BNET Industries
Last Fiscal Year Sales:$73.1M
- Public
- US
Dow Jones Description
Telecommunications Services; 20.3% Owned by Metromedia Company
Chairman of the Board of Directors, President and Chief Executive Officer
Mark HaufNumber of Employees 1,500
Contact Information
8000 Tower Point Dr
Charlotte, North Carolina 28227
(704) 321-7380
Peer Companies
NAICS Code Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing: 333112
News & Analysis
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metromedia international group inc. - All News and Analysis
Metromedia International Group, Inc. Reports Preliminary Magticom Second Quarter 2007 Financial Results
CHARLOTTE, N.C. -- Metromedia International Group, Inc. (the "Company" or "MIG") (PINK SHEETS: MTRMP - Preferred Stock), the owner of interests in communications businesses in the country of Georgia, today releases preliminary financial results for the six months ended June 30, 2007 for its principal core business, Magticom Limited ("Magticom")....
Metromedia International Group, Inc. Announces Appointment of a New Director
CHARLOTTE, N.C. -- Metromedia International Group, Inc. (Pink Sheets: MTRMP)Preferred Stock (the "Company" or "MIG"), the owner of interests in communications businesses in the country of Georgia, announced today that the Company's Board of Directors, acting in accordance with the Company's by-laws, has increased the size of the Board from...
In Open Letter, Fursa Urges Metromedia Stockholders to Continue to Withhold Their Shares from CaucusCom Offer
LYNBROOK, N.Y. -- Fursa Alternative Strategies ("Fursa") today issued the following open letter to Metromedia International Group, Inc. ("Metromedia") stockholders: August 20, 2007 Dear Metromedia Stockholder: As you know, CaucusCom Ventures L.P. and CaucusCom Mergerco Corp ...
Fursa Issues Statement on CaucusCom's Extension of its Tender Offer
Urges Those Who have Tendered to Withdraw Their Shares LYNBROOK, N.Y. -- Fursa Alternative Strategies ("Fursa") today issued the following statement to Metromedia International Group, Inc. ("Metromedia") stockholders: As you may be aware, today CaucusCom Ventures L.P. and CaucusCom Mergerco...
Fursa Reiterates to Metromedia Stockholders Not to Tender to CaucusCom Offer and to Withdraw any Previously Tendered Shares
LYNBROOK, N.Y. -- Fursa Alternative Strategies today sent the following open letter to Metromedia stockholders: August 14, 2007 Dear Metromedia Stockholder: We at Fursa Alternative Strategies ("Fursa") would like to take this opportunity to reiterate our proposal to acquire Metromedia International Group, Inc. ("Metromedia") for $2.05 per...
Fursa Advises Metromedia Shareholders Not to Tender to CaucusCom Offer and to Withdraw any Previously Tendered Shares
LYNBROOK, N.Y. -- Fursa Alternative Strategies today sent the following open letter to Metromedia stockholders: August 10, 2007 Dear Metromedia Stockholder: As you may be aware, Metromedia International Group, Inc. ("Metromedia") has agreed to enter into discussions with Fursa Alternative Strategies ("Fursa") regarding our proposal to acquire...
CaucusCom Urges Metromedia Shareholders to Tender Their Shares Into Its Fully Funded, Premium Tender Offer Scheduled to Expire August 14, 2007
Believes Fursa's Proposal is Incapable of Being Consummated NEW YORK -- CaucusCom Ventures L.P., which has a binding merger agreement with Metromedia International Group, Inc. (Pink Sheets: MTRM), has reviewed the proposal and supporting materials submitted to Metromedia by Fursa Alternative Strategies LLC ("Fursa") and has concluded that Fursa's...
Fursa to Enter into Discussions with Metromedia Regarding $2.05 Per Share Acquisition Proposal
Advises Metromedia Shareholders Not to Tender to CaucusCom Offer Until They Have Had an Opportunity to Review Fursa's Superior Proposal LYNBROOK, N.Y. -- Fursa Alternative Strategies LLC today confirmed that Metromedia International Group, Inc. (Pink Sheets: MTRM) has agreed that, subject to execution of an acceptable confidentiality agreement, it...
