SEOUL AFP — US investment fund Lone Star, which is under investigation by South Korean investigators, has denied it has done anything illegal in a controversial acquisition deal three years ago. John Grayken, chairman of Lone Star Funds, said in a statement misunderstandings were behind the "endless accusations" against Lone...
SAN DIEGO & DALLAS -- Accredited Home Lenders Holding Co. (NASDAQ:LEND) ("Accredited" or "Company"), a nationwide mortgage company specializing in non-prime residential mortgage loans, and Lone Star Fund V (U.S.) L.P., through its affiliate Lone Star U.S. Acquisitions, LLC ("Lone Star"), today announced that they have entered into a definitive...
ATLANTA -- Coca-Cola Fountain inked a multiyear strategic beverage supply agreement with Wichita, Kan. -based Lone Star Steakhouse & Saloon. According to terms of the deal, Coca-Cola will be the exclusive soft-drink beverage supplier for the steakhouse operator. Lone Star operates more than 250 outlets, which. include Lone Star Steakhouse...
Files Suit against Lone Star for Specific Performance SAN DIEGO -- Accredited Home Lenders Holding Co. (NASDAQ:LEND) ("Accredited" or "Company") announced today that it has filed a lawsuit against Lone Star Fund V (U.S.), L.P. and two of its affiliates ("Lone Star") seeking specific performance of Lone Star's obligations...
Includes $11.75 Per Share Tender Price, Minimal Conditions to Closing Beyond Tender of Majority of Shares, and Resolution of Delaware Lawsuit SAN DIEGO & DALLAS -- Accredited Home Lenders Holding Co. (NASDAQ:LEND) ("Accredited" or "Company"), a nationwide mortgage company specializing in non-prime residential mortgage loans, and Lone Star Fund...
WIESBADEN, Germany--BUSINESS WIRE--Oct. 8, 1999-- Dyckerhoff AG (Frankfurt and Luxembourg Exchanges: DYK) today announced the completion of its acquisition of Lone Star Industries, Inc. (NYSE: LCE) by the merger of Level Acquisition Corp., an indirect wholly owned subsidiary of Dyckerhoff, into Lone Star. As a result of the merger,...
Lone Star files for Chapter 11, citing dumping Lone Star Industries of Stamford, one of the largest cement suppliers in the United States, filed for bankruptcy last week, citing the economic downturn and the unfair business practices of its foreign competitors as the primary...
WIESBADEN, Germany--BUSINESS WIRE--Oct. 8, 1999-- Dyckerhoff AG (Frankfurt and Luxembourg Exchanges: DYK) today announced the completion of its acquisition of Lone Star Industries, Inc. (NYSE: LCE) by the merger of Level Acquisition Corp., an indirect wholly owned subsidiary of Dyckerhoff, into Lone Star. As a result of the merger,...
DALLAS & SAN DIEGO -- LSF5 Accredited Investments, LLC ("Lone Star"), a subsidiary of Lone Star Fund V (U.S.), L.P., today announced that all of the conditions to the closing of its tender offer to acquire all outstanding shares of common stock of Accredited Home Lenders Holding Co. (NASDAQ: LEND)...
WICHITA, KAN. -- Lone Star Steakhouse & Saloon Inc. said certain current and former board members who were named in a lawsuit filed by the nation's largest pension fund, the California Public Employees Retirement System, asked the Delaware Chancery Court to dismiss all claims made by CalPERS for lack of...
SACRAMENTO, CALIF. - The California Public Employees' Retirement System is calling on shareholders of Wichita, Kan.-based Lone Star Steakhouse & Saloon Inc. to pressure the chain to improve its corporate governance practices. In a letter to Lone Star shareholders, CalPERS asked them to vote for its shareholder proposal, which would...
SACRAMENTO, CALIF. -- Lone Star Steakhouse & Saloon and the California Public Employees Retirement System, or CalPERS, reached a settlement to end litigation filed by CalPERS against the Wichita, Kan.-based restaurant chain. CalPERS, the nation's largest public-employee pension fund, filed the lawsuit in October 2001 against Lone Star chief...
DALLAS & SAN DIEGO -- Lone Star Fund V (U.S.) L.P., through its affiliate Lone Star U.S. Acquisitions, LLC ("Lone Star"), reported that it expects to close the tender offer for the common stock of Accredited Home Lenders Holding Co. (NASDAQ:LEND) ("Accredited" or "Company") by the currently scheduled expiration on...
SEOUL AFP — US investment fund Lone Star announced it has pulled out of a multi-billion-dollar deal to sell a leading South Korean bank following "groundless accusations" by state prosecutors of wrongdoing. Lone Star Funds "cannot move forward with the sale of KEB Korea Exchange Bank to Kookmin Bank due...
WICHITA, Kan. -- Lone Star Steakhouse and Saloon Inc. has filed with the Securities and Exchange Commission for a public offering of 5 million shares of common stock. Of that total, 2.25 million shares will be sold by the company and 2.75 million will be divested by certain stockholders....
By Mark Davis, The Kansas City Star, Mo. Knight Ridder/Tribune Business News Jul. 3--A shootout is coming Friday to Lone Star Steakhouse & Saloon Inc. Stockholder Guy Adams and his posse are gunning for Chairman Jamie Coulter. Coulter's seat on Lone...
LAS VEGAS--BUSINESS WIRE--DECEMBER 12, 1994--LONE STAR CASINO CORPORATION (NASDAQ Symbol: LONE) today announced that it has amended its existing lawsuit, which is pending in Houston, Texas, to name Bloomberg Business News and reporter David Klein as defendants. On September 8, 1994, Lone Star had filed suit against Bloomberg reporter...
SEOUL AFP — US investment fund Lone Star could scrap the sale of Korea Exchange Bank unless the buyer agrees to revise its contract and pay more, the bank's chief has said. Lone Star agreed in May to sell a 64.62 percent stake in Korea Exchange Bank KEB to South...
SEOUL AFP — A South Korean appeals court Tuesday found US buyout fund Lone Star not guilty of rigging shares following its purchase of a local bank in 2003, and cancelled fines totalling almost 50 million dollars. The ruling could help clear the way for global giant HSBC to...
