Borders Can't Find Buyer, Issues Warrants
Oct 02, 2008
fter failing to find a buyer, Borders Group Inc. on Wednesday was forced to issue warrants to Pershing Square Capital Management LP, potentially giving its largest shareholder even more reason to push the bookseller toward a sale. Advertisement ...
UBS Sells Assets
Oct 02, 2008
UBS isn't waiting for the bailout to pass. It's found a way to move some of its commercial and residential mortgage assets. Terms were not disclosed so there's no way to know how much the bank marked down its assets or who bought them. But perhaps...
GameStop Acquires French Retailer
Oct 02, 2008
Grapevine-based GameStop Corp. announced it has acquired Micromania, a French video game retailer that has 332 locations throughout the country. The transaction, worth about $700 million in cash including the assumption of debt, still needs to be...
Mall Drives Traffic With Health Lectures
Oct 02, 2008
At The Oaks shopping center in Thousand Oaks, community health education seminars are being presented twice a month by Los Robles Hospital and Medical Center in cooperation with the mall's owner. "We thought this might be monthly, but there's...
Restaurants Get Better Leases
Oct 02, 2008
AP reporter (and frequent Retail Traffic contributor) Lauren Shepherd has an interesting story about how restaurants are...
Filene's Project Secures Financing
Oct 02, 2008
A few months ago we linked to an item from Boston about how the mayor wanted greater assurances from developers about financing...
Banking Consolidation's Effect
Oct 02, 2008
Over the past five or 10 years there has been a downright explosion of bank branches all over the place. With the rapid...
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