9.0. EDSR 02-12-1996 - Laserfiche WebLink

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4"14."411•11P...."...'"' ''..".."4."."111.11.1110.1411141114.1106141.69"0111.40.10111111111111111101.1.111104.1110.41111411110111011111111011110104004111041111.140111"1"14"- ": 10 .26, 14 --(/ 1.12-1 wv Today's business Re • lona! news irrthat uses hOt attic air West acquisition an West Publishing Co. id Morthan it has passed a procedural heat poolsplans IPO dle in its : to bid to acquire Infos • c tion America,an Atlanta-based Elk Rivers SOlarAttic hopes t0 raise as formation services company. much as $1 .5 million at 50 cents a share The federal waiting period un • the Hart Scott Rodino Antitr By Dee DePass And since venture capital firms did Improvements Act of l 976 expi Staff Writer not express interest or wanted 70 Friday,el whichcing vat way dor Elk River-based SolarAttic Inc., percentangeof the for their trouble, in x-ll deal in privately held W company would acquire Information al which makes devices that use hot said that an IPO was seen as the �a for $32 a mare in a deal vale attic air to heat swimmingat about million. water, is going.public and poolecapt option to raising expansion al. • writing the transaction itself. The passing of the deadline mea The Securities and Exchange Corn- that the Justice Department d After eight years in business, the mission approvedegnot request further information •: company hopes to raise from tember anhe state of Minnesota O in $750,000 to $1.5 million by selling approved it this month. The firm i between 1.5 million and 3 million has survived to date with the hel 5 ! WA C�shares of common stock at 50 cents of sales and local private investors.p Five riv fal airlines announced Mo o folio Ma share during an initial public • offering that will be advertised in Proceeds will to be used to fund west Airlines' fare the Elk River Star News. Three ads Proceeds marketingprograms, day that they would meet Ne f. ' are scheduled to begin Wednesday, expand engineering and manufac- cuts for late ft P g ms, hire staff and and early winter domestic travel. • "Many people in the Elk River turing facilities. On Sunday, Northwest announce areaarea have shown an investment in- The firm's assembly room is travel in in our unique solar l- housed Palmer's garage fare cuts ofh up to continental percent £c togyer over the last un six solar said of hous e his the cadaine we Unite g g with of- States and Canada between No, Palmer, SolarAttic's founder, pres- 12 and Jan. 14. ident and CEO and former quality The final product, which sits in an And on• Monday, director of Control Data Corp. attic and is the size of a two-drawer United • "They've watched us. These ads. filing. cabinet, has been sold to 71 Airlines Delta Air Liner ' are one way we can inform them customers in 22 states. Units cost w Airlines, USAir, America • and TWA all said the • all at once of our plans." between $1,764 and $1,999, with- counts. . (TWA a Northwest's differ Large underwriting houses signaled out installation. announced a ♦ disinterest in handling SolarAttic's SolarAttic plans to use the same ent set of fare cuts on Sunday.) transaction because of the low technology to develop a domestic be bought share Tickets under the lower fares mus price, said Vice President water heater. A by Friday. Fares an s Bill Fred eli. Underwriters were shown in August, prototype was non-refundable and other restric more inclined to handle offeringsI it . tions apply. starting at 55 a share,he said. f , . • news- National i [ 10 n : .n."--.-"""-L______:_-