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Crown Equity Holdings Inc. (CRWE.OB)
CRWE announced recently that it is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan. This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase CRWE’s up to date news and world affairs from the Mid-East, Far East and Europe online news wires.
The new office in the city of Attock, as well as the office in Islamabad will be managed by Zeeshan Shabbir.
Crown Equity Holdings is in the process of developing its Arabic language CRWE Newswire site for news occurring in Pakistan and elsewhere around the world.
“As always, I am thrilled to increase our team of correspondents to offer our readerships a global perspective on top stories.” said Kenneth Bosket, President of CRWE.
Crown Equity Holdings Inc. announced in June of this year its 1- 10 forward stock split, as well as in August announcing that the company had surpassed One Million dollars (1,000,000) in sales. CRWE is utilizing today’s technology to advertise, promote and market public companies globally. CRWE’s proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges. The goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language.
In addition to Crown Equity Holdings Inc. offering “I/R” service, CRWE has a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.
CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused CRWE’s primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
To learn more about CRWE visit: http://www.crownequityholdings.com
On November 2, 2010, the Board of Directors of IDT Corporation (NYSE:IDT) authorized an initial cash dividend of $0.22 per share to be paid on or about November 23rd to shareholders of record at the close of business on November 15th of IDT’s Common Stock, Class A Common Stock and Class B Common Stock.
IDT expects to announce an additional cash dividend of comparable magnitude during the second quarter of IDT’s 2011 fiscal year, the three months ending January 31, 2011. The Board also stated its intent for IDT to pay future quarterly dividends based on operating performance and available resources.
Eagle Materials Inc. (NYSE:EXP) reported that its President and CEO, Steven R. Rowley, will be presenting at the Stephens Inc. Fall Investment Conference in New York, on Tuesday, November 16, 2010. Eagle’s presentation is scheduled to begin at approximately 11:00 a.m. ET.
Clearwater Paper Corporation (NYSE:CLW) has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of Cellu Tissue Holdings, Inc.’s (“Cellu Tissue”) outstanding 11Â½% Senior Secured Notes due 2014 (the “Cellu Notes”), of which $234,484,000 aggregate principal amount are outstanding.
The Tender Offer is being made upon the terms and subject to the conditions set forth in CLW’s Offer to Purchase dated November 5, 2010 (the “Offer to Purchase”).
The Tender Offer is being made in connection with the Agreement and Plan of Merger dated September 15, 2010 (the “Merger Agreement”) among CLW, Cellu Tissue, and Sand Dollar Acquisition Corporation, a Delaware corporation and a wholly-owned subsidiary of Clearwater Paper (“Merger Sub”), pursuant to which, subject to the satisfaction of certain conditions, Merger Sub will merge with and into Cellu Tissue (the “Merger”).
As a result of the Merger, Cellu Tissue will become a wholly-owned subsidiary of CLW.
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