GOZONS AND DUAVITS

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                    [ArticleID] => 269801
                    [Title] => Jimenez family wants GMA Network IPO to push through
                    [Summary] => The Jimenez family, which owns 35 percent of GMA Network, is supporting the initial public offering (IPO) of the broadcasting company and is hopeful that the owners will soon come to an agreement as to the proposed terms of the sale of between 20 and 30 percent of total outstanding stocks to the public. 


The company revealed the other day that it has indefinitely postponed its planned IPO due to disagreement between the majority and minority shareholders as to the issue of the timing, valuation, and how much shares to sell. 


                    [DatePublished] => 2005-03-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 269656
                    [Title] => GMA Network postpones IPO
                    [Summary] => GMA Network announced yesterday that it has indefinitely postponed its planned initial public offering (IPO) this year until certain issues between the majority and minority shareholders are satisfactorily resolved.


Officials said the network will try to work out a solution that will be in the best interest of the company. Majority owners of the network include the Jimenezes and Duavits who own 35 percent each and the Gozons which account for the balance.


                    [DatePublished] => 2005-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 234954
                    [Title] => GMA Network not for sale, say owners
                    [Summary] => The majority owners of broadcast giant GMA Network, Inc. have said that the company is not for sale at this time, a major setback to plans by leading wireless company Smart Communications to acquire a majority stake in the company. 


Smart, however, remains hopeful that GMA will still change its mind after it reviews an offer that the former will be making very soon, STAR sources said. 


                    [DatePublished] => 2004-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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Jimenez family wants GMA Network IPO to push through

March 10, 2005 - 12:00am

The Jimenez family, which owns 35 percent of GMA Network, is supporting the initial public offering (IPO) of the broadcasting company and is hopeful that the owners will soon come to an agreement as to the proposed...

Business

GMA Network postpones IPO

March 9, 2005 - 12:00am

GMA Network announced yesterday that it has indefinitely postponed its planned initial public offering (IPO) this year until certain issues between the majority and minority shareholders are satisfactorily resolved. Officials...

Business

GMA Network not for sale, say owners

January 13, 2004 - 12:00am

The majority owners of broadcast giant GMA Network, Inc. have said that the company is not for sale at this time, a major setback to plans by leading wireless company Smart Communications to acquire a majority stake...

Business