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Potential Buyers

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BUSINESS
By SAN JOSE MERCURY NEWS | January 10, 2006
SAN JOSE, Calif. -- Knight Ridder is scheduled to begin meeting with potential buyers this week in the next step of offering itself for sale under pressure from unhappy shareholders. The presentations for potential buyers will take two or three days each and the process could last two to three weeks, according to people familiar with the situation. A Knight Ridder spokesman declined to comment yesterday. The San Jose-based company - the nation's second-largest newspaper chain and owner of 32 daily papers - has been pressured by three major stockholders to put itself up for sale.
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BUSINESS
By Lorraine Mirabella, The Baltimore Sun | May 21, 2012
The struggling Sparrows Point steel mill could be sold within the next six months, mill owner RG Steel said Monday. "We're not going to be specific at this time," said Bette Kovach, an RG Steel spokeswoman, as she confirmed comments by two company executives that potential buyers were eyeing the Baltimore County plant, as well as others owned by the firm. Speaking last week to the Baltimore chapter of the Association of Women in the Metal Industries, Jerry Nelson, RG Steel's chief commercial officer, said that "people have expressed interest" in acquiring some RG Steel plants and that "I think it's safe to say everything is on the table.
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BUSINESS
April 13, 1997
From condominiums to townhouses to luxury homes, Towson homeowners are preparing to open up their homes to potential buyers.Next weekend the Towson Partnership will hold the Towson Neighborhood Open House, which is geared to show the benefits of owning and living in one of Towson's many neighborhoods.On Saturday, the event will be held on the first level of the Towson Town Center, where Realtors will have brochures available on homes for sale in the area, according to Nancy Horst of the Towson Partnership.
BUSINESS
By Hanah Cho, The Baltimore Sun | August 11, 2010
Maryland Secretary of State John P. McDonough, who is spearheading efforts to keep Rosecroft Raceway open, said Wednesday that there are two or three potential parties who have expressed interest in buying the harness track that closed in June. McDonough said the unidentified potential purchasers would be willing to step up if real estate developer Mark Vogel, a former owner of the track, is not successful in re-acquiring it. A Delaware bankruptcy judge earlier this year rejected Vogel's deal to purchase the track, which filed for bankruptcy in June 2009.
BUSINESS
By Maria Mallory | January 18, 1991
Do-it-yourself home-improvement retailer Channel Home Centers Inc. has been approached by potential buyers interested in purchasing the 11 Maryland stores it is planning to sell or close as part of a bankruptcy reorganization plan, Channel President Joseph Nusim said yesterday.According to Mr. Nusim, "several" potential buyers, including rival hardware chains, expressed interest in Channel's Maryland outlets -- seven of which are in the greater Baltimore area."We are in the process of attempting to sell all those stores as group" he said, adding it was too early to tell when or if the sales would actually occur.
BUSINESS
By ALLISON CONNOLLY and ALLISON CONNOLLY,SUN REPORTER | June 1, 2006
Mittal Steel Co. NV has begun showcasing its Sparrows Point steel mill to potential buyers, believing that it might have to sell the plant for antitrust reasons if it wins a hostile takeover fight for its biggest global rival, Arcelor SA. Mittal officials confirmed yesterday that representatives of German steelmaker ThyssenKrupp AG expressed interest after touring the Baltimore County complex last week. Plant general manager Thomas Russo declined to comment on the ThyssenKrupp visit, other than to say he was "glad we have interest."
SPORTS
By Jon Morgan and Jon Morgan,SUN STAFF | February 22, 1997
If you buy a Ravens permanent seat license, you will: have to buy a ticket to every home game the team plays, including playoffs; give the team $50 before selling the license to your neighbor; and agree not to sue if a drunk knocks you down a flight of stairs in the upper deck.And if, by chance, the Ravens leave Baltimore, you won't get your money back.The fine print of the Ravens' controversial seat-licensing plan has finally gone out to potential buyers. The six-page, densely written document covers everything from the team's potential relocation -- an eventuality rendered unlikely by its 30-year stadium lease -- to who can sue whom in the event you slip on a melted ice cream cone.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | April 17, 2007
Officials from Chicago-based Esmark Inc. toured Sparrows Point yesterday, the latest in a string of potential buyers that have filed through the Baltimore County steel plant in the past two weeks. Netherlands-based Mittal Steel Co. NV, which must sell Sparrows Point to abide by a Justice Department ruling, has been tight-lipped about who has come through the plant. Workers say the tours are led by managers, who refuse to disclose who the interested parties are. Esmark's chairman and chief executive officer, James P. Bouchard, confirmed yesterday that he was at the plant for a tour.
NEWS
By Andrea F. Siegel | September 7, 2007
Owners of the legendary Club 4100 in Brooklyn Park were negotiating with potential buyers late yesterday after a morning auction failed to produce a winning bid. "We withdrew it at $650,000," said auctioneer Andrew J. Billig, who said owners Manny and Dino Spanomanolis, who want to retire, "were not going to let it go" at that price. He would not identify the potential buyers but said negotiations were particularly "close" with one. The auction of the 48-year-old former hangout of Johnny Unitas and other Baltimore Colts drew more than 200 people, a handful of them bidders.
SPORTS
By Tom Keyser and Tom Keyser,SUN STAFF | September 14, 2002
Standardbred horsemen have been summoned to a meeting Wednesday at Rosecroft Raceway to consider bids from potential buyers for the harness track in Prince George's County. The Cloverleaf Standardbred Owners Association, which owns the track, has summoned its members - trainers, breeders and horse owners - to the meeting at 1 p.m. "to review and comment on the possible sale of Rosecroft Raceway," according to a notice circulated to members. The notice says that Rosecroft's CEO, Tom Chuckas Jr., and potential buyers "will make a presentation, explain the components of the sale and answer questions from the general membership.