Metromedia International Group, Inc. Receives Restated Proposal from Fursa Alternative Strategies LLC; Enters Into Discussions with Fursa
CHARLOTTE, N.C. -- Metromedia International Group, Inc. (the "Company" or "Metromedia") (currently traded as: (PINK SHEETS: MTRM) - Common Stock, and (PINK SHEETS: MTRMP) - Preferred Stock) today announced that on August 6, 2007, the Company received a letter from Fursa Alternative Strategies LLC ("Fursa"), owner of 7,907,610 shares of...
Metromedia International Group, Inc. Determines That Fursa Alternative Strategies LLC's Unsolicited Proposal Cannot At This Time Reasonably Be Expected To Lead To A Superior Proposal
CHARLOTTE, N.C. -- Metromedia International Group, Inc. (the "Company" or "Metromedia") currently traded as: (PINK SHEETS: MTRM) - Common Stock, and (PINK SHEETS: MTRMP) - Preferred Stock today announced that, following an evaluation of the unsolicited alternative proposal submitted on August 1, 2007 by Fursa Alternative Strategies LLC ("Fursa"), owner...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| B. Dean Elledge | Chief Accounting Officer, Vice President & Assistant Treasurer |
| Bryce Dean Elledge | Cao |
| Dean Elledge | Chief Accounting Officer & Vice President |
| Harold F Pyle | Executive Vice President Finance, Chief Financial Officer and Treasurer |
| Natalia Alexeeva | Vice President, General Counsel and Secretary |
| Victor Koresh | Vice President of Operations Russia |
| John W Kluge | |
| John S. Chalsty | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mark Hauf | Chairman of the Board of Directors, President and Chief Executive Officer |
| Alan K. Greene | Board of Directors |
| Clark A. Johnson | Board of Directors |
| David Gale | Board of Directors |
| Leonard White | Board of Directors |
| Stuart Subotnick | Board of Directors |
| Wayne Henderson | Board of Directors |
| William F. Harley | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Chairman of the Board of Directors, President and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Chief Accounting Officer, Vice President & Assistant Treasurer | Current |
| Financial Reporting, Inc | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Cao | Current |
| Financial Reporting, Inc | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Chief Accounting Officer & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Executive Vice President Finance, Chief Financial Officer and Treasurer | Current |
| Global Telesystems, Inc. | Vice President, Finance | Former |
| Global Telesystems, Inc. | Corporate Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Vice President, General Counsel and Secretary | Current |
| Patterson Belknap Webb & Tyler Llp | Associate | Former |
| Clifford Chance Llp | Associate | Former |
| Miti Co | Assistant General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Vice President of Operations Russia | Current |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| PSS World Medical, Inc. | Chairman | Current |
| OptiCare Health Systems, Inc. | Director | Current |
| Brain Twist Inc. | Board of Directors | Current |
| Metromedia International Group, Inc. | Board of Directors | Current |
| Lydian Trust Company | Board of Directors | Current |
| Lydian Wealth Management | Board of Directors | Current |
| Neurologix, Inc. | Director | Current |
| Business Advisors, Inc. | Board of Directors | Current |
| Lydian Bank & Trust | Board of Directors | Current |
| Worldfactory | Board of Directors | Current |
| Pier 1 Imports, Inc. | Chief Executive Officer | Former |
| Pier 1 Imports, Inc. | President | Former |
| MacGregor Golf Company | Co-Owner | Former |
| Imports, Ltd. | Former | |
| American Business Conference | Chairman | Former |
| Pier 1 Imports, Inc. | Chairman of the Board | Former |
Mr. Gale has served as a Director of the Company since June 2004 when the Company appointed him as a Director pursuant to an agreement between the Company and certain holders of the Company s Preferred Stock. He is President of Delta Dividend Group, Inc., an investment firm and an ETP holder on the Archipelago Exchange that invests primarily for its own account in preferred stocks and corporate bonds. Previously, he was a Managing Director at Lehman Brothers where he was responsible for the company s preferred stock sales and trading area. Over the past 10 years, Mr. Gale has served as a Director on the Boards of several publicly traded companies, including Flaherty & Crumrine Preferred Income Funds, four closed-end mutual funds with combined assets of approximately $2.5 billion; Stone Container Corporation, a company in the paper industry with operations in the U.S. and overseas; FreeRealTime.com, an Internet-based financial media company; and Golden State Vintners, a California wine-processing company.
