AMD
IRS
Jkharris.com
At&t
Alphanet
ALPH
Bell Atlantic
BEL
Calgon
CCC
Columbia Gas
CBS
CSX
ESB Finance
ESBF
FCF
First Energy
First Merit
FBN/Mercer
FBAN
Heinz
HNZ
Kmart
LTV Steel
Pereng Pgda
PGDA
Praxair
Cy-Coe
Respironics
Rockwell
ROK
Sky Finance
SKYF
Southdown
SDW
Eeeeee
de Steris
STE
Tellgrade
TLGD
Eta Eee
Tuscarora
TUSC
Ubies
UBIX
United Finan
UCFC
USX
Wal-Mart
WMT
Scripps Howard News Service
Kece Pool & Spa
Dunkin’ Donuts
Hermitage
Mon. & Thurs
Canfield
Appoir
Werner
Adelphia
Armstrong
TCI
Pittsburgh
America
Snyder Rd
Shenango Valley Mall
FDIC
Nationa
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