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By Bloomberg Business News The New York Times News Service contributed to this article | September 16, 1993
BOARDMAN, Ohio -- Edward J. DeBartolo's cash-starved shopping mall empire, following a pack of retail developers, is going public with the largest offering of a property-owning real estate investment trust to date.DeBartolo Realty Corp., a newly formed real estate investment trust, announced plans yesterday for an initial public offering that would raise up to $646 million and give the public a stake in 51 retail malls and seven strip shopping centers.The Edward J. DeBartolo Corp. owns or manages 70 malls and 21 strip shopping centers.
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By Vito Stellino and Vito Stellino,SUN STAFF | January 30, 2000
ATLANTA -- In a throwback to the era of dynasties in the NFL, three key figures on two of the sport's greatest dynasties were selected to the Pro Football Hall of Fame yesterday. Joe Montana and Ronnie Lott, the offensive and defensive heart of the San Francisco 49ers teams that won four Super Bowls in the 1980s, were elected along with Dan Rooney, the president of the Pittsburgh Steelers, who won four Super Bowls in the 1970s. Their teams were among the best ever and are being matched by NFL Films in the Millenium Bowl, the second half of which will be shown on ESPN2 tomorrow night.
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SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | December 3, 1997
The sudden resignation of Edward DeBartolo Jr., the only NFL owner to win five Super Bowls, as the head of the San Francisco 49ers is not expected to have a major impact on the team's fortunes.That's the opinion of several NFL owners because the team will stay in the family with his sister, Marie Denise DeBartolo York, stepping into the position of team chairman, and team president Carmen Policy, who has been running the day-to-day operations for years, remaining at his post. He will become a minority partner.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | January 30, 1999
MIAMI -- Super Bowl XXXIII might be the last NFL game that could be decided by a bad officiating call that league officials would be powerless to reverse.Although team owners rejected the idea of bringing back instant replay for the playoffs after a series of bad calls marred the second half of the season, commissioner Paul Tagliabue predicted at his annual Super Bowl news conference yesterday that replay will be back next year."I'm optimistic, but nothing in the NFL is a certainty," Tagliabue said, while conceding that replay could create as many problems as it solves.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | January 12, 1997
So you think NFL owners are going to become more impatient now that Carolina and Jacksonville are a step from the Super Bowl in their second seasons?That's the conventional wisdom, but you can bet that won't be the case with San Francisco 49ers owner Eddie DeBartolo Jr.He already leads the league in being impatient.By subsidizing the team with the money from his late father's shopping mall empire, DeBartolo has spared no expense to win. He made Steve Young one of the highest-paid players in the league when he was a backup to Joe Montana as his insurance policy.
BUSINESS
December 15, 1993
Miners end 7-month strikeThe United Mine Workers voted yesterday to approve a five-year contract, ending a seven-month strike that reached seven states and involved some of the nation's largest coal operators.The vote means that "about 95 percent" of the 17,500 striking miners would be back on the job by tomorrow morning, said UMW President Richard Trumka.Sales of U.S.-built autos up 5.3%Sales of domestically built cars and trucks rose a modest 5.3 percent in early December, automakers reported yesterday.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | January 30, 1999
MIAMI -- Super Bowl XXXIII might be the last NFL game that could be decided by a bad officiating call that league officials would be powerless to reverse.Although team owners rejected the idea of bringing back instant replay for the playoffs after a series of bad calls marred the second half of the season, commissioner Paul Tagliabue predicted at his annual Super Bowl news conference yesterday that replay will be back next year."I'm optimistic, but nothing in the NFL is a certainty," Tagliabue said, while conceding that replay could create as many problems as it solves.
SPORTS
May 29, 1991
DeBartolo is unlikely to sell PenguinsEdward J. DeBartolo, who finally joined his son as the owner of a championship team, said yesterday that the Pittsburgh Penguins' unexpected Stanley Cup title makes it less likely he will sell the club.DeBartolo, a multimillionaire real estate developer from Youngstown, Ohio, reportedly put the team up for sale several months ago after his DeBartolo Corp. experienced cash flow problems. Five or six prospective buyers expressed interest, but no deal was ever close to completion, DeBartolo said.
SPORTS
By San Francisco Chronicle | April 19, 1993
SAN FRANCISCO -- The San Francisco 49ers decided yesterday to give Joe Montana not only what he wanted, but also a lot more. In a stunning change, the team said Montana could have his old job back as the starting quarterback. Montana is expected to accept the offer today, ending months of speculation about his future.News of this latest twist came just one day after trade talks between the 49ers and Kansas City Chiefs, Montana's team of choice, broke down, and only three days after coach George Seifert restated his long-held position that Steve Young, last year's NFL MVP, was the starting quarterback.
SPORTS
By Vito Stellino and Vito Stellino,Sun Staff Writer | January 28, 1995
MIAMI -- At the start of the season, when Deion Sanders spurned a better offer from New Orleans to sign with the San Francisco 49ers, Saints owner Tom Benson thundered, "What kind of a Mickey Mouse organization do we have out there?"The NFL now has the answer.It has one that's going to play in the Super Bowl tomorrow.One of the reasons the 49ers were able to do it is the creative way they were able to handle the salary cap -- in part using their winning reputation to lure players like Sanders for below their market value.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | February 20, 1998
Rouse Co. has been thwarted in an effort to acquire a prominent New York mall owner, a deal that would have doubled the Columbia-based company's size and made it one of the nation's top three retail real estate holders.Rouse's effort to buy Corporate Property Investors Inc. was dashed yesterday when rival Simon DeBartolo Group Inc. of Indianapolis bid a whopping $5.78 billion for the private real estate investment trust, which owns 28 lucrative office and retail projects from New York to California.
