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Archives - May 2006
Monday, May 01, 2006

{safe_alt_text}New management took over at the Oregon Garden last month. Moonstone Hotel Properties of Cambria, Calif., plans to add a 100-room hotel to the grounds sometime next year, with a groundbreaking getting under way this summer. Moonstone will take over for the financially troubled nonprofit and assume the costs and responsibilities of operating the garden and paying down the garden’s debt with future proceeds. “Our long-term goal is to help revitalize the Oregon Garden,” says Lynda Gill, Moonstone’s director of operations. Moonstone owns a network of 10 inns, most of them in California and many with garden themes.

 

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The global challenge

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Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


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Portland: Where young people go to work?

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