BNET Industries
Market Cap:$66.2M
Last Fiscal Year Sales:$93.6M
- Public
- US
Dow Jones Description
This company has been mobbed by customers. Founded in 1996 and headquartered in Rye, NY, Lynch Interactive Corp. (OTC: LICT) is a telecommunications and multimedia company providing services such as call forwarding, conference calling, caller ID, voicemail, Internet access and call waiting. Additionally, it owns interests in various television stations in the Midwest. The company had 2005 revenue of about $93.7 million and employs approximately 400 people. In January 2006, the company acquired the 17% minority interest in Lynch Telephone Corporation from the management of Western New Mexico Telephone Company Inc. To effectuate the transaction, the company acquired the remaining 63% interest in KMG, increasing its holding to 100%.
Number of Employees 356
Peer Companies
NAICS Code Television Broadcasting: 515120
News & Analysis
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lynch interactive corp. - All News and Analysis
Lynch Interactive Corporation Announces the Results of Its Annual Meeting
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]):LICT) announced today the results of its annual meeting of shareholders. The meeting was held at the Greenwich Library, Greenwich Connecticut. The two proposals made by the Board of Directors in the Proxy Statement were adopted by shareholder vote. First, a Board...
Lynch Interactive Corporation Announces the Results of Its Annual Meeting
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]): LICT) announced today the results of its annual meeting of shareholders. The meeting was held at the Greenwich Library, Greenwich, Connecticut. The two proposals made by the Board of Directors in the Proxy Statement were adopted by shareholder vote. First, a...
Thomas J. Hearity is Named Vice President of Administration, General Counsel and Corporate Secretary of Lynch Interactive
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]): LICT) announced today that Thomas J. Hearity, formerly Deputy General Counsel and Chief Compliance Officer of Celanese, Corporation. has been appointed as Vice President of Administration, General Counsel and Corporate Secretary of Lynch Interactive Corporation. "I am very pleased to have...
Lynch Interactive Corporation Announces Its Annual Meeting Date
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets: LICT) announced today that it has set the date for an Annual Meeting of the Shareholders as Friday, January 26, 2007. The record date for the meeting is December 29, 2006. The meeting will take place at 9:00 A.M. Eastern Standard Time...
Lynch Interactive Reaffirms Two Strategic Initiatives
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]): LICT) reaffirmed at a Board meeting yesterday its plans to distribute certain of its non-core assets to its shareholders in a separate vehicle Project SpinCo. In addition, the Company reiterated that it was exploring a Rights Offering to its shareholders which would...
Lynch Interactive Corporation Announces New Director, Alfred W. Fiore
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]): LICT) announced today that Alfred W. Fiore has agreed to join the Company's Board of Directors. After spending 25 years with the accounting firm of KPMG, LLC, Mr. Fiore is currently a senior consultant with The Ross Companies, where he works...
Lynch Interactive Announces Third Quarter Earnings
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]): LICT) announced today its third quarter earnings results see the attached summary. THIRD QUARTER RESULTS During the third quarter of 2006 our revenues were $24.8 million, as compared to $24.2 million in the third quarter of 2005. EBITDA (earnings before...
Lynch Interactive Corporation to Have Shareholder Conference Call
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets([R]):LICT) announced that it will hold a shareholder conference call at 10:00 a.m. EST on Friday, November 3, 2006 to provide an update on the current dynamics within the company including second quarter 2006 financial results, which were released on August 30, 2006....
Lynch Announces New Director
RYE, N.Y. -- Lynch Interactive Corporation (Pink Sheets: LICT) is pleased to announce that Gary L. Sugarman has joined our Board of Directors. Gary was previously President of Brighton Communications from 1991 to 1993, and was instrumental in the acquisitions of Upper Peninsula Telephone Company, J.B.N. Telephone Company, and Bretton...
