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Due Diligence

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BUSINESS
March 23, 2008 | By Reid Kanaley, Inquirer Columnist
These aren't the best economic times, but brave souls are forever launching out on new business ventures. Here are sites for finding the funds to back a new enterprise, even under today's tough conditions. Due diligence. The background checking that lenders, investors and business buyers do before forking over cash is called due diligence. Here's an article about the process, as it pertains to business buyers. Extras on the page include an article on how to conduct due diligence yourself.
SPORTS
June 26, 2007
The 76ers, doing their due diligence, dispatched assistant coach Moses Malone to Houston yesterday to observe a workout for 6-10 former Boston College forward Sean Williams. President/general manager Billy King confirmed they were awaiting word from Williams' agent on whether Williams would come to Philadelphia tomorrow. Williams, who was dismissed from his college team this past season for repeated violations of team rules, has been training with former Sixers coach/general manager John Lucas.
NEWS
November 14, 2012
Abington Health said it had agreed to buy the North Penn Visiting Nurse Association, of Lansdale, for an undisclosed amount. North Penn employs 100 nurses and others who provide home care, hospice, and other services, Abington said. The nonprofit nursing organization had $6.7 million in revenue in the year ended June 30, 2011, about the same as the previous year, according to its Form 990 tax return. Net income, however, fell to $277,787 from $626,993, the filing said. Abington has a home health department that employs 200 who provide services in Bucks, Montgomery and Philadelphia Counties.
NEWS
March 21, 2013 | BY JAD SLEIMAN, Daily News Staff Writer sleimaj@phillynews.com, 215-854-5938
UPPERCLASSMEN at Saint Joseph's University's Haub School of Business found out precisely where they stood among their peers when a mass email sent from the dean's office March 6 accidentally included a spreadsheet of their grade-point averages. Officials said Tuesday that the extensive report card hitched a ride on a solicitation for an internship in Italy that went out to nearly 500 undergrads. University Provost Brice Wachterhauser sent out an apology to students and faculty Tuesday, calling the leak an "internal human error," and emphasizing the school's commitment to privacy.
BUSINESS
January 11, 2013 | By Harold Brubaker, INQUIRER STAFF WRITER
The Chester County Hospital and Health System said Friday that it will join the University of Pennsylvania Health System. Chester County announced in August that it would search for a partner after management decided that the $150 million to $275 million needed over the next decade to fulfill its vision for the institution was more than it could get on its own. "Throughout this process we spoke with many excellent organizations, but it quickly...
NEWS
May 9, 2002 | By Martha Woodall INQUIRER STAFF WRITER
The leadership of the Philadelphia School District said yesterday that it remained confident in the financial viability of Edison Schools, but that contracts would contain provisions to protect educational programs and taxpayers if the company foundered. "We are as concerned as anyone, and we will make sure that there are strictures in contracts," Chairman James E. Nevels of the School Reform Commission said in response to reporters' questions about Edison's sinking stock price.
NEWS
September 12, 2006 | By Jan Hefler INQUIRER STAFF WRITER
New regulations, put into place Friday in reaction to the Kiddie Kollege scandal, require day-care centers in New Jersey to ensure there are no contaminated sites within 400 feet of the property before they can obtain a license to open. The mandatory rule, posted without fanfare on the Department of Environmental Protection Web site, caught at least one day-care center off guard, delaying its scheduled opening yesterday. John Brennan, president of Brennan Environmental Inc. in Summit, Union County, said a client called his firm Friday to say the DEP was requiring him to do an environmental review on the eve of opening a day-care business.
ENTERTAINMENT
May 19, 2012 | Carolyn Hax
Question: What would you advise someone in love with a guy who won't defend her from his hyper-critical mother? His response is always to ignore her, but her judgmental and hurtful comments really sting. Is it fair to expect someone to choose between mom and girlfriend? Answer: Ooh, don't fall into that trap. Your way can be right and fair and soaring among the angels, but if he simply doesn't do something that you can't be happy without, what then? In the interest of due diligence, try coping with his mother the way he does.