BUSINESS
By Hanah Cho and Hanah Cho,Hanah.cho@baltsun.com | November 3, 2009
The sale of Maryland's thoroughbred tracks and the storied Preakness Stakes began Monday with potential bidders submitting initial proposals for Pimlico Race Course and Laurel Park. The names of interested purchasers are not made public during the initial bid stage. A lead, or "stalking horse," bid for the Maryland assets will be announced Nov. 9, "if we have someone worthy of it," said Brian Rosen, a New York-based attorney representing Magna Entertainment Corp., the bankrupt owner of Laurel Park and Pimlico.
BUSINESS
By KEN HARNEY | February 1, 2009
LAS VEGAS - If you'd love to purchase a new house but you're sitting on the fence, what exactly would it take to get you to buy? Mortgage rates lower than today's 5 percent range? Smaller down payments? Below-market value pricing? Special amenity packages? Or a big tax credit? What's the magic mix that will get you motivated? Or is it unlikely you'll get off the fence as long as you're worried about the economy and further drops in real estate values? Questions like these are at the core of the housing industry's problem: Builders are stuck with bulging inventories of homes - most of them priced lower than six months or a year ago - that are still not selling.
BUSINESS
By New York Times News Service | November 22, 2008
NEW YORK - With the sharp stock market decline for Citigroup rapidly becoming a full-blown crisis of confidence, the company's executives entered into talks with federal officials yesterday about how to stabilize the struggling financial giant. In tense meetings and telephone calls, the executives and officials weighed several options, including whether to replace Citigroup Inc.'s leadership or sell all or part of the company. Other options discussed included having the government try to steady Citigroup with a public endorsement or a new financial lifeline, people involved in the talks said.
BUSINESS
By Andrea F. Siegel and Andrea F. Siegel,Sun reporter | July 20, 2008
The brick townhouse is a bright eight-year-old end unit with a list of upgrades - $10,000 in plantation shutters alone - and tasteful decor. Outside, it has a deck screened for privacy; inside, it has a big kitchen island. It's also in a convenient location, all likely pluses. However, condos and apartments recently replaced the trees that were behind it and a dozen other townhouses are for sale in this Owings Mills complex, including three end units. All factors likely to limit its appeal.
BUSINESS
By Andrea F. Siegel and Andrea F. Siegel,Sun reporter | December 2, 2007
There'll be cooking going on, Christmas lights going up, festive ribbons going around gifts. And, perhaps, company going in and out. Potential buyers may see some or all of that if they size up the Bolton Hill home of Drs. Ann Halbower and Rubin Tuder during the holiday season. The couple yearn less for Santa and more for a buyer for their Baltimore house, which has been on the market since September. Although this is the time of year when home buyers are rumored to hibernate before re-emerging when the weather warms, the couple are looking for someone willing to make a change in the cold weather like themselves.
NEWS
By Andrea F. Siegel | September 7, 2007
Owners of the legendary Club 4100 in Brooklyn Park were negotiating with potential buyers late yesterday after a morning auction failed to produce a winning bid. "We withdrew it at $650,000," said auctioneer Andrew J. Billig, who said owners Manny and Dino Spanomanolis, who want to retire, "were not going to let it go" at that price. He would not identify the potential buyers but said negotiations were particularly "close" with one. The auction of the 48-year-old former hangout of Johnny Unitas and other Baltimore Colts drew more than 200 people, a handful of them bidders.
BUSINESS
By Bloomberg News | November 21, 2004
U.S. homebuilders remain optimistic on housing demand A gauge of U.S. homebuilder optimism was unchanged this month at the highest level of the year, a private survey released last week showed. The National Association of Home Builders said its measure of builder confidence in demand for single-family houses held at 71, the third month in four the index has reached that level. The last time the Washington-based group's index was higher was in October last year. Mortgage rates within a percentage point of last year's record low have kept potential buyers in the market and helped spur building activity.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun Staff Writer | February 8, 1995
Sharply rising interest rates and weak consumer confidence drove new home sales in 1994 to their lowest point in four years, Legg Mason Realty Group Inc. said yesterday in its quarterly survey of Baltimore-area homebuilders.Sales of new, single-family homes, townhouses and condominiums fell 14 percent, from 10,412 in 1993 to 8,998 last year, the realty group said. Sales had been climbing steadily each year since 1990, when 8,232 homes were sold.Baltimore shared the downturn with neighboring regions, as new home sales from Philadelphia to Northern Virginia slid 8 percent.
BUSINESS
By Rick Popely and Rick Popely,Chicago Tribune | June 2, 2007
Despite a record U.S. population and more licensed drivers than ever, sales of new vehicles slipped nearly 3 percent last year to their lowest level since 1998 and are down the same amount this year. Analysts and auto manufacturers point to several factors for the sales slide, including high gas prices, sagging home values and sluggish economic growth. But those who study car-buying habits see another factor keeping a lid on car sales: the aggressive borrowing habits of consumers today.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | April 17, 2007
Officials from Chicago-based Esmark Inc. toured Sparrows Point yesterday, the latest in a string of potential buyers that have filed through the Baltimore County steel plant in the past two weeks. Netherlands-based Mittal Steel Co. NV, which must sell Sparrows Point to abide by a Justice Department ruling, has been tight-lipped about who has come through the plant. Workers say the tours are led by managers, who refuse to disclose who the interested parties are. Esmark's chairman and chief executive officer, James P. Bouchard, confirmed yesterday that he was at the plant for a tour.
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