FIRST SECURITY TO BUY BACK 3.7 MILLION SHARES OF STOCK
First Security Corp. said Thursday it will launch a stock buyback program to help with its previously announced acquisition of Van Kasper & Co., an investment banking and brokerage firm based in San Francisco.The Salt Lake-based financial services company said it will begin repurchasing as many as 3.7 million shares of its own common stock at prevailing prices in the open market as permitted by government regulations.
The acquisition of Van Kasper is expected to close next month, but no time limit has been set for buying back the shares.
SURVEY OF MANUFACTURING IS TOPIC OF THURSDAY MEETING
The second annual Utah Manufacturers Association's Survey of Manufacturing in Utah will be discussed at a breakfast meeting Thursday, Dec. 10, at a breakfast meeting sponsored by the Salt Lake office of consulting firm Grant Thornton LLP.
The conference is scheduled for 8 to 10 a.m. at the Little America Hotel.
For further information contact Stephen V. James at Grant Thornton at 320-4265.
FEBRUARY SYMPOSIUM IS SET ON COMMERCIAL REAL ESTATE
A commercial real estate symposium presented by the Utah chapters of the National Association of Industrial and Office Properties and Certified Commercial Investment Members will start at 7:30 a.m. Tuesday, Feb. 23, 1999, at the Doubletree Hotel in Salt Lake City.
Presenters will include political analyst and commentator Charles Cook Jr., Robert Anderson of Zions Bank, James Berry of CB Richard Ellis Real Estate Services, Mark Millburn of EquiMark Properties, Marty Plunkett of GVA Business Properties Group and Richard Robins of Colliers Consolidated Realty Group.
The cost of the event is $80, and the last date to register in advance is Feb. 19, 1999.
ROBERTS' ACCOUNTING OFFICES NOW LOCATED IN S.L. COUNTY
Roberts' Small Business Accounting & Payroll has moved its offices from 218 E. Cove Road in Saratoga Springs to daVinci Executive Office Suites at 2825 E. Cottonwood Parkway, Suite 570, in Salt Lake City.
Roberts' provides bookkeeping, payroll and tax services to small businesses.
DIGITAL COURIER TECHNOLOGIES RECEIVES EXTRA $1.8 MILLION
PARK CITY -- Digital Courier Technologies Inc., a leading developer of e-commerce and content delivery software for the Internet, has received an additional $1.8 million in a private placement of common stock as part of an increased $20 million commitment from an institutional investor.
The company had announced a $10 million commitment and a $1.8 million funding last week.