March 2007

Posted on March 30, 2007 at 1:47 PM
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The U.S. patent system has been labeled broken for many years, but folks are still rushing to file. The U.S. Patent and Trademark office received 212,377 patent applications in 1995 compared with more than 440,000 in 2006. So broken or not, people are still trying to play in the system....  Continue reading

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Posted on March 27, 2007 at 10:48 AM
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Delta Air Lines Inc. is setting April 30 as its date to emerge from bankruptcy. Delta is expected to announce later this week 11 members to serve on its post-bankruptcy board of directors. The board will pick a chief executive to replace Gerald Grinstein, who has said he plans...  Continue reading

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Posted on March 22, 2007 at 12:24 PM
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Look out YouTube. News Corp. and NBC Universal are launching an Internet video distribution network, said to be the largest of its kind. AOL, MSN, MySpace and Yahoo! will be the new site's initial distribution partners. Their users, who represent 96% of the monthly U.S. unique users on the Internet,...  Continue reading

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Posted on March 20, 2007 at 11:51 AM
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Voice, data and Internet communications provider Integra Telecom Inc. is taking Eschelon Telecom Inc. private for $710 million in cash and debt. Integra will purchase Eschelon Telecom for $30 per share and repay approximately $144 million in Eschelon debt. The combination will create one of the largest competitive local...  Continue reading

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Posted on March 19, 2007 at 3:59 PM
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Score one for the strategic buyers. Community Health Systems Inc. just announced it has signed a deal to acquire Triad Hospitals Inc. for about $6.8 billion. CHS will pay $54 in cash per share and assume $1.7 billion of debt, creating the largest publicly traded hospital company in the...  Continue reading

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Posted on March 16, 2007 at 12:09 PM
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There's no official word but according to one report, Dow Chemical Co is setting up a huge joint venture with India's largest petrochemicals maker, Reliance Industries Ltd. There was also speculation, however, about a possible LBO of Dow. The company's shares have gotten a boost as the various reports circulate....  Continue reading

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Posted on March 15, 2007 at 11:30 AM
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ACG New Jersey has an excellent breakfast program coming up on Tuesday March 20: a presentation by Kapil Sharma, General Manager of India's growing global conglomerate, The Tata Group. One of India's largest conglomerates, Tata Group is actively and heavily investing in US-based businesses, as witness its $220 million acquisition...  Continue reading

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Posted on March 8, 2007 at 3:30 PM
Filed under: Outsourcing

Many who know me know that I am far from being a cheerleader for outsourcing. There are situations and circumstances for which outsourcing is just not the right answer. In future blogs, I’ll touch on some of those settings, but one topic is really top of mind for me today....  Continue reading

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Posted on March 7, 2007 at 8:39 AM
Filed under: CD Community | Movers & Shakers

AOL said Nisha Kumar will serve as the company's new chief financial officer, reporting directly to chairman and chief executive Randy Falco. Kumar comes to AOL from Time Warner Inc., where she held senior positions in operations and mergers and acquisitions. Kumar has also been a vice president at...  Continue reading

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Posted on March 1, 2007 at 2:55 PM
Filed under: CD Community

Is the world really flat? was the headline for the International Conference held by the Association for Corporate Growth 's Chicago chapter on Wednesday. Judging from the way stock market jitters had spread from China to the rest of the world the day before, the answer would have to be...  Continue reading

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