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

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...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


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