BEVERLY HILLS, Calif. -- UTStarcom (NASDAQ:UTSI) announced today that it has reached an agreement to divest its Mobile Solutions Business Unit ("MSBU") to OpenGate Capital, LLC. OpenGate's managing partner Andrew Nikou stated, "This is a very positive step for OpenGate Capital. The transaction between OpenGate and UTStarcom is indicative of...
LOS ANGELES -- OpenGate Capital, LLC, a private investment firm focused on acquiring and operating stand-alone businesses, has acquired Morse France SAS from Morse plc. Morse SAS is an information technology consulting and services business with FY 05 revenues of approximately 55 Million Euros and a forecast of 71 Million...
Julia Boorstin submits: No, I don't mean that a copy of TV Guide sold for $1 at the grocery store checkout, I mean that the company that publishes TV Guide sold for a single dollar, just a fraction of the actual magazine's newsstand price. Sound implausible that the...
SANTA CLARA, Calif. -- Macrovision Solutions Corporation (NASDAQ: MVSN) today announced that it has reached an agreement to sell its TV Guide Magazine property to OpenGate Capital. The transaction is expected to close approximately December 1, 2008. The completion of the transaction is subject to customary closing conditions but is...
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