BNET Industries
Market Cap:$234.0M
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 qwest communications inc. - All News and Analysis
Qwest urges FCC to impose restrictions on merging firms
- 2005-10-13
DENVER -- Qwest Communications officials pressed their case Wednesday for the government to impose restrictions on two telecommunications mergers, reiterating their contention the pending deals could hurt competition and raise prices. As proposed, the unions of SBC Communications Inc. and AT&T and Verizon Communications Inc. and MCI Inc....
Qwest Communications Statement Regarding MCI Merger Vote
- 2005-09-27
DENVER -- Qwest Communications International Inc. (NYSE:Q) issued the following response to published reports that it might reconsider bidding for MCI Corp.
When the Chase is Over ... and other items of M&A news
- 2005-05-30
Qwest Ends Pursuit of MCIIn response to speculation that Qwest might make a renewed bid for MCI, Qwest Chief Executive Dick Notebaert stated that Qwest's pursuit of MCI is finished. "We're not looking at MCI; that's over," he told company shareholders at the company's annual meeting.Qwest intends to move forward...
Fun At The FCC With Verizon And MCI
- 2005-05-11
The FCC staff will be quite busy this week because today (May 9) is the first due date for all initial public comments and petitions in the approval process on the proposed Verizon-MCI merger. Tomorrow (May 10) is the deadline for the follow-up responses and oppositions to...
MCI spurns Qwest, accepts Verizon offer.(News)
- 2005-05-09
MCI Inc.'s board of directors accepted a revised acquisition offer from Verizon Communications Inc. that raised the previous offer from $23.50 per share to $26 per share and increased the total value from $7.8 billion to $8.5 billion. MCI had previ MCI Inc.'s board...
Qwest Responds to MCI's Endorsement of Verizon's Latest Bid
- 2005-05-02
DENVER -- The following statements can be attributed to Qwest Communications International Inc. (NYSE: Q):
MCI Shareholders Support Qwest's Offer for MCI in Recent Survey
- 2005-04-29
DENVER -- Qwest Communications International Inc. (NYSE: Q) today announced that in a survey conducted by Qwest's proxy solicitor, MCI shareholders claiming to hold over 50 percent of MCI outstanding shares, believe that Qwest's $30 per share bid for MCI is superior, even if Verizon were to increase its offer...
Schaeffer's Midday Options Update Features Qwest Communications International, MCI Inc., DoubleClick, International Securities Exchange, and SanDisk
- 2005-04-25
CINCINNATI -- In the first graph, first sentence, the stock exchange for MCI Inc. should read (NASDAQ:MCIP) (sted (NYSE:MCIP)). The corrected release reads: SCHAEFFER'S MIDDAY OPTIONS UPDATE FEATURES QWEST COMMUNICATIONS INTERNATIONAL, MCI INC., DOUBLECLICK, INTERNATIONAL SECURITIES EXCHANGE, AND SANDISK Today's Schaeffer's Midday Options Update features Qwest Communications...
Qwest Vs. Verizon: The Ongoing Battle for MCI
- 2005-04-18
Telecommunications company MCI Inc. has been at the center of an ongoing bidding war between Verizon Communications and Qwest Communications International. Over the past two months, MCI has consistently chosen Verizon over Qwest, even with Verizon making lower bids, but Qwest has continued the fight.
US stocks drive down on Ford warning
- 2005-04-11
NEW YORK AFP — US stocks skidded lower with a profit warning from Ford unnerving investors ahead of a heavy week of corporate earnings reports. The Dow Jones Industrial Average fell 12.78 points (0.1 percent) to close at 10,448.56, while the tech-heavy Nasdaq index lost 7.23 points (0.4 percent)...
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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