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Technology Stocks : MasTec, Inc - MTZ -- Ignore unavailable to you. Want to Upgrade?


To: Lou Cifer who wrote (37)1/15/1998 12:24:00 AM
From: Grommit  Respond to of 69
 
Why will he be on the news? Will he be touting the company's stock, picking the winner of the super bowl, doing a weather forecast or refuting charges of sexual harassment?



To: Lou Cifer who wrote (37)1/15/1998 9:13:00 AM
From: TraderEd  Read Replies (1) | Respond to of 69
 
Lou:

Is that radio ot TV? You must be in NYC to get CBS news at 10:00 PM. Please expand your comment.

Thanks.

Ken



To: Lou Cifer who wrote (37)1/17/1998 8:39:00 PM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 69
 
MasTec, Inc. Announces Senior Note Offering and Two
Acquisitions

MIAMI, Jan. 17 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ - news) announced today its intent
to issue $150 million in senior subordinated notes due in 2008. Proceeds from the offering will be
used for general corporate purposes, including acquisitions, working capital and capital
expenditures. The notes have not been registered under the securities act or any state securities laws
and may not be offered or sold except pursuant to an exemption from the registration requirements
of the securities act and applicable state securities laws.

The Company also announced the acquisition of Weeks Construction Company of Asheboro,
North Carolina and M.E. Hunter of Atlanta, Georgia. Both companies provide outside plant
infrastructure services in Virginia, Tennessee, North and South Carolina, Georgia, Alabama and
Florida. These companies generated approximately $45 million in combined revenue last year.

Jorge Mas, MasTec Chairman and Chief Executive Officer, said: ''The impetus of our strategic
plan, which entails growth, coupled with today's attractive interest rate environment make this the
ideal time to obtain long term financing for the company. Our position as the principal consolidator
in a still fragmented industry, coupled with strong access to capital, provides us with a unique
opportunity for rapid expansion and enhancement of shareholder value.''

Opening the Lines of Communication(R) worldwide, MasTec is one of the world's leading
telecommunications and related infrastructure service providers, serving clients throughout the
United States, Latin America and Spain.