BNET Business Dictionary
Business Definition for: Cash Sale
- a sale in which payment is made immediately in cash rather than put on credit
- see Cash Settlement
Additional Resources
- ECI To Sell GVT Notes For $96 Million In Cash Sale To Result In $11 Million Capital Gain
- PETAH TIKVA, Israel -- ECI Telecom (NASDAQ:ECIL) announced today it has entered into a preliminary agreement to sell certain long term notes from Global Village Telecom Ltd of Brazil GVT. ABN Amro Bank will pay ECI $96 million in cash, plus potentially a further amount of approximately $3.3 million based...
- Research articles 2005-03-07
- Vestin Realty Mortgage II, Inc. Announces Sale of Lakeview Apartments
- LAS VEGAS -- Vestin Realty Mortgage II, Inc. (Nasdaq:VRTB) announced today that escrow has closed on an all-cash sale of the 504 unit Lakeview apartment complex in Austin, Texas owned by the Company's wholly owned subsidiary TRS II, Inc. The sales price was $17.5 million. TRS II, Inc. will recognize...
- Research articles 2006-07-24
- Wilshire Announces Closing of Subsidiary Sale to Merrill Lynch; Declares Regular Dividend
- Business Editors BEAVERTON, Ore.--BUSINESS WIRE--May 3, 2004 Wilshire Financial Services Group Inc. (NASDAQ-SCM:WFSG) announced today the closing of the previously announced sale of its wholly-owned mortgage servicing subsidiary, Wilshire Credit Corporation, to Merrill Lynch Mortgage Capital Inc., a division of Merrill Lynch & Co., New York, NY. Proceeds...
- Research articles 2004-05-03
- Maxicare Advances Strategic Program With Consummation of the Sale of its Illinois Health Plan
- LOS ANGELES--BUSINESS WIRE--Oct. 20, 1998--Maxicare Health Plans Inc. (Nasdaq/NM:MAXI) Tuesday announced that it has completed the sale of its Illinois health plan, Maxicare Health Plans of the Midwest Inc. The cash sale of the unit advances Maxicare's strategy to focus the company's resources on its core plans -- California,...
- Research articles 1998-10-20
- Big bucks, big risks: a big cash sale can be a pleasant surprise. But before you stuff that bundle of bills in the safe, be sure the anti-money-laundering paperwork is in order.
- One day recently a longtime customer walked into the JC Sipe jewelry store in Indianapolis to buy a $20,000 piece of jewelry--with an envelope full of cash he had saved. Owner Sam Sipe was taken aback. "I'm used to people using credit cards or checks to buy...
- Research articles 2004-04-01
- Rockville-based BAE Systems completes sale of its Inertial Products
- Rockville-based BAE Systems has completed the cash sale of its Inertial Products business to J.F. Lehman & Co. for $140 million. The Inertial Products business supplies military and commercial customers with inertial sensors and measurement units for the control, navigation, and guidance of precision weapon systems, missiles, air and ground...
- Research articles 2007-08-21
- Alltel announces contract extension related to sale of Austrian business
- LITTLE ROCK, Ark. -- Alltel (NYSE:AT) today announced that its subsidiary, Western Wireless International Austria Corp., and T-Mobile Austria GmbH have agreed to extend their agreement related to the EUR 1.3 billion cash sale of tele.ring, Alltel's Austrian business, to T-Mobile. The new termination date of the purchase agreement has...
- Research articles 2006-03-01
- Alltel Completes Sale of Austrian Property
- LITTLE ROCK, Ark. -- Alltel (NYSE: AT) announced today that its subsidiary, Western Wireless International Austria Corp., has completed the EUR 1.3 billion cash sale of tele.ring, Alltel's Austrian business, to T-Mobile Austria GmbH, a subsidiary of Deutsche Telekom AG.
- Research articles 2006-04-28
- Alltel Negotiating Contract Extension Related to Sale of Austrian Business
- LITTLE ROCK, Ark. -- Alltel (NYSE: AT) today announced that its subsidiary, Western Wireless International Austria Corp., and T-Mobile Austria GmbH are negotiating to extend their agreement related to the EUR 1.3 billion cash sale of tele.ring, Alltel's Austrian business, to T-Mobile. The agreement was signed on Aug. 10, 2005,...
