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BNET Business Dictionary
- Asset
- any tangible or intangible item to which a value can be assigned. Assets can be physical, such as machinery and consumer durables, or financial, such as cash and accounts receivable.Assets...
- Asset definition on BNET »
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- P&F Industries, Inc. Subsidiary Sells Heating Products Business to Mestek, Inc
- FARMINGDALE, N.Y. -- P&F Industries, Inc. (Nasdaq NM: PFIN) announced today that Embassy Industries, Inc. ("Embassy"), a wholly-owned subsidiary of the Company, has entered into a definitive Asset Purchase Agreement dated October 11, 2005, under which Embassy, on that date, sold substantially all of its non-real estate assets to Embassy...
- Research articles 2005-10-12
- Dorman Products, Inc. to Acquire Certain Assets of the Consumer Products Division of Rockford Products Corporation
- Dorman Products, Inc. (NASDAQ: DORM) announced today that it has signed an agreement to acquire certain assets of the Consumer Products Division of Rockford Products Corporation ("Consumer Division"). Headquartered in Rockford, Illinois, the Consumer Division packages and distributes standard fasteners to customers in the farm and automotive aftermarkets. ...
- Research articles 2007-09-05
- U.S. Industries acquires outdoor furniture division of Sunbeam Corporation for $84.5 million
- LONDON, England and ISELIN, N.J.--BUSINESS WIRE--Feb. 11, 1997--U.S. Industries, Inc. (NYSE-USI) announced today that its subsidiary, Jacuzzi Outdoor Products, Inc., has agreed to purchase the assets and assume certain liabilities of the outdoor furniture division of Sunbeam Corporation (NYSE-SOC) for a total consideration of approximately $84.5 million. Trade accounts...
- Research articles 1997-02-11
- Nestor, Inc. Acquires Business and Assets of Transol Group
- Nestor, Inc. (NASDAQ: NEST) announced today that its offer has been accepted and it is the winning bidder for the business and assets of the Transol Group of companies. The Australian companies of the Transol Group were placed into receivership on July 14, 2005. The primary assets to...
- Research articles 2005-08-15
- Equity Residential to Acquire Premier Manhattan Assets; To Add 1,325 Apartment Units on New York City's Upper West Side to Portfolio
- CHICAGO -- Equity Residential (NYSE: EQR) today announced that the company has entered into a contract to acquire three high-rise apartment towers, currently known as Trump Place, located at 140, 160 and 180 Riverside Boulevard on the Upper West Side of Manhattan for approximately $816 million. The properties, which were...
- Research articles 2005-06-20
Additional Resources
- BANK OF NEW YORK, GENERAL MOTORS UNIT REACH SETTLEMENT.(purchase price of Bank of New York's factoring unit acquired by General Motors Acceptance Corp.)(Brief Article)
- NEW YORK-Earlier this month, the Bank of New York Co. Inc. and General Motors Acceptance Corp. agreed to a $110 million settlement relating to claims made by GMAC concerning the purchase price of the the factoring and asset-based business unit of the NEW YORK-Earlier this month,...
- Research articles 2003-10-27
- Identifying Capital and Operating Leases
- Payments for leased corporate assets must be accounted for in financial statements, to accurately reflectthe company's financial obligations. There are two accounting methods, one for each type of lease: "operating" or "capital."The FASB Financial Accounting Standards Board has developed objective criteria to help managers identify the type of lease based...
- Articles 2007-08-13
- Brookfield Asset Management Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you, sir. We will now begin the question-and-answer session. [Operator Instructions]. Our first question today comes from Chris Haley of Wachovia. Brendan Maiorana - Wachovia Hi, good morning guys....
- Earnings calls 2007-11-03
- AMVESCAP Acquires National Asset Management.
- LONDON, ENGLAND--(CCN Newswire, February 28, 2001) AMVESCAP PLC (NYSE:AVZ)(TSE:AVZ.)(LSE:AVZ.)(BOURSE:AVZ.) today announced that it has signed a definitive agreement to acquire National Asset Management Company, a leading U.S. institutional investment cky. National Asset Management will become part of AMVESCAP's U.S.institutional division, INVESCO...
- Research articles 2001-02-28
- Margaux Inc. and Dover Diversified execute asset purchase agreement for sale of business
- CONYERS, Ga.--BUSINESS WIRE--Margaux Inc. announced today that it has signed an Asset Purchase Agreement with MRGX Acquisition Inc. and Dover Diversified Inc. ("Buyer") for the sale of substantially all of the assets of Margaux. Subject to certain adjustments, the purchase price is $11,500,000. Under the terms...
