Business Services Industry
Aden Enterprises engages Salomon Brothers as investment banker
Business Wire, Sept 20, 1995
OMAHA, Neb.--(BUSINESS WIRE)--Sept. 20, 1995--Aden Enterprises (OTC:ADEN), which is in the process of changing its name to Electronic Cash and Data Transmission (ECDT), today announced it has engaged Salomon Brothers Inc. for financial advisory and investment banking services.
Salomon will advise and assist Aden's (ECDT's) management regarding strategic and financial alternatives. Salomon's specific duties will include identifying and evaluating strategic partners and investment opportunities in third parties for Aden (ECDT) and other investment banking services.
Aden (ECDT) plans to combine electronic data interchange services, proprietary software, and telecommunications services for electronic transmission of cash and data for consumers and institutions. The services are transaction based, and include bill paying services, electronic home banking, back-end processing, check verification, and other electronic telecommunication services.
The company previously announced it has signed letters of intent to acquire, through a merger, SmartPay Processing, an electronic bill paying and information processing company, and Strategic Ventures Inc., a demographic marketing database service company.
CONTACT: Aden Enterprises Inc.
Brian Barger, 402/691-8150
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Fox Networks Group and Bright House Networks Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Fox Networks Group and Time Warner Cable Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Houston Radio D.J. Kevin Kline Completes 500-Mile, 13-Day Ultramarathon Across Texas for Kids with Cancer
- Seaspan Corporation Provides Information on the CSCL Hamburg
- Dodecylamine improves nanocrystal synthesis
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
