General Growth Properties Files Motion to Seek Approval of Proposed $6.55 Billion Investment from Brookfield, Pershing Square and Fairholme
CHICAGO–(BUSINESS WIRE)–General Growth Properties, Inc. (NYSE: GGP) today announced that it has filed with the U.S. Bankruptcy Court for the Southern District of New York definitive documentation related to the previously announced proposals from Brookfield Asset Management, Pershing Square Capital Management and Fairholme Capital Management. Under the terms of the agreements, Brookfield, Pershing Square and Fairholme will commit $6.55 billion of new equity capital at a value of $15.00 per sha
Read the original post:
General Growth Properties Files Motion to Seek Approval of Proposed $6.55 Billion Investment from Brookfield, Pershing Square and Fairholme
School Guards Accused Of Failing To Stop Fights
Chicago news, weather, sports, traffic and video from cbs2chicago.com — Thu Apr 01 12:00:00 UTC 2010 A recent shoving incident between guards and a student was caught on tape inside a South Side high school. Some students and local residents claim the administration at Percy Julian High School has done nothing to stop fights like one captured on video… about: CBS High school Percy Julian High School Politics South Side Video
See more here:
School Guards Accused Of Failing To Stop Fights
Bears’ Preseason Schedule Released
Bear Goggles On — Thu Apr 01 12:00:00 UTC 2010 Mark your calendars Bears fans – the Preseason schedule has been released. While the exact dates aren’t finalized, but we know who, where and approximately when the games will be played. Check it out: August 12-15 @ Chargers The Bears will head to Sa… about: 2010 preseason schedule AFC West Arizona Cardinals Bears Breaking News Cleveland Browns Jay Cutler Jerry Angelo Julius Peppers Kurt Warner Nathan Vasher National Football League News NFL Oakland Raiders Phillip Rivers Ron Rivera San Diego Chargers schedule Soldier Field Sports at: Soldier Field
View original post here:
Bears’ Preseason Schedule Released
Reactions to DePaul coaching news
ChicagoNow — Thu Apr 01 12:00:00 UTC 2010 Some reactions to a few news stories that have come up recently about the DePaul coaching search. about: Alternative Coach coaches depaul DePaul University Health Sports
See the article here:
Reactions to DePaul coaching news
Alert issued after Logan Square sex assault, robbery
Chicago Police have issued a community alert after a sex assault and armed robbery in the city’s Logan Square neighborhood.
Go here to read the rest:
Alert issued after Logan Square sex assault, robbery
Fitch: Acquisition Risk Diminished for U.S. Beverage Companies
CHICAGO–(BUSINESS WIRE)–With The Coca-Cola Company (Coca-Cola) following in PepsiCo, Inc.’s (PepsiCo) footsteps by acquiring a substantial portion of U.S. franchise bottling operations, Fitch believes acquisition risk has diminished. According to a new report issued by Fitch, geography will be the main determinant in future bottler acquisitions. In the U.S., bottler consolidation is likely to continue until PepsiCo and Coca-Cola can effect the changes desired to achieve distribution synergies.
View post:
Fitch: Acquisition Risk Diminished for U.S. Beverage Companies
Fitch Ratings Downgrades Aviation Capital Group Trusts II & III
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has taken the following rating actions the Aviation Capital Group Trusts as outlined below: Aviation Capital Group Trust II (ACG II) –Class B-1 notes downgraded to ‘BBB-’ from ‘BBB’. Aviation Capital Group Trust III (ACG III) –Class G-1 notes downgraded to ‘A’ from ‘AA-’; –Class B-1 notes downgraded to ‘A-’ from ‘A’; –Class C-1 notes affirmed at ‘BBB’. In addition, all classes are assigned a Stable Outlook. The analysis of ACG II & III is consisten
See the article here:
Fitch Ratings Downgrades Aviation Capital Group Trusts II & III
Illinois’ Economic Reality: More Bad News For Illinois Economy
Chicago – There is more bad news for Illinois’ economy after Fitch Ratings downgraded the state’s bond rating due to billions of dollars in…
Follow this link:
Illinois’ Economic Reality: More Bad News For Illinois Economy
Brian Carey Killed Fighting Fire: Firefighter, Resident Killed in Overnight Blaze In Homewood
A Homewood firefighter is dead this morning and another in critical condition after battling a ferocious blaze in the south suburb.
Excerpt from:
Brian Carey Killed Fighting Fire: Firefighter, Resident Killed in Overnight Blaze In Homewood
Fortune Brands to Webcast April 29th Conference Call on First Quarter Results
DEERFIELD, Ill.–(BUSINESS WIRE)–Fortune Brands, Inc. (NYSE: FO), the company behind leading consumer brands including Jim Beam, Titleist and Moen, will offer a live Internet webcast of its first quarter results conference call. The webcast will be available under “Webcasts and Presentations” in the Investor Relations section of the company’s web site, www.fortunebrands.com, beginning at 10:00 a.m. ET on Thursday, April 29, 2010. It is recommended that listeners log on 10 minutes prior to the s
Read more:
Fortune Brands to Webcast April 29th Conference Call on First Quarter Results
