Byline: GREGORY MEYER Tribune Co.'s incoming chairman told some of his new business partners last week that he views his deal for the company as a "10-year investment, at a minimum.'' Those words may have been a comfort to the Chicago Tribu...
Chicago real estate mogul Sam Zell, chairman of Equity Residential and Equity Office Properties Trust, is scheduled to serve as the keynote speaker at the University of San Diego's Burnham-Moores Center for Real Estate 11th annual real estate confere Chicago real estate mogul Sam Zell, chairman...
Sam Zell's $8.2 billion purchase of the troubled Tribune Co. is going to put more pressure to perform than ever on the company's 23 TV stations. Sam Zell's $8.2 billion purchase of the troubled Tribune Co. is going to put more pressure to perform...
9 SAM ZELL The billionaire real-estate mogul ended the lengthy Tribune Co. sale saga by convincing the board that he's the one to take the company private. 9 SAM ZELL The billionaire real-estate mogul ended the lengthy Tribune Co. sale saga by convincing the...
Byline: Mark Scheffler What kinds of cars do Chicago CEOs own? Many have multiple vehicles (and some, like William Wrigley Jr., have motorcycles). But we chose to list only those that fall in the luxury car category (or, in the case of Sam Zell,...
Microsoft will take a 4% stake in Chicago-based CareerBuilder.com, CEO Matt Ferguson said, in a partnership he hopes will drive its overseas traffic. The online help-wanted site is co-owned by Tribune and two other newspaper companies. The Dutch S Microsoft will take a...
Using a football metaphor, billionaire Sam Zell told a crowd of more than 500 commercial real estate executives gathered in Los Angeles that the focus of owners should be on blocking and tackling. In other words, tenant retention. Using a football metaphor,...
A REIT headed by financier Sam Zell has tapped Banc of America, Morgan Stanley and Wells Fargo to originate $500 million of mortgages on a portfolio of manufactured-housing communities. A REIT headed by financier Sam Zell has tapped Banc of America, Morgan Stanley and...
The Internal Revenue Service is seeking between $47.6 million and $83.7 million from the estate of the late Robert Lurie, alleging a broad series of complex tax-reduction schemes involving his longtime friend and business partner, billionaire Chicago The Internal Revenue Service is seeking between $47.6 million...
Sam Zell, the self-proclaimed grave dancer, is dancing on his own grave at Reserve Square and he wants to do it at the taxpayers' expense. Mr. Zell, a Chicago investor in distressed real estate and troubled corporations, controls a partnership that's Sam Zell, the self-proclaimed grave...
An affiliate of Sam Zell's Chicago-based apartment REIT has sold $125 million of unsecured fixed-rate notes and used the proceeds to pay down floating-rate debt. An affiliate of Sam Zell's Chicago-based apartment REIT has sold $125 million of unsecured fixed-rate notes and used the proceeds to...
Vulture investor Sam Zell and the nation's largest institutional advisory and property management firm, Heitman Financial, are among those eyeing the BP America Building on Public Square. Since British Petroleum put downtown's third-largest office buiVulture investor Sam Zell and the nation's largest institutional advisory and...
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Mario Ricchio, who discusses Caterpillar (NYSE: CAT). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=2678. What effect, if any, do you expect...
Healthy hospital food? Evoking images of watery Jell-O and mystery meat, hospital food has a bad reputation for being mass-produced, bland and, ironically, unhealthy. No more. As part of University of Maryland School of Nursing's "Healthy Food in Health Care Initiative," four Maryland...
Strategic Review Results in $100MM Investment by Equity Group Investments; Experienced Commercial Executive Management Team Appointed; Preparing for Potential MOXATAG Launch in the First Half of 2009 GERMANTOWN, Md., July 1 /PRNewswire-FirstCall/ -- MiddleBrook Pharmaceuticals, Inc. , a pharmaceutical company...
Despite the turmoil that will see 60 journalists leave The Sun's newsroom by the end of the month, a group of local businessmen still wants to buy the paper -- for better or worse. "Our position has always been the same and we're...
CHICAGO, July 1 /PRNewswire/ -- Wikipedia says, "The Jacor name is retired from broadcasting," but the roaring bark of Jacor's mascot bulldog is being heard loud and clear in Chicago. That bark added more bite this week when Tribune Interactive President Marc Chase named Jana...
The Sun announced plans Wednesday to cut 60 jobs -- about 20 percent of its newsroom -- by early August as part of a sweeping cost-cutting plan within its parent Tribune Co. A total of 100 positions will be eliminated across The Baltimore...
Company Issues Request for Proposals to Real Estate Firms CHICAGO, June 25 /PRNewswire/ -- Tribune Company today announced it will explore strategic options for maximizing the value of Tribune Tower, located in downtown Chicago, and Times Mirror Square, located in downtown Los Angeles. The...
Byline: JEREMY MULLMAN "We've got an acronym we use, AFDI, which stands for "Actually Friggin' Doing It,'' said Lee Abrams, the former XM Satellite Radio executive who was tapped as Tribune Co.'s VP-innovation last month by the publisher's new chairman,...
Articles 2008-05-19
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