Local Focus.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), April, 2002

Budget seeks investors, annual report delay LISLE - Budget Group Inc., owner of Budget Rent a Car Corp., is in talks with some investors about an equity investment to restructure its balance sheet, Bloomberg News reported. Budget didn't meet an $18.5 million senior note payment due earlier this week, and has hired Lazard Freres & Co.

for financial advice. Budget also has asked the Securities and Exchange Commission for more time to file its 2001 annual report. Verascape, MASC sign $2 million agreement OAKBROOK TERRACE - Verascape Inc. has signed a $2 million pact with Mobile Application Service Creation, a maker of voice browsing products. The companies will co-market Verascape speech platforms in the United Kingdom. CenterPoint to sell $47 million in...