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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mci inc. and news corp. - All News and Analysis
For sale, a line of $1.2bn News prefs - 9pc off!
Feb 22, 2002 The Sydney Morning Herald ABIX via COMTEX -- US telco, Worldcom MCI, is looking to sell $A1.2bn worth of preference shares in media group, News Corporation. On 21 February 2002, brokers JP Morgan, Salomon Smith Barney, Goldman Sachs and Deutsche Bank,...
News counts cost of new scrip.
Feb 23, 2002 The Australian ABIX via COMTEX -- News Corporation shares slumped on 22 February 2002, after the sale of $1.3 billion of its preferred shares. The shares had been issued by News Corp to US-based MCI WorldCom as part of a settlement...
New York-Based Web Firm Presses On While Other Internet Companies Collapse.
By Rachel Scheier, Daily News, New York Knight Ridder/Tribune Business News Apr. 16--On the spring day two years ago Scott Kurnit took his start-up, The Mining Company, public and added a quick $50 million to his net worth, he stared out his 24th...
EchoStar Communications Corporation Completes Acquisition of Assets from News Corporation, MCI WorldCom
LITTLETON, Colo.--BUSINESS WIRE--June 24, 1999--
Evening Standard, London, Asia View Column.
Knight Ridder/Tribune Business News Apr. 9 -- CHINA COULD REKINDLE MURDOCH-BT FLIRTATION: Rupert Murdoch's News Corporation swapped one US telecoms group for another in this week's $2.1 billion (UKpound 1.3 billion) deal with AT&T affiliate Liberty Media, but of more interest in London will...
The Department of Justice last week encouraged the FCC to approve EchoStar's acquisition of News Corp. and MCI WorldCom's direct broadcast satellite assets.
Approval of EchoStar's request "promises to facilitate new and potentially significant competition between DBS and cable providers, thereby benefiting consumers of [multichannel] services," Justice wrote in a filing to the commission. The Approval of EchoStar's request "promises to facilitate new and potentially significant...
EchoStar Communications Corporation Announces Agreement to Acquire Assets From News Corporation, MCI; EchoStar Plans to Launch Two High-Powered Loral Satellites in 1999
LITTLETON, Colo.--BUSINESS WIRE--Nov. 30, 1998--EchoStar Communications Corp., "EchoStar," (Nasdaq:DISH, DISHP), News Corporation Limited (NYSE:NWS) and MCI Telecommunications Corporation/WorldCom (Nasdaq:WCOM) today announced an agreement for the transfer to EchoStar of the license to operate a high-powered DBS business at the 110 degrees West Longitude orbital location consisting of 28 frequencies and...
News Corporation & MCI Worldcom in Satellite & DBS Agreement with EchoStar Communications Corporation
NEW YORK--BUSINESS WIRE--Nov. 30, 1998--The News Corporation Limited (NYSE:NWS, NWS/A), MCI Worldcom (Nasdaq:WCOM) and EchoStar Communications Corporation (Nasdaq:DISH, DISHP) today announced that they have entered into an agreement pursuant to which News Corporation and MCI will transfer to EchoStar a license for 28 DBS frequency channels at 110 Degrees West...
Primestar Scraps Dbs
Primestar will focus on enlarging its medium-power business following decision not to acquire DBS assets from American Sky Bcstg., executives said. It called off $1.1 billion deal to acquire slot and satellites at 110 degrees from American Sky Bcstg. ASkyB, venture of MCI WorldCom and News Corp., under pressure from...
Media advice costs Milken $47 million.
Threatened with a return to jail, former junk-bond king and Drexel Burnham Lambert executive Michael Milken last week agreed to pay $47 million to settle Securities and Exchange Commission charges that he violated probation by advising News Corp. and Ronald Perelman in financial transactions. ...
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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