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(Corning) -- Striving to keep a piece of southwest Iowa history alive, the French Icarian Colony Foundation will be hosting a fundraiser next weekend to continue restoration work on the 19th century location.

The Icarians were the longest existing, non-religious communal group in American history and were based east of Corning. Cathy Riley is a descendant of the original group, and she says the Icarians were part of a movement in Europe where large groups of people would relocate in hopes of forming a eutopian society, much like the Amana Colonies in eastern Iowa.

"The Icarians were French-based," said Riley. "Their society was based on a Frenchmen's book; his name was Etienne Cabet. He was not a believer in any particular religion, but the colony still did a lot of religious-type things. They read from the Bible, they read from his book and things like that, but there was no church in Icaria."

Members of the foundation board have used grants to attempt to restore and update parts of the original colony, in hopes of having a modern area for events. Riley says the group has updated the orginal communal dining hall and more work is planned.

"When we get done with this portion of our project, we'll have the septic system in, a commercial kitchen in the basement, a restroom in the basement of the refectory -- which is the communal dining hall," said Riley. "Then, we will be ready to have it open to the public for class reunions, family events, it would be a beautiful setting for a wedding and things like that."

Riley says the purpose of the fundraiser is two-fold. First, the group is attempting to raise $40,000 in matching funds to complete the renovation. Secondly, Riley says the group would like to open up the venue for the public.

"We've been having tours and those types of things just to keep the history alive," said Riley. "Now, we're going to actually be able to rent the facility out for the public to use, so we're wanting to showcase this. Since it is a fundraiser, anyone that donates $100 or any amount in excess of that, gets a ticket to come and have a first-class prime rib dinner."

The fundraiser event will take place on Saturday, June 25th, with tours at 4 p.m. and dinner at 6:30. To donate and reserve your ticket, send your contributions to the French Icarian Colony Foundation, 710 Davis Avenue, Corning, IA, 50851. Anyone with questions can contact Foundation Board Executive Director Teresa Parmenter at (515) 321-9743.

For more information on the Icarian Colony, you can visit the group's website.

Deutsche Telekom AG is considering a bid for Host Europe Group Ltd., the Internet domain registry and website-hosting company owned by private equity firm Cinven Ltd., according to a person familiar with the situation.

Deutsche Telekom, which owns the web-hosting company Strato AG, is likely to team up with a private equity firm for the offer, said the person, who asked not to be identified because the discussions are private. HEG, based in Middlesex, England, could fetch about 1.7 billion euros ($1.9 billion) and is likely to draw interest from buyout firms including Hellman & Friedman and Blackstone Group LP, the person said.

A spokesman for Deutsche Telekom declined to comment, as did representatives of Cinven and Blackstone. Hellman & Friedman didn't immediately respond to requests for comment.

Cloud computing is an increasingly important business for Deutsche Telekom as more consumers store data online and companies digitize their factories. Cinven, which bought HEG from Montagu Private Equity LLP for 438 million pounds ($625 million) in 2013, expanded the business with acquisitions including of German hosting company Intergenia Holding GmbH last year.

HEG offers its 1.7 million customers domain registration for websites as well as shared and managed hosting, according to its website. The company operates 7 data centers in Europe and the U.S., and employs more than 1,000 people.

Reuters previously reported Deutsche Telekom's interest.

A new webinar has been announced that will discuss the benefits of hosting webinars for businesses looking to increase their traffic, sales and brand awareness. It covers what webinars are, and how a business can create, host, and benefit from their own web seminar videos.

Wanchai, Hong Kong - June 17, 2016 /PressCable/ --

A new web marketing webinar has been announced that focuses on webinars themselves, and how they can be used by businesses to increase brand awareness and increase website traffic. Called Host That Webinar, it was created by Satish Gaireas as a way for interested parties to discover how they can utilize an additional communication channel with customers and prospects.

More information can be found on the official Host That Webinar site at: http://letsgolook.at/HostThatWebinar.

The site explains that webinars can be an effective method of marketing and communication for businesses, as they provide a way to directly interact with their target audience. It goes on to show how webinars can be a way for business owners to reach and engage with a very specific target group. This group can ask questions, or the webinar host can pose questions of their own, opening a two way line of conversation.

This interaction can help to build an insight into the target group, allowing the business owner to get to know their audience. The site explains how it also provides a platform for the business to continue to interact with the audience once the broadcast has finished, because each webinar is saved online for users to access after it has ended. This means businesses can increase their reach and brand impact.

On the Host That Webinar site, interested parties can discover how they can use their own webinar to reinforce their business message through polls, chats and calls to action, as well as how they can show their customers videos and presentations.

The process eliminates the need for travel as businesses can speak to customers, clients, and potential clients around the world with ease. In order to learn about how to create, host and manage their own webinar, anyone interested in the medium can RSVP on the Host That Webinar site. This registers them to tune in to the webinar itself at 7pm EST on 06/16. Alternatively, they can tune in later in the day to watch the webinar on demand.

Further details can be found at: http://muncheye.com/satish-gaire-host-that-webinar.

