Home Back Issues May 2011 Dealwatch- May 2011

Dealwatch- May 2011

| Print |  Email
Articles - May 2011
Wednesday, April 20, 2011
  1. Lake Oswego-based Greenbrier has announced orders to manufacture $325 million in new railcars. The deal calls for about 4,200 railcar platforms with expected delivery later in 2011. It also reflects a continued rebound for the company, which saw its backlog and deliveries plunge during the recession.
  2. A Texas restaurant and entertainment tycoon offered in April to buy Portland-based McCormick & Schmick's Seafood Restaurants for $137.3 million in a hostile takeover. Tilman Fertitta, the CEO of privately held Landry, owned about 10% of the company's 14.9 million shares, which made him the largest individual investor when he proposed the deal through a subsidiary.
  3. Milwaukie-based handbag maker Baggallini has accepted a $33.8 million acquisition offer from R.G. Barry, a footwear marketer based in Pickerington, Ohio. Baggallini, a private company launched in 1995 by a pair of flight attendants, reported an annual sales growth rate of 19% since 2006. Baggallini’s headquarters will remain in the region as a wholly owned subsidiary.
  4. The Portland-based Craft Brewers Alliance stands to make $16.3 million by selling its 42% ownership of the Chicago-based Goose Island brewery to St. Louis-based Anheuser-Busch, which announced it would buy the company for $38.8 million. Craft Brewers operates Portland’s Widmer Brother’s Brewing, Red Hook Ale Brewery of Woodinville, Wash., and distributes Kona Brewing Company products.
  5. A commercial real estate company in New York has purchased two Portland properties for a total of $21.4 million. Jonathan Rose Cos. has bought the 124-unit Collins Circle apartment building at SW 17th Avenue and Jefferson Street for $12.5 million. It also has bought the Yeon Building, a 15-floor tower at 522 SW Fifth Ave, for $8.9 million. The company plans renovations for both.
Corey Paul
 

More Articles

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS