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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Direct Line Insurance Group Plc | LSE:DLG | London | Ordinary Share | GB00BY9D0Y18 | ORD 10 10/11P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.40 | -0.49% | 282.20 | 282.20 | 282.40 | 287.00 | 281.00 | 284.80 | 6,100,821 | 16:35:16 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fire, Marine, Casualty Ins | 3.69B | 162.6M | 0.1240 | 22.77 | 3.72B |
RNS No 0339j THE DIALOG CORPORATION PLC 6th May 1998 The Dialog Corporation sells stake in NewsEDGE for $6.5 million London, 6 May, 1998: The Dialog Corporation plc ("Dialog"), a leading supplier of online professional and commercial information, today announced that it has disposed of its 2.8% investment (450,000 shares) in the NewsEDGE Corporation (Nasdaq: NEWZ), yielding $6.5 million after associated expenses. The equity holding in NewsEDGE (previously Individual Inc.) was acquired by Dialog as part of last year's acquisition of Knight-Ridder Information Inc. and had a book value of $4.8 million. As a result of the transaction, Dialog will record a profit of $1.7 million, after associated transaction costs. The proceeds from the sale will be used to repay corporate debt. David Mattey, Chief Financial Officer of The Dialog Corporation commented: "After careful review it was determined that the NewsEDGE investment was outside our core corporate focus and the disposal proceeds could be more effectively deployed by paying down debt." Enquiries: Sara Parker, Head of (+44) 171 930 6900 Corporate Communications sara_parker@dialog.com The Dialog Corporation John Olsen/James Longfield (+44) 171 357 9477 Hogarth Partnership Limited jolsen@hogarthpartnership.co.uk for The Dialog Corporation jlongfield@hogarthpartnership.co.uk The Dialog Corporation (www.dialog.com) is a leading provider of online information following the merger of M.A.I.D plc and Knight-Ridder Information Inc. The Dialog Corporation brands include the DIALOG, DataStar and Profound range of products and services. These brands provide comprehensive, authoritative sources of information to professionals worldwide. The Dialog Corporation has world headquarters in London and is traded on the NASDAQ (DIALY) and the London Stock Exchange (DLG). END DISAFMIBLLBMBMP
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