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Real Estate

Four Seasons Hotels Inc. to be taken private by Gates, Alwaleed

Four Seasons Hotels Inc., the manager of 74 luxury hotels, agreed to be taken private by Microsoft Corp. Chairman Bill Gates, Saudi Prince Alwaleed Bin Talal and the company's chief executive officer for $3.8 billion including debt.

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Court of Appeals denies Baltimore’s ‘quick take’ attempt

Before it can proceed with a quick-take condemnation action of a Charles Street bar and package goods store, the city of Baltimore must demonstrate the reasons why it is necessary to have immediate possession of the property, the Court of Appeals held Thursday.

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Equity Office shareholders approve Blackstone buyout offer of $23B

Equity Office Properties Trust shareholders overwhelmingly approved a $23 billion all-cash buyout offer Wednesday from the private equity firm Blackstone Group, sealing the deal on an acquisition that ended with a down-to-the-wire bidding war.

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New trend for commercial leases

When Peter Notari pays utility bills for his architectural firm, Notari Associates, he writes his checks directly to Baltimore Gas & Electric Co., not his landlord.

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