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SPORTS
January 30, 2015 | BY RYAN LAWRENCE, Daily News Staff Writer rlawrence@phillynews.com
SHORT ON starting pitching depth - and with a five-man rotation full of question marks - the Phillies added an interesting name to the mix last night. The Phillies came to an agreement on a 1-year, $1.5 million contract with righthander Chad Billingsley. The deal includes performance bonuses. Billingsley, 30, has pitched in only two big-league games since the 2012 season. He missed the entire 2014 season recovering from both Tommy John surgery (performed in April 2013) and an operation on his right flexor tendon (June 2014)
NEWS
December 10, 2014 | By Helen Ubinas, Daily News Columnist
I'M NOT READY to say that Jackie , the subject of an explosive Rolling Stone story about a gang rape at a University of Virginia fraternity in 2012, lied. Mostly because, based on everything I've read including some supposed hazy recollections on the part of a traumatized young woman, I don't think she did. What I am ready to say is that by agreeing not to contact Jackie's assailants, and then running full speed from the backlash, Rolling Stone broke one of the most important ethical oaths in journalism: Do no harm.
NEWS
September 12, 2014 | By Howard Gensler
IT'S BEEN a while since the last celebrity sex-tape scandal, but hollywoodlife.com is reporting that folks at Vivid Entertainment are vetting a tape brought to their attention, allegedly starring "Fancy" rapper Iggy Azalea . Now she has 100 problems. Iggy's boyfriend, basketballer Nick Young , is not too happy about the news. "He hates it on so many levels," said a source. "If it is true, he doesn't believe that it is him in the video, he feels terrible for Iggy and what it would do to her career.
BUSINESS
January 9, 2014 | By Erin E. Arvedlund, Inquirer Columnist
Wall Street, it seems, is capable of doing business with criminals - like JPMorgan Chase & Co. did with scam artist Bernie Madoff. So it is critical to do your own due diligence when giving money to a new manager. JPMorgan agreed Tuesday to pay $2.5 billion in fines to Madoff's victims and regulators for ignoring the red flags related to the $65 billion Ponzi scammer. Despite warnings, JPMorgan continued to invest in Madoff's secretive hedge fund up until just a few months before the criminal mastermind's 2008 arrest.
NEWS
March 21, 2013 | BY JAD SLEIMAN, Daily News Staff Writer sleimaj@phillynews.com, 215-854-5938
UPPERCLASSMEN at Saint Joseph's University's Haub School of Business found out precisely where they stood among their peers when a mass email sent from the dean's office March 6 accidentally included a spreadsheet of their grade-point averages. Officials said Tuesday that the extensive report card hitched a ride on a solicitation for an internship in Italy that went out to nearly 500 undergrads. University Provost Brice Wachterhauser sent out an apology to students and faculty Tuesday, calling the leak an "internal human error," and emphasizing the school's commitment to privacy.
BUSINESS
January 13, 2013 | By Harold Brubaker, Inquirer Staff Writer
  The Chester County Hospital and Health System said Friday that it will join the University of Pennsylvania Health System. Chester County announced in August that it would search for a partner after management decided that the $150 million to $275 million needed over the next decade to fulfill its vision for the institution was more than it could get on its own. "Throughout this process we spoke with many excellent organizations, but...
NEWS
November 14, 2012
Abington Health said it had agreed to buy the North Penn Visiting Nurse Association, of Lansdale, for an undisclosed amount. North Penn employs 100 nurses and others who provide home care, hospice, and other services, Abington said. The nonprofit nursing organization had $6.7 million in revenue in the year ended June 30, 2011, about the same as the previous year, according to its Form 990 tax return. Net income, however, fell to $277,787 from $626,993, the filing said. Abington has a home health department that employs 200 who provide services in Bucks, Montgomery and Philadelphia Counties.
ENTERTAINMENT
October 24, 2012 | By Aubrey Whelan, INQUIRER STAFF WRITER
More than 100,000 Pennsylvanians who lost Medicaid benefits last year can reapply within the next 30 days, thanks to a settlement between a Philadelphia legal team and the state Department of Public Welfare. Applicants who lost their benefits last year and incurred medical bills could see those bills resolved if the state determines they were eligible for Medicaid all along. Last year, DPW identified about 385,000 households that were overdue for redetermination - in other words, the agency needed to check whether those recipients were still eligible for Medicaid.
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