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BNET Business Dictionary
- Escrow
- an agreement between two parties which holds that something, such as a good, document, or amount of money should be held for safekeeping by a third party until certain conditions...
- Escrow definition on BNET »
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- Correction: Lawsuit filed against Arab Bank
- A lawsuit filed by Shurat HaDin of the Israel Law Center against the Arab Bank is still in the discovery phase and seeks no specific amount of damages. Arab Bank assets totaling $450 million were held in escrow by the U.S. Department of Treasury during a regulatory investigation...
- Research articles 2007-04-28
- Yale Mortgage taps GMS solution
- Miami-based Yale Mortgage Corporation has selected Lakewood, Colorado-based Guardian Mortgage Services' (GMS') outsource solution to bolster its backroom operations, GMS announced. The selection of GMS will immediately expand Yale Mortgage's closing capacity to support its existing growth and ensure capacity for the increasing volume, according to Woody Kahn, chief...
- Research articles 2006-09-01
- Real Estate Indicators Mixed in April, Says Kalman
- BONSALL, Calif. -- Improvement in the North San Diego County real estate market was evident in April, Jerry Kalman, Prudential California Realty, reported today. "The time a Fallbrook/Bonsall home remained on the market before entering escrow dropped and the average selling price per square foot increased along with the...
- Research articles 2006-05-04
- Hollinger Inc. to Escrow Certain Funds from Telegraph Group Proceeds.
- TORONTO, ONTARIO, Jan 14, 2005 CCNMatthews via COMTEX Hollinger Inc. ("Hollinger") (TSX:HLG.C)(TSX:HLG.PR.B) today announced that its Board of Directors has determined that it is in the best interest of Hollinger's shareholders that certain of the funds Hollinger will receive from Hollinger International Inc. ...
- Research articles 2005-01-15
- Hollinger Inc. to Escrow Certain Funds from Telegraph Group Proceeds
- TORONTO -- Hollinger Inc. ("Hollinger") (TSX:HLG.C)(TSX:HLG.PR.B) today announced that its Board of Directors has determined that it is in the best interest of Hollinger's shareholders that certain of the funds Hollinger will receive from Hollinger International Inc. ("HII") relating to the sale of The Telegraph Group be...
- Research articles 2005-01-14
- Investments & Finance
- VALLEY ECONOWATCH GENERAL INDICATORS ...
- Research articles 2003-06-23
- Caterpillar engine fines climb
- Firm Puts $87 Mil. in Escrow for Exceeding EPA LimitsFirm Puts $87 Mil. in Escrow for Exceeding EPA Limits
- Research articles 2003-07-21
- Tri-National Announces Shopping Center Sales and Leases
- SAN DIEGO--BUSINESS WIRE--Dec. 16, 1999-- Tri-National Development Corp. (OTC BB:TNAV) announced today that through its majority-owned Mexican subsidiary, Tri-National Holdings, S.A. de C.V., it has executed 56 contracts for its shopping center, Plaza del Sol, to retail firms including Tel Cel, Banco Bital, Pegasso, Burger King and a cinema...
- Research articles 1999-12-16
- Charger Energy Inc. Announces Terms of Proposed Acquisition
- CALGARY, Alberta--BUSINESS WIRE--Oct. 22, 1999-- Charger Energy Inc. (Alberta Stock Exchange:CHC.) ("Charger") announces that the terms of the previously announced proposed acquisition of an equity stake in Midwest Energy Holding Corporation ("Midwest") and Parke Energy L.L.C. ("Parke") are being renegotiated. The terms of the new agreement are subject...
- Research articles 1999-10-22
- Tarrant Apparel Group Completes Purchase of Denim Mill
- LOS ANGELES--BUSINESS WIRE--April 5, 1999--Tarrant Apparel Group (Nasdaq:TAGS), today announced that it has completed the purchase of the assets of an eighteen million meter annual capacity denim mill located in Puebla, Mexico for 2,000,000 shares of Tarrant common stock and $22 million in cash payable on May 6, 1999. The...
- Research articles 1999-04-05
- Newhall Land to Sell 33-Acre Commercial Site; Sale Expected to Generate Revenues of $31.8 Million and Earnings of Approximately $18.8 Million in 1999
- VALENCIA, Calif.--BUSINESS WIRE--March 17, 1999--The Newhall Land and Farming Co. (NYSE:NHL) (PSE:NHL) announced that escrow has opened on a 32.85-acre site approved for 900 luxury apartments in South River adjacent to Valencia Town Center for $31.8 million. The sale is expected to generate earnings of approximately $18.8 million in...
