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

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper reporters move into brand journalism.


Read more...

Podcast: Testing for Emotional Intelligence with John Hersey

Contributed Blogs
Friday, September 19, 2014
ivbU3sIXBY TOM COX | OB BLOGGER

How can you tell if you, a peer, a subordinate or a job candidate has the emotional intelligence needed to do well?


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