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CEO quits as Comsat performs weakly.(Business)
The Washington Times; 7/20/1996; Abrahms, Doug; 731 words;
Comsat Corp.'s chief executive resigned unexpectedly yesterday ... other interests. Betty Alewine, president of the Comsat International Communications division, will succeed ... of Washington's largest companies. Analysts say Comsat, a pioneer satellite company set up by the U.S ... regulations to compete with ...
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Comsat Finally Sells Satellite-Making Unit; New York Company Dishes Out $116.5 Million for RSI
The Washington Post; 3/18/1998; Mike Mills; 554 words;
Comsat Corp. said yesterday that it has a buyer for its RSI satellite equipment manufacturing division ... antennas and other communications systems for military and commercial use. The sale reduces Comsat's payroll almost by half: RSI employs 1,200 of Comsat's 2,600 workers. TBG officials did not return ...
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Ailing Comsat to Sell Unit Making Satellite Dishes; Decision Is Part of Reorganization Effort
The Washington Post; 3/24/1997; Mike Mills; 766 words;
Comsat Corp. plans to announce a major restructuring today that ... efforts that the troubled Bethesda company has undertaken. Comsat's president and chief executive, Betty Alewine, said yesterday ... division up for sale because it is considered extraneous to Comsat's core mission of providing satellite ...
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Comsat Moves Into Lockheed's Orbit
The Washington Post; 8/3/2000; Greg Schneider; 825 words;
... the deal was first announced. During that time, Comsat shareholders lost about $300 million in purchase ... hurdles. Betty C. Alewine, the chief executive of Comsat, will announce today that she is leaving the ... along with several other top administrators. "As Comsat's chief executive for the past four ...
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Comsat doesn't want to play anymore.(Business)
The Washington Times; 3/25/1997; Abrahms, Doug; 640 words;
Comsat Corp. said yesterday it is going to stop playing games ... Nuggets as well as the Colorado Avalanche hockey team. Comsat also plans to sell off its antenna-making business, which ... focusing the company on our strong suits, said Betty Alewine, Comsat's chief executive. We are ending the diversification ...
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Comsat Files Suit Against Former Chief Executive
The Washington Post; 4/25/1997; Mike Mills; 652 words;
Comsat Corp. yesterday sued its former chief executive, Bruce ... Wyser-Pratte of Wyser-Pratte & Co., also were named as defendants. Comsat alleges that they are trying to manipulate stock prices ... played no role in their efforts to remove a majority of Comsat's board members. Denton said that Comsat ...
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Telenor Absorbs Comsat Mobile; New Era Begins For Satellite Firm
The Washington Post; 1/15/2002; Yuki Noguchi; 706 words;
Comsat Mobile Communications yesterday completed its $116.5 million ... for the Bethesda-based satellite- communications firm. Comsat Mobile, which primarily sells services to naval and maritime ... which is a U.S. operation of Oslo-based Telenor Group. Comsat Mobile will become a unit called Telenor Satellite ...
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At Bethesda's Comsat, It's On With the Show;Satellite Firm's Expansion Into the Entertainment Business Gathers Momentum
The Washington Post; 10/24/1994; Mike Mills; 1057 words;
In Washington, Comsat Corp. is known as a communications satellite ... in Montgomery County. But in Colorado, Comsat is a local hero. Since purchasing the ... Basketball Association obscurity. And Comsat is proposing to build a new arena for ...
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Comsat settles unhappy shareholders' proxy challenge.(Business)
The Washington Times; 6/11/1997; Abrahms, Doug; 346 words;
Comsat Corp. settled a proxy contest with a pair of disgruntled ... new directors and establish a committee to try and raise Comsat's stock price. The Bethesda satellite company settled its ... had proposed their own slate of directors for election at Comsat's annual meeting in August. The two shareholders, who ...
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Comsat, Dissidents Reach Deal
The Washington Post; 6/11/1997; Elizabeth Corcoran; 618 words;
Comsat Corp. yesterday bowed to pressure from dissident shareholders ... a protracted and expensive process," said Gary Sharpe, Comsat's director of investor relations. The dissidents said they ... of the people at the forefront of the complaints against Comsat's management, and Larry G. Schafran, chairman of ...
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Market Cool to Comsat Sports Push
Chicago Sun-Times; 5/31/1995; JAMES F. PELTZ; 348 words;
Comsat plans to move the Quebec Nordiques (left) to Denver, where they and the Denver Nuggets will both play in a new $132 million arena being built by Comsat and billionaire Philip Anshutz. Comsat Corp. may have made its reputation in outer space, but it is placing a good part of its future on the ...
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Comsat Feels a Chill From the Great White North
The Washington Post; 7/14/1998; Mike Mills; 855 words;
Comsat Corp., whose grip on the U.S. satellite services market ... phone services company based in Toronto, has set up shop in Comsat's back yard in Bethesda and is emerging as a feisty rival ... Last week four key members of the government sales team at Comsat's mobile communications division walked out the ...
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SkyPix, COMSAT talks: picture grows clearer. (direct broadcast satellite television venture; Comsat Video Enterprises)
Multichannel News; 11/5/1990; Thompson, Rachel W.; 804 words;
SkyPix, COMSAT Talks: Picture Grows Clearer An agreement between COMSAT Video Enterprises and Seattle-based SkyPix Corp., which ... also spoke out for the first time about his talks with COMSAT and about the difficulties he has had convincing potential ...
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Talk of Bid by Lockheed Boosts Comsat's Stock
The Washington Post; 9/3/1998; Mike Mills; 632 words;
... voice services. Lockheed Martin would also get Comsat's valuable 18 percent ownership stake in Intelsat ... significant premium -- as much as 60 percent over Comsat's current share price -- to acquire the company ... Lockheed Martin is seriously doing this." Neither Comsat nor Lockheed Martin would comment ...
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A Signal Change at Comsat; BY CUTTING ITS PIE-IN-THE-SKY ENTERPRISES, the new chief executive of Bethesda's beleaguered satellite giant is bringing the company a lot closer to earth.
The Washington Post; 8/18/1997; Mike Mills; 2532 words;
... spring, they launched a fight for control of Comsat's board, which they called too bureaucratic and ... wasted little time responding to the challenge. Comsat found an angle that could be used as a wedge ... to learn more about the company's operations. Comsat filed suit against its former chief ...
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