RealD Announces Pricing of IPO

RealD Inc. announced the pricing of its initial public offering of 12,500,000 shares of common stock at $16.00 per share. According to the statement, the shares are expected to begin trading July 16, 2010 on the New York Stock Exchange under the symbol “RLD”. Of the shares of common stock in the offering, RealD is …

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Moser Baer Loss Deepens

Moser Baer India Ltd announced audited financial results for its year ended March 31, 2010. According to the statement, the company posted a net loss of Rs 362.10 million (USD $7.75 million) for the year ended March 31, 2010 as compared to net loss of Rs 1508.80 million (USD $32.28 million) for the year ended …

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Public Media Works Seeks to Acquire Videomatic Canada

Public Media Works, Inc. announced that it has signed a Letter of Intent to acquire Mediamatic Ventures, Inc. (dba Videomatic Canada), based in Cochrane, Alberta, Canada. According to the statement, Videomatic Canada has the second largest Canadian network of kiosks that rent and sell DVD movies and video games. The companies anticipate the definitive agreement …

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Dow Sells Styron Plastics Division for $1.63 Billion

The Dow Chemical Company and Bain Capital Partners announced that they have closed the sale of Dow’s Styron Division to an affiliate of Bain Capital. According to the statement, Dow has elected to retain a 7.5% equity position in Styron, which is now a privately held, global materials company. Also included in the transaction are …

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Movie Gallery Canada Closing All 181 Stores

Movie Gallery Canada, Inc. announced that it will be liquidating inventory and other assets at all of its Movie Gallery and VHQ stores over the next six to eight weeks. According to the statement, all of its stores are scheduled to close on or before July 31, 2010, with the exact timing of individual store …

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Movie Gallery Canada Closing 131 Stores

Movie Gallery Canada announced that it will be closing 131 Movie Gallery and VHQ stores throughout Canada beginning Saturday, June 12, 2010. According to the statement, consumers can expect to find everything in the closing stores, including DVD and Blu-ray movies, video games and store fixtures at discounts beginning at up to 30% off. The …

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