ISP Information:
This is generally a single purpose device that can send and receive facsimiles. The machine is normally able to scan in a document and transmit it over a phone line to another fax machine. Also, it can receive faxes from other machines and print them out.
ISP Glossary:
Fax machine - PHILADELPHIA, Aug 12 (Reuters) - DirecTV Group Inc. (NYSE:DTV) onThursday agreed to sell its satellite affiliate for 7 percent lessthan previously negotiated as a discount to cover the failure of oneof its satellites.Recent technical troubles on one of PanAmSat Corp.'s (NASDAQ:SPOT) 24satellites, which shortened its expected operating life-span to aboutthree years from seven years, had given its buyers the right to walkaway under the terms of their agreement.As a result, satellite TV company DirecTV agreed to reduce the priceit would be paid for its stake in PanAmSat -- which transmitstelevision programming and telecommunications traffic -- by $200million to $2.6 billion.The buyers -- Kohlberg Kravis Roberts & Co., Providence EquityPartners and Carlyle Group -- still would pay the original $23.50 pershare price to the other PanAmSat shareholders, DirecTV said.That would bring the total value of the deal to about $3.35 billion,based on the original purchase price of $3.55 billion.- http://finance.lycos.com/home/news/story.asp?story=43068003
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