Google gets New
Last Updated on Thursday, 23 September 2010 10:40 Written by External Post Thursday, 23 September 2010 10:40
Netflix coming to Canada? Google Docs coming to Android, iPad Facebook phone rumors Galaxy Tab coming to all four carriers Samsung Galaxy Tab unveiled in New York City IE9 beta takes a bow Twitter redesigns itself Dell unveils convertible Windows 7
Go to Source
Yahoo Pulse
Last Updated on Monday, 7 June 2010 06:00 Written by External Post Monday, 7 June 2010 06:00
Ah, Stevenote day! I am usually lined up outside the Yerba Buena Center by now when Apple CEO Steve Jobs takes the stage but today I am comfortably observing from my New York City office. I both love and hate the hysteria that goes on around an Apple
Go to Source
Google ups its TV bet, invests in Invidi
Last Updated on Wednesday, 5 May 2010 05:21 Written by External Post Wednesday, 5 May 2010 05:21
Google, which is still trying to figure out how to crack the TV business, has invested in a tech firm trying to do the same thing. The search giant is leading a $23 million series D round in Invidi Technologies, a New York City company that works on
Go to Source
50th Anniversary Poster Exhibition & Auction
Last Updated on Monday, 29 March 2010 07:55 Written by a2e Monday, 29 March 2010 07:55
WORLD’S BEST POSTERS ON VIEW:
FOR IMMEDIATE RELEASE:
NEW YORK CITY – On Sunday, May 2, Poster Auctions International will offer more than 500 lots of rare, vintage posters in its 50th semi-annual auction of Art Nouveau and Art Deco masterpieces. As this is its Golden Anniversary auction, only the world’s finest and most important posters were [...]
Go to Source
Harmers International, Inc.: United States, Errors, British Commonwealth & Foreign
Last Updated on Friday, 26 March 2010 10:20 Written by a2e Friday, 26 March 2010 10:20
United States, Errors, British Commonwealth And; Foreign
Apr 13, 2010, 1:00 PM EST
Harmers International, Inc.: New York City, NY, US
Go to Source
Roy Rogers Collection for Auction
Last Updated on Saturday, 20 March 2010 04:00 Written by a2e Saturday, 20 March 2010 04:00
The Roy Rogers Personal Firearms & Hunting Collection will be sold at Brian Lebel’s Old West Auction (www.DenverOldWest.com) at the Denver Merchandise Mart. Roy’s firearms will be sold including his very first belt and double holster rig, made by Ed Gilmore of North Hollywood, CA in 1938, his gold-plated 101 Ranch revolvers, the shotgun he bought off Clark Gable, and one of Dale Evans’ only guns, a pearl handled Colt. The collection includes antique, modern & commemorative firearms. Artifacts supporting Roy’s avid hunting interests will be offered including his favorite hunting ht as well as trophy pieces from his safaris (1950-60’s). Also for sale will be Roy’s classic, 1964 Lincoln Continental convertible and the last motorcycle he owned before retiring from riding, a 1982 V45 Honda, driven only 2,000 miles. The 300+ lot auction includes other fine, Cowboy, Indian and Western art and artifacts and is held in conjunction with a 3-day, 200-dealer, antique & contemporary show for shopping the best of the Western lifestyle (June 25-27). www.DenverOldWest.com
July 14-15th, 2010 – Manhattan – The definitive and final sale of the important and iconic property from the museum will be sold via a partnership with Los Angeles Based High Noon and Christie’s New York City at Christie’s Manhattan location.
American IronHorse Motorcycles Intellectual Property Auction
Last Updated on Monday, 8 March 2010 03:00 Written by a2e Monday, 8 March 2010 03:00
Streambank, LLC, an advisory firm specializing in the sale of intangible assets, today announced that a bid deadline and auction date have been finalized for the sale of the intangible assets of American IronHorse Motorcycles, the Fort Worth, Texas-based volume manufacturer of V-twin motorcycles. Bids may be entered until 5:00 p.m. EDT, Friday, March 19. The auction will commence Tuesday, March 23, at 11:00 a.m. EDT, at the law offices of Greenberg Traurig in New York City. Qualified bidders may participate in the auction by phone.
