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Progressive
opens local claim office
You don't cook your
own food when you go to a restaurant or read your own X-ray when you
visit the doctor, so why should you be responsible for managing the
repairs when you have an auto insurance claim?
World
Air sells $25 million in debt
Peachtree City’s
World Airways, Inc. announced that it has entered into agreements with
three institutional holders of its eight percent Convertible Senior
Subordinated Debentures Due 2004. Under the agreements, these investors
will acquire $25.545 million principal amount of the company's newly
issued six-year eight percent Convertible Senior Subordinated Debentures
in exchange for $22.545 million principal amount of the Company’s
existing 8% Convertible Senior Subordinated Debentures Due 2004 and
$3 million in cash. Additionally, the company plans to call the remaining
debentures concurrent with the exchange.
Bank
of Georgia gets new chief financial officer
Pat Shepherd, president
and CEO of The Bank of Georgia announced that
Nicholson
wins Presidential award
Fayetteville
resident Debbie Nicholson, a BellSouth supervisor, has received the
Presidential Honors Award in BellSouth's Service Leader program. The
award is presented to a select group of employees who have demonstrated
exemplary service to business, residential, or wholesale customers.
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