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Real Estate News Releases
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(CHARTPOPPERS.COM, January 07, 2010 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Goldman Sachs Group Inc. (NYSE: GS)
The Consolidated Investment Analysis on Goldman Sachs Group Inc. (NYSE: GS) will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), JP Morgan Chase ( NYSE: JPM) and Ameican International Group (NYSE: AIG)
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding company and global investment banking, securities and investment management firm that provides services worldwide worldwide to corporations, financial institutions, governments and high-net-worth individuals. Its activities are divided into three segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services. On December 11, 2007, Credit-Based Asset Servicing and Securitization LLC, a sub-prime mortgage investor, completed the sale of its Litton Loan Servicing business to Goldman Sachs.
Recent News on Goldman Sachs Group Inc. (NYSE: GS)
Conterra Ultra Broadband Holdings, Inc. today announced completion of a $25 million senior preferred stock offering led by The Goldman Sachs Group, Inc. Other investors were The Circumference Group, LLC, an Arkansas based advisory and investment firm comprised of former Alltel Wireless corporate executives, and Conterra's Chairman and CEO, Stephen Leeolou. Proceeds from the offering will be used to fund new network deployments that will enable Conterra to provide high-speed broadband transport services to its growing base of wireless carrier, education, healthcare and government customers primarily in rural, underserved regions of the United States.
"The addition of this substantial equity capital strengthens our balance sheet and will allow us to continue to aggressively rollout our hybrid, fiber/microwave, video, data and voice transport networks in virtually any location on a nationwide scale," noted Mr. Leeolou. "In addition to their investment, we believe that Goldman Sachs' and Circumference Group's insights and corporate development experience in the telecom industry will also add value to our company," added Mr. Leeolou.
"We believe the U.S. broadband market is poised for strong growth over the next several years and that Conterra is well positioned, with the right management team, target markets and service offerings to participate in this growth," commented Peter Perrone, Managing Director, Goldman Sachs. "Providing high-capacity mid-mile and last-mile transport connections in parts of the country that have traditionally lacked adequate broadband infrastructure is an attractive business opportunity," added Mr. Perrone. Goldman Sachs joins Duke Energy Corp. and GE Capital as Conterra's largest institutional equity investors. The company also continues to have access to its $40-million dollar senior credit facility provided by a multi-billion-dollar, U.S. based investment fund.
As a result of this $25 million preferred equity transaction, Mr. Perrone and Circumference's Christopher Smith, former Executive Vice President, Network Services of Alltel Wireless (acquired by Verizon Wireless for more than $28 billion), will join Conterra's five-member Board of Directors. Richard Bates, Vice President, Mergers and Acquisitions for Duke Energy, will also join the Board and Mr. Leeolou will continue to serve as its Chairman.
To view the Consolidated Investment Analysis on Goldman Sachs Group Inc. (NYSE: GS) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
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