The assets for sale include all trademarks, including but not limited to, American IronHorse, Texas Chopper, Slammer, Legend, Tejas and Outlaw model names. Also for sale will be the URLs, patents, and all available proprietary motorcycle and parts designs. The company’s data containing contact and valuable demographic information will be available as well.
“American IronHorse offered a unique culture that engendered a loyal following, and thousands of its high-performance models remain on the road today,” said Margaret Birlem, a Partner with Streambank LLC. “We are optimistic about interest in these assets.”
Streambank is an advisory firm specializing in the valuation, marketing, and sales of intangible assets for businesses at all stages. Streambank identifies, preserves, and extracts value for clients through the application of experience, diligence and creativity. The firm’s experience spans a broad range of industries including apparel, automotive, consumer products, food, manufacturing, medical technologies, retail and textiles. Streambank’s recent client engagements include Goody’s Family Clothing, Circuit City Stores and KB Toys. Streambank provides sound advice on value maximization strategies and liquidity options. Streambank is headquartered in Needham, MA. For more information, please visit www.streambankllc.com
Rafaella Commences Modified Dutch Auction Debt Tender Offer
Last Updated on Tuesday, 23 February 2010 04:30 Written by a2e Tuesday, 23 February 2010 04:30
Rafaella Apparel Group, Inc. (“Rafaella”) announced today that it has commenced a “Modified Dutch Auction” tender offer (the “Tender Offer”) to purchase for cash up to an aggregate of approximately $36,380,000 principal amount at maturity (the “Maximum Tender Amount”) but not less than an aggregate of $17,975,000 principal amount at maturity (the “Minimum Tender Amount”) of Rafaella’s 11 1/4% Senior Secured Notes due 2011 (the “Notes”), provided that in no event will Rafaella pay more than $19,100,000 to purchase the Notes, exclusive of accrued interest and costs of the transaction (the “Maximum Aggregate Purchase Price”). The Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on March 19, 2010, unless extended (as such time and date may be extended or earlier terminated, the “Expiration Date”).
Rafaella expects to fund the purchase of the Notes tendered in the Tender Offer with (i) cash on hand and (ii) borrowings to be available upon the closing of the amended and restated credit agreement with HSBC Bank USA, National Association (the “Amended Credit Agreement”) pursuant to which, among other things, the Company’s controlling stockholder or its affiliate will participate in such Amended Credit Agreement by providing up to $10 million in a senior secured term financing. The Company has entered into the Amended Credit Agreement, but the Amended Credit Agreement will not close unless the Company purchases Notes pursuant to the Tender Offer on or before April 2, 2010, in which event the Amended Credit Agreement will close simultaneously with the consummation of the Tender Offer.
Under the “Modified Dutch Auction” procedure, Rafaella is offering to purchase the Notes at a price not greater than $600 nor less than $525 per $1,000 principal amount of such Notes (in multiples of $.25 per $1,000 principal amount) (the “Price Range”). Holders of the Notes will be able to indicate the principal amount of Notes that such holders desire to tender and the price within the Price Range at which they wish to tender such Notes. No tenders will be accepted outside the Price Range.
Rafaella will select a purchase price (the “Purchase Price”) within the Price Range that will allow it to purchase a principal amount at maturity of the Notes that (i) is no less than the Minimum Tender Amount and no greater than the Maximum Tender Amount and (ii) does not exceed the Maximum Aggregate Purchase Price; although the Company may elect not to select the highest Purchase Price at which Notes are validly tendered and not properly withdrawn within the Price Range, even if in selecting such highest Purchase Price the Company would still be able to purchase all of the Notes validly tendered and not properly withdrawn for an amount equal to or less than the Maximum Aggregate Purchase Price.
