Camelot Corp.’s Camelot Entertainment unit got commitments that should equal about $ 1.5 million in orders for its children’seducational computer software and videos. The company said it received the commitments for the software at the recent ARMS Retail Promotion Show in Chicago.
* * *
Virgin Interactive Entertainment PLC said it has filed with the Securities & Exchange Commission for a proposed offering of American Depositary Shares, with each ADS representing one ordinary share of Virgin Interactive. The proposed offering includes 1 million ADS to be sold by the company and 850,000 to be sold by certain shareholders. The company said it has applied to get the ADS listed on Nasdaq.
* * *
Adelphia Communications Corp. said its exchange offer of $ 110 million in principal amount of its registered 10.25% senior notes due 2000, series B, for $ 110 million of its outstanding 10.25% senior notes due 2000, series A, was completed on Feb. 7. Adelphia said it has accepted the tender of $ 110 million in aggregate principal amount of its series A, or old notes. In accordance with the exchange offer, the series B, or new notes, will bear interest at a rate of 10.25% a year from Feb. 10, their date of issuance.