For more information, please visit http://letsgolook.at/HostThatWebinar

Contact Info:Name: James PetersonOrganization: Muncheye.com

Release ID: 119552

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Host Group Europe's (HEG) search for buyers may be drawing to a close, as reports indicate Deutsche Telekom is considering acquiring the company from private equity parent Cinven. Five different sources close to the situation told Reuters that Deutsche Telekom is seeking US private equity partners to help fund a deal to merge HEG with its web hosting subsidiary Strato.

Investment firms Hellman & Friedman and Blackstone were named by several sources as among those considering participation. None of the companies named in the report commented. Deutsche Telekom has business relationships with both firms, and CEO Tim Hoettges has expressed comfort with private equity partnerships, according to the report.

READ MORE: Host Europe Group Shops for Buyers: Report

In April a report indicated that Cinven had put HEG up for sale with a €1.7 billion ($1.9 billion) sticker price, and also mentioned Hellman & Friedman among firms that might be interested. That price puts HEG's multiple to earnings of €140 million at just over 12 times, which is comparable to GoDaddy's multiple, and significantly higher than competitors Rackspace and Endurance International Group.

Strato was acquired by Deutsche Telekom in 2009 for €275 million ($310 million). One of Reuters' sources said it has core earnings of around €30 million and its enterprise worth is about a quarter as much as HEG.

Potential bidders for HEG would have to consider the value of both its mass market and managed hosting businesses, according to the report.

Deutsche Telekom announced intentions to double its business cloud revenue by 2018 and become the leading cloud platform provider for businesses in Europe when extending a partnership with Huawei to include public cloud a year ago. Adding HEG's customers, products and team would be a significant move towards that goal.

Ruffer LLP held its stake in shares of Rackspace Hosting, Inc. (NYSE:RAX) during the first quarter, Holdings Channel reports. The fund owned 18,000 shares of the hosting company's stock at the end of the first quarter. Ruffer LLP's holdings in Rackspace Hosting were worth $389,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of RAX. Janus Capital Management raised its position in Rackspace Hosting by 1.6% in the third quarter. Janus Capital Management now owns 825,700 shares of the hosting company's stock worth $20,378,000 after buying an additional 12,732 shares in the last quarter. Acadian Asset Management raised its position in shares of Rackspace Hosting by 3,208,917.7% in the fourth quarter. Acadian Asset Management now owns 1,989,591 shares of the hosting company's stock worth $50,375,000 after buying an additional 1,989,529 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Rackspace Hosting by 3,799.7% in the fourth quarter. Nordea Investment Management AB now owns 123,700 shares of the hosting company's stock valued at $3,132,000 after buying an additional 120,528 shares during the period. Russell Frank Co boosted its position in shares of Racks pace Hosting by 500.6% in the fourth quarter. Russell Frank Co now owns 597,020 shares of the hosting company's stock valued at $15,070,000 after buying an additional 497,608 shares during the period. Finally, DIAM Co. Ltd. boosted its position in shares of Rackspace Hosting by 902.8% in the fourth quarter. DIAM Co. Ltd. now owns 138,248 shares of the hosting company's stock valued at $3,500,000 after buying an additional 124,462 shares during the period.

Rackspace Hosting, Inc. (NYSE:RAX) opened at 22.57 on Thursday. The firm has a market capitalization of $2.84 billion and a price-to-earnings ratio of 21.00. The stock's 50 day moving average price is $23.56 and its 200-day moving average price is $22.71. Rackspace Hosting, Inc. has a one year low of $15.05 and a one year high of $39.37.

Rackspace Hosting (NYSE:RAX) last issued its quarterly earnings data on Monday, May 9th. The hosting company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.12. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The business earned $518 million during the quarter, compared to analyst estimates of $519.08 million. Rackspace Hosting's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities research analysts expect that Rackspace Hosting, Inc. will post $1.09 EPS for the current fiscal year.

Several brokerages have recently weighed in on RAX. Wells Fargo restated an "outperform" rating on shares of Rackspace Hosting in a report on Monday, March 14th. Vetr raised shares of Rackspace Hosting from a "hold" rating to a "buy" rating and set a $20.76 price target for the company in a report on Wednesday, February 24th. Zacks Investment Research lowered shares of Rackspace Hosting from a "hold" rating to a "sell" rating in a research report on Wednesday, April 20th. FBN Securities raised shares of Rackspace Hosting from an "underperform" rating to a "sector perform" rating and lowered their price objective for the stock from $30.00 to $21.00 in a research note on Wednesday, February 17th. Finally, RBC Capital reiterated a "buy" rating and issued a $26.00 target price on shares of Rackspace Hosting in a report on Tuesday, May 10th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy ra ting and one has assigned a strong buy rating to the stock. Rackspace Hosting has an average rating of "Hold" and a consensus target price of $30.45.

Rackspace Hosting, Inc (Rackspace) operates in the managed cloud segment of the business information technology (IT) market. The Company offers a portfolio of integrated IT solutions for common business needs. The Company offers services for certain applications, including e-commerce and Web content management sites, business-productivity applications, such as e-mail and collaboration, and data stores.

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