Declining property values, and the resulting drop in taxes, are threatening to blow a hole in state and local budgets, reports the New York Times. Sands is selling its Las Vegas properties in a $6.3 billion deal, according to the Wall Street...
New York officials charged a $105 million find to hedge fund Sandell Asset Management for faking a move to Florida.
The company is working with prospective buyers to make no-contingency cash offers that often win out over similarly priced bids.
