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Staff and Wire Reports

Staff and Wire’s Recent activity

Kmart store closings -- the complete list
Dec 30, 2011
On Dec. 27, Sears Holding announced it would close 120 underperforming Sears and Kmart stores. It has now posted a partial list and identified 79 stores that it will shutter...
Vans To Shut Down Skateparks
May 05, 2003
Vans is entering into negotiations with its landlords for lease terminations or rent reductions related to its 11 skateparks, three of which are owned by Mills Corp., two by Simon Property Group, one by PREIT and one...
Simon Claims Limited Victory in Taubman Takeover Lawsuit
May 02, 2003
Both sides are saying they won, but Wall Street analysts argue that Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday, Michigan District...
CB Richard Ellis to acquire Insignia Financial Group
Feb 19, 2003
CB Richard Ellis has announced it has entered into a definitive agreement to acquire Insignia Financial Group Inc. for $11 per share of common stock in cash, plus the potential for incremental consideration. Upon...