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Started by safepark_us
Thu, 30 Mar 2000 00:00
Bloomberg reports Navarre can ink $1billion
Author: safepark_us
Date: Thu, 30 Mar 2000 00:00
Date: Thu, 30 Mar 2000 00:00
46 lines
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1829 bytes
Karen Fessler at Bloomberg is reporting that Navarre x will see $1billion in sales...however, no one I know can find this news on the wires. Contact Karen Fessler at Bloomberg Financial Market or Bloomberg.com (212) 318-2000 Navarre Corp. Eric Paulson Phone: (612) 535-8333 Heres the link to the story: http://quote.bloomberg.com/fgcgi.cgi?s=74cf6853398ce925e1cdafafbeb80863&T=marketsquote99_news.ht x x Navarre Discussing Combination That Would Boost Sales to $1 Bln By Karen Fessler Los Angeles, March 29 (Bloomberg) -- Navarre Corp., which distributes music and software, has held discussions about a potential combination that would create a company with more than x $1 billion in annual revenue, Navarre Chairman Eric Paulson said. Navarre has met with investment banks, including Deutsche Banc Alex Brown and U.S. Bancorp Piper Jaffray, about the possible x transaction, as well as other potential acquisitions that Navarre is eyeing this year. Paulson, meeting with investors and bankers in Los Angeles, declined to name the other company in the discussions, though he said it has a market capitalization of about $60 million. Contact Karen Fessler at Bloomberg Financial Market or Bloomberg.com x (212) 318-2000 x Navarre Corp. Eric Paulson Phone: (612) 535-8333
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