To: Blue Snowshoe who wrote (2782 ) 7/25/1999 2:36:00 PM From: LABMAN Respond to of 7442
i would welcome the thread opinion on a small Canadian company MPL COMMUINCATIONS MPZ.AL, Blue suggested that it may be a good idea to seek the thread's opinion Home BullBoards News Releases Newsletters The Markets Member Services MPL Communications Inc. 7/21/99 - Publisher Agrees To Buy Carlson Online MPL COMMUNICATIONS INC ("MPZ-Y") - Publisher Agrees To Buy Carlson Online MPL COMMUNICATIONS Inc. publisher of ID Online, Investor's Digest of Canada, The Investment Reporter and other financial advisory services, announced it has agreed to purchase Carlson Online Services Inc., Canada's premier provider of institutional quality online Canadian public company information. Terms of the transaction and purchase price were not disclosed. The transaction is subject to regulatory and corporate approvals and satisfactory due diligence. Carlson Online will become an integral part of MPL's rapidly growing "online" electronic delivery services that includes IDOnline.ca, the umbrella name for all of MPL's electronic delivery services and Canada's major provider of online independent, high-quality actionable investment advice. In making the acquisition announcement, Mr. Stephen Pepper, chairman of MPL, said the acquisition is an important step in the company's aggressive, online growth strategy. "We at MPL believe," he said,"that the combined forces of our rapidly growing IDOnline.ca investment advisory service and Carlson Online will elevate MPL to a position of dominance in the delivery of both independent online financial advice and actionable company financial information to many thousands of Canadian investors." Carlson online was founded in January, 1996, by Mr. David Carlson as a comprehensive Internet resource for investors in Canadian stocks. It is currently headquartered in Vancouver. At the completion of the acquisition, Mr. Carlson will move to MPL's Toronto headquarters to assume a senior position at MPL. The Carlson site, carlsononline.com, is bi-lingual and each week up to 70,000 people access the site and benefit from an institutional-quality alternative to expensive data suppliers. Mr. Carlson, in welcoming the joining of Carlson and MPL forces, said, "Now, combined with MPL's advisory information gathering capabilities our combined services will allow us to deliver, clear and specific actionable investment advice and information to all Canadians." Currently the Carlson site provides advanced screening, up to 25 years of financial statements and ratios, insider trading reports and compiles the most up-to-date information currently available on more than 4,200 Canadian public companies. Through a U.S. affiliate, Wall Street Research Net, Carlson also provides coverage on American publicly traded companies as well. ABOUT MPL COMMUNICATIONS INC.: Through its publications and online services, including ID Online.ca, MPL is Canada's largest provider of independent investment advice. Its publications include The Investment Reporter, founded in 1941 and one of the oldest continuously published investment advisories in North America, and Investor's Digest of Canada, Canada's preeminent newspaper for investors. MPL also is the Canadian publisher of Louis Rukeyser's Wall Street, the U.S.'s most widely-circulated investment newsletter. Other publications in the MPL stable include its All Star Funds mutual fund rating service, the Canadian Mutual Fund Adviser, the Money Reporter, Blue Book of Stock Reports, Best U.S. Stocks for Canadian Investors and the Canadian Resources and PennyMines Analyst. MPL Communications Inc. trades on the Alberta Stock Exchange under the symbol MPZ and has approximately 14 million shares outstanding. TEL: (416) 869-1177 Stephen D. Pepper, Chairman FAX: (416) 869-0456 MPL Communication Inc. ______________________________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041. © 1999 StockHouse.com | Disclaimer