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On April 1, 2007, Chicago-based real estate investor Sam Zell announced plans to purchase the Tribune Company in an $8.2-billion leveraged buyout that gave Tribune employees stock and effective ownership of the company. The transaction and concurring privatization of the company was completed upon termination of Tribune stock at the close of ...
Webster-Chicago simplified the design and developed a recorder that sold for only $150, half the price of competing models. [2] By the 1950s it was the leading manufacturer of wire recorders in the United States. [3] The wire recorder business was short-lived.
Putnam established Universal Recording Corp. north of Downtown Chicago in Evanston, Illinois in 1946. [2] His partners were Bernie Clapper (a former Valparaiso Technical Institute roommate) and Bob Weber (who Putnam had met while working with the U.S. Army). The initial investment, most of which Putnam had borrowed from his family, was $20,000.
Polk Brothers was a large home appliance and electronics retailer in Chicago, Illinois that had 17 stores in the region at its peak in the 1980s.. Polk Bros. was the dominating electronics/appliance retailer in the Chicago market through the 1980s.
In June 2013, a venture of Chicago-based real estate investment firm Hearn Co., New York–based investment firm Mount Kellett Capital Management L.P. and San Antonio–based developer Lynd Co. closed on the expected acquisition of 875 North Michigan Avenue's 856,000 square feet (79,500 m 2 ) of office space and 710-car parking deck.
The Salt Shed is an indoor and outdoor music venue/entertainment hub located in West Town, Chicago. The area was previously owned by Morton Salt before they relocated their facility. The outdoor section adjacent to the Chicago River and Goose Island, named "The Fairgrounds", holds a capacity of 5,000 people. The indoor section, named "The Shed ...
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