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Muirfield Capital Management, LLC | Chairman | Current |
| Occidental Petroleum Corporation | Board of Directors | Current |
| Republic Property Trust | Board of Directors | Current |
| Metromedia International Group, Inc. | Director | Current |
| NYSE Group, Inc. | Director | Former |
| NYSE Group, Inc. | Vice Chairman | Former |
| AXA Financial, Inc. | Director | Former |
| Harvard Business School | Master of Business Administration | Former |
| University of the Witwatersrand | MSc | Former |
| Columbia University | member | Former |
| Occidental Petroleum Corporation | member | Former |
Mr. White has served as a Director of the Company since 1995. Mr. White has served as President and Chief Executive Officer of Rigel Enterprises, Inc., a management and private investment firm, since July 1997. Prior to that, Mr. White was President and Chief Executive Officer of Orion Pictures Corporation and Metromedia Entertainment Group. Mr. White is Chairman of the Compensation Committee and a member of the Audit Committee.
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Metromedia Company | Executive Vice President | Current |
| The Thelonious Monk Institute of Jazz | General Partner and Executive Vice President of Metromedia Company | Current |
| Bloggingstocks | General Partner and Executive Vice President, Metromedia Company | Current |
| Awte Uk Ltd | General Partner and Executive Vice President, Metromedia Company | Current |
| Carnival Corporation | Lead Director | Current |
| The American Stock Exchange LLC | Current | |
| AboveNet, Inc. | Chairman | Current |
| Awte Uk Ltd | Board of Directors | Current |
| Metromedia International Group, Inc. | Board of Directors | Current |
| The Shubert Organization, Inc | Board of Directors | Current |
| New York Racing Association, Inc. | Vice Chair | Current |
| Carnival Plc | Director | Current |
| Conair Corporation | Director | Current |
| Bloggingstocks | Board of Directors | Current |
| Carnival Corporation | Director | Current |
| New World Symphony | Member | Current |
| Carnival Corporation | Audit Committee Member | Current |
| Central Park Conservancy, Inc | Member | Current |
| Metromedia Company | Chief Operating Officer | Former |
| Metromedia Company | General Partner | Former |
| Metromedia Company | Co-Owner | Former |
| Metromedia Company | Attorney | Former |
| Chernow Communications, Inc | Former | |
| Communications Services, Inc. | Former | |
| S-Board Ltd. | Vice Chairman | Former |
| New York University | Juris Doctorate Degree | Former |
| New York University | Master of Law Degree | Former |
| Brooklyn Law School | Master of Law Degree | Former |
| Baruch College | Bachelor of Business Administration Degree | Former |
Mr. Henderson has served as a Director of the Company since June 2004, when the Company appointed him as a Director pursuant to an agreement between the Company and certain holders of the Company s Preferred Stock. Mr. Henderson is the principal of Capital Dynamics International, a consulting firm focused on the information communications technology sector, providing strategic planning and enterprise solutions for corporate and government clients. Before founding Capital Dynamics in 1990, Mr. Henderson held executive positions with Illinois Bell and AT&T. He was a member of the Special Committee.
| Organization | Position | Status |
|---|---|---|
| Capital Dynamics | Founder | Current |
| Metromedia International Group, Inc. | Board of Directors | Current |
Mr. Harley has served as a Director of the Company since October 10, 2006. Mr. Harley is Co-Portfolio Manager and Chief Investment Officer of Mellon HBV, an investment adviser, and is principally responsible for the investment decisions for Mellon HBV. Before forming Mellon HBV in 2002, Mr. Harley was the Head of Research at Milton Partners LLC. Mr. Harley joined Milton Partners LLC in 1996, where he concentrated on analyzing investment opportunities, developing new investment strategies and managing the overall direction of the risk arbitrage portfolio. Before joining Milton, Mr. Harley was a Vice President and Director of Allen & Company Inc., where he was responsible for the day-to -day management and investment strategies of the arbitrage department with assets under management in excess of $150 million.
| Organization | Position | Status |
|---|---|---|
| Metromedia International Group, Inc. | Board of Directors | Current |
| Integral Systems, Inc. | Board of Directors | Current |
| Milton Partners, LLC | Head of Research | Former |
| Yale University | Bachelor of Arts Degree In Economics | Former |
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