Business Briefs

Reported by Star-Bulletin staff & wire

Friday, December 3, 1999

Aston Hotels adds 4 isle properties

Aston Hotels & Resorts has added four properties to the portfolio of hotels and resort condominiums it manages in Hawaii.

They are the 198-room Islander on the Beach at Kapaa, Kauai; the 80-room Aston Coconut Plaza Hotel on Lewers Street, Waikiki; the 68-unit Hawaii Polo Inn on Ala Moana, near Waikiki; and the 88-unit Aston Kahana Reef at Kaanapali, Maui. Through the Hawaii Polo Inn, Aston also offers a cottage at Mokuleia.

Honolulu-based Aston now operates 32 condominium resorts and hotels on the four main islands. It is a subsidiary of Memphis, Tenn.-based ResortQuest International Inc.

Feds hire adviser for Microsoft case

WASHINGTON -- The Justice Department hired a New York financial consulting company to advise it on remedies it might seek in its antitrust case against Microsoft Corp.

Greenhill & Co. LLC, which specializes in advising technology corporations on mergers and divestitures, was hired yesterday by the antitrust division to help "in analyzing financial aspects of the full range of potential remedies in U.S. v. Microsoft, including conduct and structural relief," the department said.

With settlement talks under way in Chicago with a mediator, the government has given no indication whether it will seek to break up the software giant or merely advocate court orders governing its contracts, marketing or other conduct. Greenhill could help assess the impact various remedies might have on Microsoft and the industry.

In other news . . .

FOSTER CITY, Calif. -- Inktomi Corp., which makes software for searching the Internet, said it will split its stock 2 for 1.

Inktomi, which jumped $17.69 to $145 on the Nasdaq today, said shareholders will receive one additional share for each share held around Dec. 30.

The company, whose shares have climbed 124.2 percent this year, last split its shares 2 for 1 in January. Foster City, Calif.-based Inktomi makes software that lets people surf the World Wide Web faster.

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