BUSINESS
By BLOOMBERG NEWS | December 30, 1997
INDIANAPOLIS -- Simon DeBartolo Group Inc. and Macerich Co. said yesterday that they agreed to buy 12 malls from an International Business Machine Corp. pension fund for $974.5 million, highlighting the mall industry's consolidation.Indianapolis-based Simon DeBartolo, the nation's largest real estate company, and Santa Monica, Calif.-based Macerich formed a 50-50 joint venture to buy the properties, which are located in eight states from South Dakota to Florida. The purchase price includes the assumption of $485 million of debt.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | December 3, 1997
The sudden resignation of Edward DeBartolo Jr., the only NFL owner to win five Super Bowls, as the head of the San Francisco 49ers is not expected to have a major impact on the team's fortunes.That's the opinion of several NFL owners because the team will stay in the family with his sister, Marie Denise DeBartolo York, stepping into the position of team chairman, and team president Carmen Policy, who has been running the day-to-day operations for years, remaining at his post. He will become a minority partner.
SPORTS
By Vito Stellino and Vito Stellino,SUN STAFF | January 12, 1997
So you think NFL owners are going to become more impatient now that Carolina and Jacksonville are a step from the Super Bowl in their second seasons?That's the conventional wisdom, but you can bet that won't be the case with San Francisco 49ers owner Eddie DeBartolo Jr.He already leads the league in being impatient.By subsidizing the team with the money from his late father's shopping mall empire, DeBartolo has spared no expense to win. He made Steve Young one of the highest-paid players in the league when he was a backup to Joe Montana as his insurance policy.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | March 27, 1996
Retail mall giants Simon Property Group Inc. and the DeBartolo Realty Corp. yesterday announced a corporate marriage that will create North America's largest real estate concern, with a market capitalization of $7.5 billion.Together, Simon and DeBartolo will own 183 retail projects containing 110 million square feet, more than twice the amount of retail space in the Baltimore metropolitan area, according to statistics compiled by real estate firm KLNB Inc.The $1.5 billion stock merger also will make the Simon DeBartolo Group, as the new entity will be known, the nation's largest real estate investment trust (REIT)
SPORTS
By Ross Peddicord and Ross Peddicord,Sun Staff Writer | September 17, 1995
Whatever happened to Oliver's Twist?The local 3-year-old who nearly stole this year's Preakness might resurface in the Maryland Million Classic.But it's no sure thing.Trainer Billy Boniface had hoped to start the colt in the Pennsylvania Derby on Labor Day after the horse spent most of the summer recuperating from a disastrous race in the June 17 Ohio Derby. "Oliver" was nearly eased in that race and it's still undetermined what caused the poor performance.Now a bruised foot has impeded the horse's latest comeback attempt, although Boniface said the son of Horatius is in training "and I'm doing everything I can to get him to the Million, since it doesn't look like it's going to be that tough a race."
SPORTS
By Randy Galloway and Randy Galloway,Dallas Morning News | April 20, 1993
DALLAS -- George Seifert of the San Francisco 49ers. Known to be a nice man. Known to be intelligent. Known to be a good coach. By choice, however, he does wear a rope around his neck.In his contribution to the surfer look, Seifert attaches the rope to his eyeglasses.But when spotted on ESPN the other night, I swear that thing had become a noose. For his own welfare, I was hoping Seifert was being kept under close watch. You wouldn't want him to wander near any tree limbs.In a strange scene, and embarrassing moment, Seifert faced the TV cameras to explain why, "on second thought," Joe Montana was now his starter at quarterback.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | October 22, 1992
The Army Corps of Engineers is expected to approve soon one of the biggest real estate development projects in Maryland -- a $115 million expansion of the Army Research Laboratory in Adelphi.The expansion in Adelphi, which straddles the border of Prince George's and Montgomery counties, is aimed at consolidating part, if not all, of at least four Army research laboratories in other parts of the country.Dennis Murphy, president of the Economic Development Corp. for Prince George's County, said the consolidation is expected to bring 500 "high-level research laboratory people to the area."
SPORTS
By Vito Stellino and Vito Stellino,Sun Staff Writer | January 28, 1995
MIAMI -- At the start of the season, when Deion Sanders spurned a better offer from New Orleans to sign with the San Francisco 49ers, Saints owner Tom Benson thundered, "What kind of a Mickey Mouse organization do we have out there?"The NFL now has the answer.It has one that's going to play in the Super Bowl tomorrow.One of the reasons the 49ers were able to do it is the creative way they were able to handle the salary cap -- in part using their winning reputation to lure players like Sanders for below their market value.
BUSINESS
December 15, 1993
Miners end 7-month strikeThe United Mine Workers voted yesterday to approve a five-year contract, ending a seven-month strike that reached seven states and involved some of the nation's largest coal operators.The vote means that "about 95 percent" of the 17,500 striking miners would be back on the job by tomorrow morning, said UMW President Richard Trumka.Sales of U.S.-built autos up 5.3%Sales of domestically built cars and trucks rose a modest 5.3 percent in early December, automakers reported yesterday.
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