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WestShore Plaza owner may change WestShore Plaza could have a new owner soon. Current owner Glimcher Realty Trust is close to a deal to sell a 60 percent stake in WestShore and one other mall to private equity firm Blackstone Group LP for $195 million, the Wall Street Journal said, citing unnamed sources. ...more
November 4, 2009
American International Group Inc. will be allowed to use $20 billion of assets held by its subsidiaries to provide cash needed for the troubled insurer to stay in business, New York Gov. David Paterson said Monday. ...more
September 16, 2008
Tampa-based Walter Industries Inc. said this morning that it has bought a coal producer in Alabama for $23.5 million. ...more
September 8, 2008
Toll Brothers Inc. said Thursday it swung to a loss in its fiscal third quarter as weak demand for new homes forced the luxury builder to mark down the value of its land and unsold homes. ...more
September 5, 2008
Fifth Third Bancorp., trying to shore up its capital base amid rising loan losses, said Wednesday it will slash its dividend by nearly two-thirds and try to raise $2 billion with a stock offering and the sale of some noncore businesses. ...more
June 19, 2008
The equity Americans have in their most important asset - their home - has dropped to its lowest level since the end of World War II. ...more
June 6, 2008
TAMPA - TECO Energy said Monday it has agreed to sell TECO Transport Corp., its ship and barge subsidiary, to an investment group led by an affiliate of Greenstreet Equity Partners LP, a Miami-based private equity firm, for $405 million cash. ...more
October 29, 2007
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