- Research articles 1994-12-09
- Green Mountain Coffee Roasters Announces Asset Purchase Agreement for Acquisition of the Tully's Coffee Brand and Wholesale Business
- West Coast Acquisition to Accelerate GMCR's Geographic Expansion Plans Company Intends to Leverage Full Potential of Complementary Tully's brand to drive Keurig([R]) Single-Cup Brewing system penetration across North America WATERBURY, Vt. -- Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) announced today that the Company has executed an Asset...
- Research articles 2008-09-15
- Plasticolors, Inc., has completed an asset purchase of Ashland Specialty Chemical Company
- Based in Ashtabula, Ohio, Plasticolors, Inc., has completed an asset purchase of Ashland Specialty Chemical Company's Composite Polymers business unit. In the transaction, Plasticolors acquires the Dublin, Ohio-based company's inhibitor solution product lines--known as Modifier E, Modifier H, and Modifier L--and related technologies. (The purchase price was not disclosed.)
- Research articles 2003-05-01
- Taxes And Your Investments
- Whenever you sell an investment at a profit, you will owe the IRS a tax known as a capital gains tax. This is true for most investments, including mutual funds, bonds, options, collectibles, your home, or business. Capital gains are the amount by which an asset's selling price exceeds its...
- White papers 2003-01-01
- Transbotics Enters into a Definitive Asset Purchase Agreement with Automotion Systems Inc
- CHARLOTTE, N.C. -- Transbotics Corporation, (OTCBB: TNSB) (www.transbotics.com), has entered into a Definitive Asset Purchase Agreement with AutoMotion Systems Inc. ("AutoMotion"), which was completed yesterday. Transbotics acquired $167,604 of current assets, including inventory and work in process and $71,898 of fixed, research and development and intangible assets for a total...
- Research articles 2007-04-27
- Dave & Buster's, Inc. Wins Auction and Enters into Asset Purchase Agreement for Mall-Based Jillian's Locations
- DALLAS -- Dave & Buster's, Inc. (NYSE:DAB) announced today that it had entered into a new Asset Purchase Agreement with Gemini Investors III, LP, JBC Acquisition Corporation, Jillian's Entertainment Holdings, Inc. and certain of their respective subsidiary companies, which provides for Dave & Buster's to be the purchaser of the...
- Research articles 2004-09-24
- Jacuzzi Brands, Inc. Commences 'Offer to Purchase' Up to an Aggregate of $47,690,000 Aggregate Principal Amount of its 9 5/8% Senior Secured Notes Due 2010
- NEW YORK -- Offer Price is 100% of Principal Amount Plus Accrued and Unpaid Interest, As Required by the Indenture Governing the Securities Jacuzzi Brands, Inc. ("Jacuzzi") today announced that it has commenced an "asset disposition offer" for the purchase of an aggregate of up to $47,690,000 aggregate principal...
- Research articles 2006-04-11
- Acquiring Intellectual Property and Other Assets Out of a Distressed Company
- "While there may be bargains when acquiring intellectual property and other assets out of a distressed company, a buyer needs to act carefully in such a purchase. The price of the asset and/or its criticality to the core business of the buyer determines how "clean" the transfer of title...
- White papers 2003-01-01
- Discovering the Best: Informational Efficiency and Liquidity of Alternative Trading Mechanisms in Experimental Asset Markets
- Prior research documents that many investors disproportionately hold on to losing stocks while selling stocks which have gained in value. This systematic behavior is labeled the "disposition effect". The phenomenon can be explained by prospect theory's idea that subjects value gains and losses relative to a reference point like the...
- White papers 2002-12-01
- ABN AMRO Bank N.V. Acquires Alleghany Asset Management, Substantially Enhancing Asset Management Position in the US
- Business Editors AMSTERDAM, The Netherlands--BUSINESS WIRE--Oct. 18, 2000 ABN AMRO (NYSE: ABN), a leading international banking group, today announced it has agreed to acquire Alleghany Asset Management, the fund management subsidiary of US-based Alleghany Corporation, for a purchase price of USD 825 million in cash, subject to adjustment...
- Research articles 2000-10-18
- iParty Corp. Reports Agreement to Purchase Two Party City Franchised Stores in Rhode Island
- DEDHAM, Mass. -- iParty Corp. (AMEX: IPT), a party goods retailer that operates 50 iParty retail stores, today reported that it has entered into an Asset Purchase Agreement to purchase two retail stores in Lincoln, Rhode Island and Warwick, Rhode Island, currently operated as Party City franchise stores. The purchase...
- Research articles 2007-08-16
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