BNET Industries
Market Cap:$234.1M
Last Fiscal Year Sales:$29.1M
- Public
- US
Dow Jones Description
Investment Fund
President
Clifford M. NoreenContact Information
c/o Babson Capital Management LLC 1500 Main St Ste 600
Springfield, Massachusetts 01115
(413) 226-1516
Peer Companies
NAICS Code Floor Covering Stores: 442210
News & Analysis
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acquisition and mci inc. - All News and Analysis
MCINERNEY (MCI).
News of another strong performance from Irish housebuilder McInerney was overshadowed by the announcement of a fully underwritten one-for-five rights issue at E13 (GBP8.73) per share and the proposed acquisition of Lancing Homes, a housebuilder base News of another strong performance from Irish housebuilder ...
Verizon set to close MCI acquisition.(News)
Verizon Communications Inc. said it has completed all the state, federal and international approvals needed to close on its acquisition of MCI. The company recently received its final necessary approval from the Washington Utilities and Transportat Verizon Communications Inc. said it has completed all...
Completion of MCI acquisition proceedings by Verizon
TOP NEWSTOP NEWS
Verizon's MCI acquisition approved by FCC
TELECOMWORLDWIRE-1 November 2005-Verizon's MCI acquisition approved by FCCC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The proposed acquisition of MCI Inc (Nasdaq:MCIP) by communications company Verizon Communications Inc (NYSE:VZ) has been approved by the US Federal Communications Commission FCC. The acquisition, which has already been approved by the US Department of...
Justice Department Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
DOJ Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
Merger mania creates many uncertainties.(analysis on acquisitions and mergers)
SBC will spend some $16 billion to buy AT & T, Sprint spends $35 billion for Nextel and, after a thrilling drama, Verizon won MCI for a mere $8.5 billion. What a world. [ILLUSTRATION OMITTED] Assuming...
MCI to continue acquisition talks with Qwest
MCI announced its intention to review Qwest's latest proposal from to acquire MCI. In entering into the merger agreement with Verizon on Feb. 14, MCI's board of directors unanimously determined that the Verizon transaction was in the best interests of itsMCI announced its intention to review Qwest's latest proposal from...
ATLANTIC-ACM DATALINE Analysis of MCI as an Acquisition Target: Analyses of Three Scenarios
BOSTON -- MCI as an Acquisition Target: Analyses of Three Scenarios
Ebbers says MCI WorldCom is not seeking acquisition.
NEW YORK--MCI WorldCom Inc. sees an opportunity to transform its wireless resale business into one of full-fledged virtual network operation, said Bernard J. Ebbers, president and chief executive officer. Resale for the three nationwide wirel NEW YORK--MCI WorldCom...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clifford M. Noreen | President |
| William J. Barrett | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Glickman | Board of Directors |
| Marshall D Butler | Board of Directors |
| Martin T. Hart | Board of Directors |
| Robert E. Joyal | Board of Directors |
President (since 2008), Vice Chairman (2007-2008), Member of the Board of Managers (since 2006), Managing Director, Babson Capital; President (2005 - 1/2009), Vice President (1993- 2005) of the Trusts. Vice President (since 1996), HYP Management LLC (LLC Manager); Director (since 2005), MassMutual Corporate Value Limited (investment company); Director (since 2005), MassMutual Corporate Value Partners Limited (investment company); Senior Vice President (since 1996), MMHC Investment LLC (passive investor); Managing Director (since 2006), MassMutual Capital Partners LLC (investment company); Director (since 2008), Jefferies Finance LLC (a finance company); Member of Investment Committee (since 1999), Diocese of Springfield.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | President | Current |
| MassMutual Corporate Investors | Chair of Board | Current |
Chairman (since 1992), Donald Glickman and Company, Inc. (private investments); and Partner (since 1992), J.F. Lehman & Co. (private investments). Director (since 1984), Monro Muffler and Brake, Inc. (automobile repair service); and Lead Director (since 1998), MSC Software Corp. (simulation software).
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Participation Investors | Board of Directors | Current |
| Monro Muffler Brake, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Infinity Venture Capital Fund | Chairman of the Board | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Alpha Technologies | Board of Directors | Current |
| Kyocera Corporation | Director | Former |
MARTIN T. HART has been a director of ValueClick since March 1999. Mr. Hart has been a private investor in the Denver area since 1969. He has owned and developed a number of companies into successful businesses, and has served on the board of directors for many public and private corporations. Presently, Mr. Hart is serving on the board of the following public companies: MassMutual Corporate Investors, an investment company; MassMutual Participation Investors, an investment company; Texas Roadhouse, a restaurant chain; and Spectranetics Corporation, a medical device company. He also continues to serve on the board of directors of several private companies. Mr. Hart graduated with a B.A. from Regis University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| ValueClick, Inc. | Director | Current |
| Private Lessons Channel | Board Member | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Mediaplex | Director | Current |
| Texas Roadhouse, Inc. | Board of Directors | Current |
| The Spectranetics Corporation | Board Director | Current |
| Willie's Corner | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Beacon Power Corporation | Current | |
| Private Equity | Director | Current |
| Scottish Re Limited | Board of Directors | Current |
| Corporate Governance | Board of Directors | Current |
| Alabama Aircraft Industries, Inc. | Director | Current |
| Jefferies Group, Inc. | Director | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Corporate Investors | Trustee | Current |
| MassMutual Corporate Investors | trustee | Former |
William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Director | Current |
| Chase Packaging Corp | Secretary | Current |
| Tgc Industries, Inc. | Director | Current |
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