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Vertical Bridge Picks Up Portfolio of iHeartMedia Towers

2014-12-12 17:33:12| Telecom - Topix.net

Thomas H. Lee Partners LP and Bain Capital LLC control iHeartMedia, which was formerly known as Clear Channel Communications Inc. Class A shares of the company, which trade over the counter, gained 34 cents, or 4.75%, to $7.50 on Thursday. Richard Bressler, chief financial officer of iHeartMedia, said in a statement that the company continually reviews its assets to "operate them in the most efficient way possible and invest our resources in the highest return opportunities."

Tags: bridge portfolio vertical picks

 

Burbank Adds 140 Companies to Portfolio in Third Quarter

2014-12-11 00:02:15| Beverages - Topix.net

As chief investment officer of Passport Capital, the San Francisco hedge fund he founded in 2000, much of guru John Burbank 's success is due to a knack for anticipating trends - social, economic, political - that can affect investments. In the third quarter, Burbank bought stock in 140 companies that are new to his portfolio.

Tags: companies quarter portfolio adds

 
 

Celebrity Real Estate: Patrick Dempsey Adds L.A.'s 'One-Window House' to Portfolio

2014-12-10 20:48:31| Real Estate - Topix.net

Architecture buff and Grey's Anatomy actor Patrick Dempsey has reportedly closed on a $1.9M corrugated steel abode in Los Angeles known as the "One Window House." The midcentury compound with a two-bedroom main house and a stucco guest cottage connected by a redwood bridge received a major makeover by Touraine Richmond Architects about a decade ago, and is now a contemporary-meets-1950s mash-up.

Tags: real house las estate

 

a Blackstone to sell Equity Office Silicon Valley portfolio to Hudson Pacific for $3.5 billion

2014-12-08 09:19:12| Real Estate - Topix.net

In a stunning $3.5 billion deal, Blackstone Group LP is selling its Silicon Valley portfolio - a mammoth 8.2 million square feet managed under the Equity Office Properties flag - to Hudson Pacific Properties, a Los Angeles-based real estate investment trust, the Wall Street Journal reported Sunday night . The deal, which is not yet closed, marks the end of an era in Bay Area real estate.

Tags: office sell valley pacific

 

Dow Further Advances Portfolio Management Drive, Announces Additional Divestments

2014-12-08 02:20:35| chemicalonline Home Page

The Dow Chemical Company announced recently that it has signed definitive agreements to sell its global Sodium Borohydride business to Vertellus Specialty Materials LLC (Vertellus) and its polyolefin films plant in Findlay, Ohio to Valfilm North America, Inc. (Valfilm), a wholly-owned subsidiary of VALGROUP Packaging Solutions

Tags: additional management drive portfolio

 

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