Only Notes validly tendered at prices at or below the applicable Purchase Price, and not properly withdrawn (if applicable), will be purchased. All Notes will be acquired at the same Purchase Price, and holders who tender Notes that are accepted for payment will also receive accrued and unpaid interest on such Notes from the last interest payment date to, but excluding, the date on which such Notes are purchased. In addition, if the aggregate principal amount of Notes validly tendered, and not withdrawn (if applicable), at or below the Purchase Price on or prior to the Expiration Date exceeds the Maximum Tender Amount or the Maximum Aggregate Purchase Price, then Rafaella will only accept for payment such Notes that are validly tendered at or below the Purchase Price on a pro rata basis from among such Notes validly tendered at or below the Purchase Price. Any Notes not accepted for payment, for any reason, will be returned to their holders at no cost.
Notes tendered may not be withdrawn, provided that if Rafaella modifies the Price Range, the Minimum Tender Amount, the Maximum Tender Amount and/or the Maximum Aggregate Purchase Price of the Tender Offer (other than a 2% or less increase in the percentage of Notes sought) or is otherwise required by law to permit withdrawal, then previously tendered Notes may be validly withdrawn and the Tender Offer will be extended, if necessary, so that it remains open for at least 10 business days following notification of such modification to holders of the Notes.
As of February 22, 2010, there were $71,861,000 aggregate principal amount at maturity of the Notes outstanding. The Minimum Tender Amount and the Maximum Tender Amount represent approximately 25% and 50.6% of the aggregate principal amount at maturity of the outstanding Notes, respectively.
The Tender Offer and Rafaella’s obligation to purchase and pay for the Notes validly tendered is conditioned upon at least the Minimum Tender Amount being validly tendered within the Price Range and the other conditions to the Tender Offer set forth in the Tender Offer to Purchase and accompanying Letter of Transmittal either being satisfied or waived on or prior to the Expiration Date. If any of the conditions are not satisfied or waived, Rafaella is not obligated to accept for payment, purchase, or pay for, and may delay the acceptance for payment of, any tendered Notes, in each event, subject to applicable laws, and may terminate the Tender Offer.
Rafaella reserves the right, subject to applicable law, to extend, withdraw or terminate the Tender Offer. Further, Rafaella reserves the right to modify the Price Range, the Minimum Tender Amount, the Maximum Tender Amount and/or the Maximum Aggregate Purchase Price in its sole discretion.
This press release is neither an offer to purchase nor a solicitation to buy any of the Notes nor is it a solicitation for acceptance of the Tender Offer. Rafaella is making the Tender Offer only by, and pursuant to the terms of, the Tender Offer to Purchase and the related Letter of Transmittal. The Tender Offer is not being made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
The complete terms and conditions of the Tender Offer are set forth in the Tender Offer to Purchase and Letter of Transmittal that is being sent to holders of the Notes. Holders are urged to read the Tender Offer documents carefully when they become available. Copies of the Tender Offer to Purchase and Letter of Transmittal may be obtained from the Information Agent for the Tender Offer, MacKenzie Partners, Inc. at (800) 322-2885 (toll free) or (212) 929-5500 (collect).
Lazard Middle Market LLC is the Dealer Manager for the Tender Offer. Questions regarding the Tender Offer may be directed to the Dealer Manager at (212) 758-8575 (collect). The Depositary for the Tender Offer is The Bank of New York Mellon.
About Rafaella Apparel Group, Inc.
Rafaella, together with its subsidiaries, is a wholesaler, designer, sourcer, marketer and distributor of a full line of women’s career and casual sportswear separates sold primarily under the Rafaella brand and private label brands of our customers. The Company’s products are sold to department, specialty and chain stores and off-price retailers located throughout the United States of America. For more information, visit www.rafaellasportswear.com.
Read The Rest Of This...
AT&T resumes online iPhone sales in NY
Last Updated on Tuesday, 29 December 2009 12:45 Written by External Post Tuesday, 29 December 2009 12:45
AT&T has resumed selling iPhones through its Web site to New York City customers, with no indication as to what prompted the halt. Over the holiday weekend, through AT&T’s Web site were left out in the cold. Making matters worse, explanations ranged from
Go to Source
