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Market Plans School Rebuild

23 Dec 2004

In lieu of sending out Christmas gifts and cards, Markit, previously called Mark-It Partners/LoanX, is planning to re-build a secondary school in Malole, Zambia.

In lieu of sending out Christmas gifts and cards, Markit, previously called Mark-It Partners/LoanX, is planning to re-build a secondary school in Malole, Zambia. Not only is the firm donating funds, but it is looking for a group of volunteers--drawn from Markit and its clients--to go to Malole in 2005 to actively help the local community with the construction project. "We wanted to put the money we would have spent on gifts and cards to better use and if we can benefit people less fortunate than ourselves then so much the better," said Tim Barker, executive v.p. of Markit in London.

* One for the money, two for the show...Robert Sillerman, founder of SFX Entertainment and owner of CLO business MJX Asset Management, is adding to his stable by buying Elvis Presley Enterprises. The entrepreneur is forming CKX to administer the business and control the music publishing catalog.

23 Dec 2004