Bonneville International Corp. has sold its Bonneville Telecommunications Co. to Broadcast International Inc. of Salt Lake City. Broadcast provides satellite-delivered background music and point-of-purchase advertising and video-conferencing for retail store chains.
As recently as Jan. 22, Charles McQuinn, president of BTC denied that his company would be acquired. "In fact the exact opposite is true," McQuinn told IMD. "We've talked to every one of our competitors about buying them... [they
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails