Newspaper article The Florida Times Union

Morning Briefs

Newspaper article The Florida Times Union

Morning Briefs

Article excerpt

ALLTEL SHAREHOLDERS APPROVE $24.7B BUYOUT

Alltel Corp. shareholders overwhelmingly approved a $24.7 billion buyout Wednesday that put the wireless company in the hands of two private investor groups.

Chief Executive Scott Ford presided over the two-minute meeting, which he described as "our final shareholders meeting."

Alltel has been the subject of takeover rumors for years. The company announced in February that it was undertaking a "strategic review," signaling the fifth-largest U.S. wireless company was in play.

The buyout must still be approved by the Federal Communications Commission. The sale should close by the end of the year, Alltel spokesman Andrew Moreau said.

FBI INVESTIGATING RASH OF BOMB THREATS AT STORES

Large grocery and discount stores across the country have been targeted by a caller who threatens to blow up shoppers and workers with a bomb if employees fail to wire money to an account overseas, authorities said.

Frightened workers have wired thousands of dollars - and in one case took off their clothes - to placate a caller who said he was watching them but may have been thousands of miles away. The FBI and police said Wednesday they are investigating similar bomb threats at more than a dozen stores in at least 11 states - all in the past week.

No one has been arrested, no bombs have been found, and no one has been hurt, though the calls have triggered store evacuations and prompted lengthy sweeps by police and bomb squads.

In Newport, employees at a Wal-Mart got three calls Tuesday morning and wired three payments totaling $10,000 to an account out of the country, Sgt. James Quinn said.

PHILIP MORRIS UNIT MOVE TO COST NYC 400 JOBS

The Marlboro man is packing his saddle bags.

With the announcement Wednesday that it would spin off its Philip Morris International cigarette business, Altria Group Inc. moved forward on a plan that will ultimately put the biggest seller of Marlboro brand cigarettes in Lausanne, Switzerland. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.