You will be redirected back to your article in seconds

Financial Briefs

Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events.

The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also has satellite offices in Boston and Stamford, Conn.

In a press release, Inacom said it expects a fourth-quarter nonrecurring, after-tax charge of $1 million to $1.25 million for certain costs and expenses in connection with the transactions.

The Intl. Assn. of Machinists and Aerospace Workers filed a libel action against Walt Disney Pictures & Television Inc. seeking $50 million in compensatory damages, punitive damages and other relief for ”injuries to its reputation” resulting from the film ”Ransom.”

In a press release, the union said the suit, filed in Maryland Circuit Court in Prince Georges County, was based on a character who is ”clearly described as a corrupt Machinists Union official, a description which is accompanied by references to Machinists Union indictments.”

The union said Disney rejected requests that the references be deleted from the film.

A Disney spokesman said the company doesn’t comment on pending litigation.

More Scene

  • UnReal Athena Film Festival

    How Trump Beating Clinton Impacted the Gender Politics of 'UnReal' Season 3

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

  • 'Unsolved: The Murders of Tupac and

    'Unsolved' Stars Point Out Racial Injustice in Biggie and Tupac Murder Cases

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

  • Taura Stinson, Common, and Diane WarrenVariety

    Common, Pasek and Paul, Diane Warren Reveal Inspiration Behind Oscar-Nominated Songs

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

  • 'Game Night' film premiere

    'Game Night': Director, Writer Talk 'Straddling Genres' and the Influence of 'Get Out'

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

  • Esquire 'Mavericks of Hollywood' party

    Terry Crews on His Sexual Assault Lawsuit: 'If I Don’t Get Justice, Nobody Can'

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

  • 20th Annual Costume Designers Guild Awards

    'I, Tonya,' 'The Shape of Water' Win at 2018 Costume Designers Guild Awards

    Inacom Corp. agreed to acquire three network consulting providers for about $10.5 million cash and about 360,000 common shares. The purchase may also include an additional 120,000 shares contingent upon future events. The companies to be acquired are Perigee Communications Inc., Minneapolis; Networks Inc., Fort Lauderdale; and Gorham Clark in New York. Gorham Clark also […]

More From Our Brands

Access exclusive content