- Research articles 1999-03-17
- Hartcourt to Sell ECS to Management
- LOS ANGELES--BUSINESS WIRE--Dec. 21, 1998--The Hartcourt Companies Inc. (OTC BB:HRCT) Monday announced the opening of an escrow to sell 100 percent of Electronics Components and Systems Inc. ECS to James Pruzin, current president of ECS and its former owner. According to the terms of the agreement, Pruzin will pay...
- Research articles 1998-12-22
- EuroMed to Acquire Privately Held Tejas Securities Group Inc. of Austin, Texas
- DALLAS--BUSINESS WIRE--July 28, 1998--EuroMed (NASDAQ:EMED) announced today that it has reached an agreement to acquire privately held Tejas Securities Group Inc. of Austin, Texas, for 8.3 million shares of EuroMed Class B Common Stock.EuroMed currently has 1,407,000 shares of Class A Common Stock outstanding and outstanding options to purchase 300,000...
- Research articles 1998-07-28
- ITC Microcomponents Receives Approval on Escrowed Shares
- VANCOUVER, British Columbia--BUSINESS WIRE--Oct. 7, 1996--ITC MICROCOMPONENTS (VSE:ICS.) ITC Microcomponents Inc. announced today that the Company has received final approval for the transfer within escrow of 917,500 escrowed shares of the company to Mr. Derek Spratt. Further to the company's news release dated June 10, 1996, the...
- Research articles 1996-10-07
- United States Exploration, Inc. announces reaching minimum in its private placement
- INDEPENDENCE, Kan.--BUSINESS WIRE--Oct. 2, 1996--UNITED STATES EXPLORATION, INC. (NASDAQ: USXP) announced today that effective September 30, 1996, the Company has placed the minimum requirement of 1,000,000 shares of its Series C Preferred Stock to certain current shareholders of the Company. Under the terms of the Private Placement...
- Research articles 1996-10-02
- APAC Telecommunications Corp. — Pooling Agreement Amended
- VANCOUVER, British Columbia--BUSINESS WIRE--March 29, 1996-- APAC TELECOMMUNICATION (VSE: APA) APAC Telecommunications Corp. (the "Company") announced today that the Voluntary Pooling Agreement among itself, Montreal Trust Company and certain founding shareholders of the Company has been amended to permit the immediate release of the remaining 1,548,312 Common shares in the...
- Research articles 1996-03-29
- H-L Corp. Announces The Completion In Escrow Of The Acquisition Of Ball Resource Services Ltd
- RICHMOND HILL, Ontario--BUSINESS WIRE--March 7, 1996--H-L CORP. (NASDAQ LEVEL "3" & THE CANADIAN DEALING NETWORK: HHHL) ("the Company") is pleased to announce the completion in escrow of the acquisition of Ball Resource Services Ltd., a private British Columbia corporation which held title to two Claim Blocks totalling 1,047 hectares in...
- Research articles 1996-03-07
- Re: Global Investments C.V. Acquires 1,000,000 Common Shares Of Southview Capital Corp
- TORONTO, ONTARIO--BUSINESS WIRE--Dec. 1, 1995--GLOBAL INVESTMENTS C.V Global Investments C.V. (the "Offeror") wishes to announce that it has acquired 1,000,000 common shares of Southview Capital Corp. ("Southview") pursuant to the transfer within escrow of shares from Michael Wilson to the Offeror. Following completion of the transfer, the...
- Research articles 1995-12-01
- Rainmaker Digital Pictures Corp. has received final approval for Special Warrants
- VANCOUVER, B.C.--BUSINESS WIRE--DECEMBER 6, 1995--Rainmaker Digital (ME: RNK) Rainmaker Digital Pictures Corp. is pleased to announce that it has received final regulatory approval from all jurisdictions for the distribution of the 2,580,645 special warrants sold on August 29, 1995 for gross proceeds of $8,000,000. The net proceeds, which will...
- Research articles 1995-12-06
- Pacific Gateway Properties Announces Entering into Escrow for Sale of Radisson Hotel for $21.3 Million and Waiver of Default on Debt
- SAN FRANCISCO--BUSINESS WIRE--Feb. 14, 1996--Pacific Gateway Properties (PGP-AMEX) announced today that the buyer for PGP's Radisson Suites Hotel in Tucson, Arizona, completed its due diligence process, clearing the way for the completion of the sale. Under the terms of the sale agreement, PGP exercised its option to extend the...
- Research articles 1996-02-14
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