Thursday, Jul 31, 2014
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mkosin - Kirk says some illegal immigrant children being sent to Illinois - Quincy, IL News - QuincyJournal.c
Just try to get on a plane with a name misspelled on the boarding pass...... just for kicks, you might try it. Won't get you anywhere. That is why those two words were capitalized.
QuincyJournal - Mendon men arrested in cannabis investigation - Quincy, IL News - QuincyJournal.com
Yeah. Too easy. BG
GuyFawkes10 - Mendon men arrested in cannabis investigation - Quincy, IL News - QuincyJournal.com
High Street.............
WarCry - Sheriff reveals attempted jailbreak - Quincy, IL News - QuincyJournal.com
Well, that was just an example of the fact that it's all outdated. The building has outlived it's lifespan, was really the point I was making. Any "improvements" are just stuck on with duct tape and staple guns (or so it seems).
migraine_in_qcy - Mendon men arrested in cannabis investigation - Quincy, IL News - QuincyJournal.com
It's going to be interesting when the pot "cultivation centers" get up and running. We'll be arresting people for doing something themselves that when licensed by the state is legal. Kinda like arresting bars for little back-room poker tournaments while state-sanctioned casinos rake in millions. I can't distill my own vodka for my own use in Illinois without paying the state an $1800…

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Harris sells Broadcast Division for $225 million

1 year, 7 months ago by Bob Gough

Broadcast operation, including Quincy facility, expected to remain "largely intact"

Quincy Mayor John Spring was optimistic about the Harris sale.

"I do think this is good news," Spring said. "The Harris folks have been great to work with, especially Chris Parsons (Vice President of Global Operations for Harris)."

According to William Brown, president and CEO of Harris, the sale is part of a strategy to focus on its core businesses.

“As previously communicated, we plan to repurchase up to $200 million of our shares after the deal closes,” said Brown. “This is in addition to the $200 million of share repurchases already planned for fiscal 2013 and reflects our ongoing commitment to effectively deploy capital, including returning cash to shareholders."

Phil Conover, interim president of the Great River Economic Development Foundation, said The Gores Group has a successful record of buying and improving telecommunications companies.

"They have strong history,' Conover said. "They have a 25 year record. I'm cautiously optimistic."

PREVIOUS STORY

From insideradio.com:

The Gores Group is expanding its broadcast holdings with a $225 million deal to buy Harris’ broadcast business. Harris announced plans to sell the division in May to focus on its government and military technology business. By selling to a private equity firm, the Harris Broadcast operation is expected to largely remain intact.

“In Harris Broadcast Communications, we are investing in a proven technology leader with great products and a great team,” Gores managing partner Ryan Wald says in a statement. “We are excited to provide the capital and support to transition this division to a strong and independent company further enabling it to continue developing and delivering market leading technologies to its customers.”

Under the terms of the deal, Gores will pay $160 million in cash, plus there will be a 15 million subordinated promissory note and an earnout of up to $50 million based on future performance of the business.

Harris CEO Bill Brown says they will use the proceeds of the sale to buy back up to $200 million worth of company stock. “The sale of Broadcast Communications reflects our strategy to optimize our business portfolio and focus on our core businesses,” he says.

Gores is also a part-owner of Dial Global.


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Arrest made in Schuyler Co. Child Porn operation - Arrest also made in Jackson County http://t.co/2yFyymCspy
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