BNET Business Dictionary

Business Definition for: Disbursing Agent

see Paying Agent

Additional Resources

Georgia Power makes announcement: ATLANTA--BUSINESS WIRE--July 2, 1996--Georgia Power Company announced today that it plans to redeem in full, on August 2, 1996, all outstanding shares of the Company's $7.80 Preferred Stock ($100 Stated Value)(Cusip Number 373334-79-6) at the redemption price of $101.82 per share, plus accrued dividends to the date of redemption.Southern Company...; Tags: Atlanta, Business Wire, dividend, FINANCE, Investment, redemption; Research articles 1996-07-02
Georgia Power makes announcement: ATLANTA--BUSINESS WIRE--Sept. 17, 1996--Georgia Power Co. announced today that it plans to redeem in full, on Nov. 2, 1996, all outstanding shares of the company's $2.125 Class A Preferred Stock ($25.00 Stated Value) (Cusip Number 373334-64-8) at the redemption price of $25.00 per share, plus accrued dividends to the date...; Tags: Atlanta, Business Wire, dividend, FINANCE, redemption; Research articles 1996-09-17
Securicor Completes Acquisition of Intek Global: NEW YORK--BUSINESS WIRE--Aug. 25, 1999-- Securicor plc announced that the merger of its wholly-owned subsidiary, IGC Acquisition Corp., with Intek Global Corporation (NASDAQ: IGLC) became effective today, completing Securicor's acquisition of Intek. Under the terms of the merger, all remaining Intek stockholders will receive $3.0125 net per share in...; Tags: acquisition, Business Wire, FINANCE, Investment, merger, Transportation; Research articles 1999-08-25
CompuCom Announces Completion of Acquisition of Computer Integration Corporation: DALLAS--BUSINESS WIRE--May 13, 1998--CompuCom Systems, Inc. (Nasdaq:CMPC), a leading network integration company, announced today the completion of its acquisition of Computer Integration Corp. (Nasdaq:CICC). Under the terms of the transaction, all CIC shareholders will receive $0.724 per share in cash from CompuCom upon surrender of the certificates...; Tags: CompuCom, CompuCom Systems Inc.; Research articles 1998-05-13
Treasury Names Citibank For Major EBT Project In 8 Southern States: NEW YORK--BUSINESS WIRE--Oct. 18, 1995--Citibank announced today that The Department of the Treasury's Financial Management Service FMS intends to designate Citibank as its financial agent to provide electronic benefits transfer EBT disbursing services for 8 southern states known as the Southern Alliance Of States SAS.; Tags: Citigroup Inc., Treasury; Research articles 1995-10-18

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