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Business News
LDS Businessman McFerson's Affect on Columbus |
Retiring LDS businessman Dimon McFerson has had a
substantial impact on both his company and community. McFerson was
Chairman and CEO of Nationwide Financial Services until his November
retirement, shifting the company's focus significantly during his
eight-year term. But McFerson also made a difference in the Columbus
community, leaving the city with a new building for its Center of
Science and Industry and with an arena for the city's new National
Hockey League expansion franchise, the Columbus Blue Jackets. |
Other Business News
News
Time Changes Radio Station Owner's Opinon of Bonneville International
CHICAGO, ILLINOIS -- Bonneville International Corp., the radio
station conglomerate owned by the LDS Church, purchased classical
radio station WNIB on November 29th from its long-time owner Bill
Florian. But a recent story in the trade magazine Broadcasting &
Cable shows that this wasn't the first time Bonneville had approached
Florian about purchasing the station. Florian was quoted in the
Chicago Sun-Times in 1995, the first time Bonneville sought the
station, as saying, "You could say Tim a guy who loves his Absolut
[vodka] and who loves to spend his Sunday mornings on one of his
three BMW motorcycles. Besides, you can bet your chaps I wouldn't
trust a religious organization as far as I could throw them." |
Voices: Two cents
Broadcasting &Cable 11Dec00 B3 |
I-Link, Inc.'s GateLink called Product of the Year
DRAPER, UTAH -- LDS entrepreneur John Edwards' firm, I-Link was
honored when Internet Telephony magazine named its GateLink product,
Product of the Year in the Service Creation/Enhanced Service Platform
category. GateLink is an "open-application programming interface"
that allows developers to create enhanced voice and data applications
involving voice over the Internet. |
I-Link's GateLink Receives Internet Telephony Magazine's Product of the Year Award
BusinessWire 18Dec00 B4 |
Zions Bancorp. Adds Nine Bank of Hawaii Arizona Branches
HONOLULU, HAWAII -- Zions Bancorp, the former LDS Church-owned bank
holding company now run by LDS CEO Harris Simmons, has purchased nine
Arizona branches from Pacific Century Finncial Corp., parent of Bank
of Hawaii. The branches, located in Phoenix, Scottsdale, Tucson,
Green Valley, Mesa, Prescott and Yuma, service about $225 million in
loans, hold $400 million in deposits and employ 75 people. Zions,
which is three times the size of Pacific Century, will make the
branches part of its National Bank of Arizona, that state's fourth
largest bank. |
Bankoh parent sells 9 branches in Arizona
Honolulu HI Star-Bulletin 28Dec00 B4
By Tim Ruel: Star-Bulletin |
Finance
EarthShell Plans to Sell More Shares
SANTA BARBARA, CALIFORNIA -- EarthShell Corporation, the company run
by LDS entrepreneur Simon K. Hodson, announced in December that it is
trying to sell an additional 15,000,000 shares of common stock. The
company filed a shelf registration statement with the US Securities
and Exchange Commission that would permit the sale. The company
currently has more than 100 million shares outstanding. |
EarthShell Corporation files for Additional Shelf Registration
Business Wire 21Dec00 B2 |
People
Mercury News Profiles BYU Grad Michael Lee
SAN JOSE, CALIFORNIA -- Venture Capitalist Michael Lee was profiled
in a short article in the San Jose Mercury News. Lee, 43, is Managing
general partner of Dominion Ventures, a firm he founded in 1985 which
has grown to include offices in Walnut Creek, Menlo Park and in
Boston. In the interview, Lee predicted that venture capitalists will
not do many new deals in 2001, instead puting funds into the firms
they are already running. |
Dominion Ventures
San Jose CA Mercury News 28Dec00 B2 |
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