• Jan 07, 2002

    VeriSign to Acquire H.O. Systems

    Acquisition Expands VeriSign’s Illuminet Portfolio of Telecommunication Services by Adding End-to-End Billing and CRM Applications for Wireless Carriers Mountain View, Ca., January 7, 2002 – VeriSign, Inc., (NASDAQ: VRSN), the leading provider of digital trust services, today announced it has entered into a definitive agreement to acquire H.O. Systems, Inc., a leading provider of billing and customer care solutions to wireless carriers. H.O. Systems’ advanced billing platform combined with the signaling, intelligent network and clearing services of VeriSign’s Illuminet Holdings, Inc. subsidiary will give wireless carriers a comprehensive package of essential services needed to succeed and grow in a highly competitive marketplace.
  • Jan 04, 2002

    Capital Senior Living Corporation Forms Joint Venture with Blackstone Real Estate Advisors; Announces Its First Acquisition

    DALLAS – (BUSINESS WIRE) - January 4, 2002 - Capital Senior Living Corporation, one of the country’s largest operators of senior housing communities (NYSE: CSU) announced today the formation of a joint venture with Blackstone Real Estate Advisors ("Blackstone"), an affiliate of The Blackstone Group, to acquire in excess of $200 million of senior housing properties. The venture will be owned 90% by Blackstone and 10% by the Company. The Company will earn management fees under long-term management contracts and potential additional incentive payments.
  • Jan 03, 2002

    Sirius Announces $158 Million Financing

    NEW YORK, Jan. 3 /PRNewswire/ -- Sirius Satellite Radio (Nasdaq: SIRI) (http://finance.yahoo.com/q?s=siri&d=t) - news (http://biz.yahoo.com/n/s/siri.html), the satellite radio broadcaster, today announced it priced a public offering of common stock resulting in gross proceeds of approximately $158 million. The transaction is being underwritten by Lehman Brothers. Sirius will sell 16 million shares of its common stock at a public offering price of $9.85 per share, and has granted the underwriter an over-allotment option to purchase an additional 2.4 million shares of common stock. (Logo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125)