Lynch Interactive Announces Second Quarter Earnings
RYE, N.Y. -- Lynch Interactive Corporation (Pink SheetsR: LICT) announced today its second quarter earnings results see the attached summary. SECOND QUARTER RESULTS During the second quarter of 2006, bolstered by the inclusion of Cal-Ore Telephone Company which was acquired on August 29, 2005 and contributed $1.7 million...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mario J. Gabelli | CEO |
| John Barnicle | President |
| Joseph C. Farina | President & COO |
| Robert E. Dolan | CFO |
| Evelyn C. Jerden | Senior Vice President, Operations |
| John A. Cole | General counsel, Vice President & Secretary |
| John Fikre | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Daniel R. Lee | Board of Directors |
| John C. Ferrara | Board of Directors |
| Lawrence R. Moats | Board of Directors |
| Morris Berkowitz | Board of Directors |
| Paul J. Evanson | Board of Directors |
| Salvatore Muoio | Board of Directors |
Mario J. Gabelli has served as our chairman of the board since our inception. Since its inception in May 2008, Mr. Gabelli has also served as chief executive officer of Greenwich PMV Acquisition Corp. Mr. Gabelli has served as chairman, chief executive officer, chief investment officer-value portfolios and a director of GAMCO Investors, Inc., a widely-recognized provider of investment advisory services to mutual funds, institutional and high net worth investors, and investment partnerships, principally in the United States, since November 1976. In connection with those responsibilities, he serves as director or trustee of registered investment companies managed by GAMCO and its affiliates ( Gabelli Funds ). Mr. Gabelli also serves as chairman of LICT Corporation, a public company engaged in multimedia and other services; chairman of CIBL, Inc., a holding company with operations in broadcasting and wireless telecommunications; and chairman and chief executive officer of Morgan Group Holdings, Inc., a public holding company. In addition, Mr. Gabelli is the chief executive officer of GGCP, Inc., a private company which owns a majority of GAMCO s Class B Stock; and the chairman of MJG Associates, Inc., which acts as a general partner or investment manager of various investment funds and other accounts. He also serves as Overseer of Columbia University Graduate School of Business; Trustee of Boston College, Roger Williams University and Winston Churchill Foundation; Director of the National Italian American Foundation, The American-Italian Cancer Foundation, The Foundation for Italian Art & Culture and the Mentor/National Mentoring Partnership; and former Chairman, Patron s Committee for the Immaculate Conception School.
| Organization | Position | Status |
|---|---|---|
| Greenwich PMV Acquisition Corp. | Chief Executive Officer | Current |
| Lynch Interactive Corp. | CEO | Current |
| GAMCO Investors, Inc. | Director and Chief Investment Officer | Current |
| Fairfield University | Trustee | Current |
| The American Stock Exchange LLC | Governor | Current |
| Roger Williams University | Trustee | Current |
| Columbia Business School | Overseer | Current |
| The Overseer | Current | |
| Lynch Interactive Corp. | Chairman | Current |
| Lict Corporation | Chairman | Current |
| The Winston Churchill Foundation | Board of Directors | Current |
| Lgl Group Inc | Vice Chairman | Current |
| Fairfield University | Board of Directors | Current |
| Roger Williams University | Board of Directors | Current |
| Caymus Partners, LLC | Board of Advisors, Member | Current |
| Morgan Group Holding Co | Director | Current |
| GAMCO Investors, Inc. | Chairman, Chief Executive Officer | Former |
| GAMCO Investors, Inc. | Chairman of The Board and Chief Investment Officer | Former |
| New York Society of Security Analysts | Officer | Former |
| HealthpointCapital LLC | Former | |
| GAMCO Investors, Inc. | Board of Directors | Former |
| Roger Williams University | Doctorate Degree | Former |
| Columbia University | MBA | Former |
| Roger Williams University | MBA Degree | Former |
| Fordham University | Graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | President | Current |
| Lynch Interactive Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | President & COO | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | CFO | Current |
| Lynch Interactive Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Senior Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | General counsel, Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Board of Directors | Current |
Mr. Evanson has been Chairman of the Board, President, Chief Executive Officer and a director of the Company since June 2003. Mr. Evanson is the Chair of the Executive Committee. He has also been Chairman, Chief Executive Officer and a director of the Company s principal subsidiaries since June 2003. Prior to joining the Company, Mr. Evanson was President of Florida Power & Light Company, the principal subsidiary of FPL Group, Inc., and a director of FPL Group, Inc. from 1995 to 2003. He is a member of the Board of Trustees at St. John s University.
| Organization | Position | Status |
|---|---|---|
| Allegheny Energy, Inc. | Chairman, President and Chief Executive Officer | Current |
| Florida Reliability Coordinating Council, Inc. | Chairman | Current |
| Lynch Interactive Corp. | Board of Directors | Current |
| Florida Power & Light Company | President | Former |
| FPL, LLC | President | Former |
| Florida Power Corp | President | Former |
| FPL Group, Inc. | Chief Financial Officer | Former |
| Arthur Andersen LLP | Audit and Tax Manager | Former |
| FPL Group, Inc. | principal subsidiary | Former |
| FPL Group, Inc. | Director | Former |
| Allegheny Energy, Inc. | Board of Directors | Former |
| Lynch Interactive Corp. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Lynch Interactive Corp. | Board of Directors | Current |
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