- Research articles 2006-02-28
- Asarco Reports Sale of Aquarius Gold Project
- NEW YORK--BUSINESS WIRE--Nov. 8, 1995--ASARCO Incorporated today reported it has agreed to sell its interests in the Aquarius gold project near Timmins in northern Ontario, Canada to Echo Bay Mines Ltd. for US$7.75 million in cash. Sale of the project is subject to final documentation and is...
- Research articles 1995-11-08
- IITC Holdings Ltd. Letter of Intent-Sale of Seismic Quality Assurance Operations
- CALGARY, Alberta--BUSINESS WIRE--Nov. 21, 1995--IITC Holdings Ltd. formerly Intera Information Technologies Corporation today announced that it has entered into a Letter of Intent for the cash sale of its Seismic Quality Assurance operations to a group of investors which includes some of the managers and employees of that business unit.The...
- Research articles 1995-11-21
- Nike Well Positioned With Cash, Rise in Global Orders
- Long recognized as a well-run, innovative athletic footwear and apparel company, Nike has demonstrated its "swish" for making money in other investments, too. As reported in the first-quarter 2009 10-Q regulatory filing: "On December 17, 2007, the Company completed the sale of the Starter brand business to...
- Blog posts 2008-10-08
- SpinVox For Sale, Investor Says, As It Kisses Its Cash Goodbye
- UK investment manager Invesco Perpetual AiM VCT, which owns a minority stake in troubled voice-to-text firm SpinVox, appears, in its 08/09 earnings, to have inadvertently confirmed rumours that paidContent:UK had received recently - that the company is actually up for sale.Invesco’s market statement: “More disappointingly amongst the unquoted investments,...
- External links 2009-09-11
- The Seller's Market for Sale-Leasebacks
- High real estate prices and low interest rates have combined to make sale-leaseback financing as attractive as ever. For the past year or so, investors across the board have been re-evaluating their commitments to the stock and bond markets, sizing up alternative investments, and pumping money into real estate. Sale-leaseback...
- White papers 2003-05-01
- TDC A/S completes sale of TDC Directories
- NORDIC BUSINESS REPORT-30 November 2005-TDC A/S completes sale of TDC DirectoriesC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com Danish telecomms group TDC A/S said on Wednesday (30 November) that it had completed the sale of its subsidiary TDC Directories to European Directories S.A. The total consideration is DKK4.85bn on a cash-...
- Research articles 2005-11-30
- Dynegy CFO Makes Case for Asset Sale
- As Holli Nichols, the CFO of Dynegy Inc. tells it, the seed of the company's $1 billion deal with LS Power announced Monday was planted in her treasury department. However, the transaction mushroomed in significance into something that went far beyond treasury and into corporate structure, financial strength, and business...
- News items 2009-08-12
- Blocked Alabama sale slows West Tennessee newbuilds. (city of Huntsville blocks sale of CableAmerica Corp. properties to Bresnan Communications)
- Blocked Alabama Sale Slows West Tennessee Newbuilds HUNTSVILLE, AL - Moves by local officials in Alabama to block the sale of two overlapping cable systems have left one of the companies short of cash to complete several West Tennessee overbuilds. Blocked Alabama Sale...
- Research articles 1990-05-07
- PFIZER INC - Pfizer completes sale of PCH.
- Pfizer Completes Sale of Consumer Healthcare Business Company to Use Proceeds from Sale Combined with Strong Operating Cash Flow to Invest in Growth of Core Pharmaceutical Business ...
- Research articles 2006-12-21
- Lender on the block? That's the buzz around cash-flow lender Antares as business cycle peaks.(News)(Antares Leveraged Capital Corp., a unit of Massachusetts Mutual Life Insurance Co. to be acquired by Heller Financial Inc. )
- Byline: KATE RYAN Just as cash-flow lending appears to be near a cyclical peak, it may be a good time for the owner of one of Chicago's biggest such lenders to cash out. The possible sale of Antares Leveraged Capital Corp., a...
- Research articles 2005-08-15
- The Ford Motor Co. completed the sale of The Hertz Corp. last month to an investor group.
- The Ford Motor Co. completed the sale of The Hertz Corp. last month to an investor group. Under terms of the agreement, begun last September, Ford received $5.6 billion in cash for the sale of its 100% ownership interest in ... The Ford Motor...
- Research articles 2006-01-01
