Maryland Daily Record Maryland's trusted source for business and legal news
Hertz Investment Group has purchased the Wells Fargo Tower in downtown Baltimore for $36.75 million.
Tagged with: office building purchase wells fargo
Read More »Wells Fargo Tower in Baltimore sells for $36M
Oracle said to near $5B purchase of Micros Systems
Oracle Corp. is nearing a $5 billion deal to buy Columbia, Maryland-based Micros Systems Inc., which provides hardware and software for hotels, restaurants and retailers.
Tagged with: merger oracle purchase
Read More »Finding right fit crucial for Jos. A. Bank, Men’s Wearhouse
A proposed merger of Men’s Wearhouse Inc. and Jos. A. Bank Clothiers Inc. is likely a major win for shareholders, but several sources in men’s fashion question the ability of the brands to fuse harmoniously.
Tagged with: breaking news Business JoS. A Bank maryland men's wearhouse merger purchase
Read More »W.R. Grace to buy Dow unit for $500M
Columbia-based W.R. Grace & Co. will acquire the Polypropylene Licensing and Catalysts unit of The Dow Chemical Company for $500 million.
Tagged with: acquisition Bankruptcy breaking news Business maryland merger purchase w.r. grace
Read More »Amazon’s Bezos completes Washington Post purchase
WASHINGTON — The Washington Post now belongs to Amazon founder Jeff Bezos. The Washington Post Co. said Tuesday that it had completed the sale of the newspaper publishing business to Bezos, who said in August he was buying it for ...
Tagged with: amazon News purchase washington post
Read More »Delegate asks Gansler if steps to cut backlog of gun applications are legal
ANNAPOLIS — A Maryland delegate is asking the state’s attorney general whether it’s legal for state police to allow up to 200 employees from five agencies to view prospective gun buyers’ information as the state churns through an application backlog. ...
Tagged with: application Attorney General doug gansler gun maryland purchase
Read More »Washington Post buying bulk of Celtic Healthcare
WASHINGTON — The Washington Post Co. is getting into the health care business with the purchase of a majority stake in Celtic Healthcare Inc., a provider of home health care and hospice services. The media and education company said Monday ...
Tagged with: purchase washington post
Read More »Penn National, Cordish talking?
Cordish Cos. officials declined to comment Wednesday on reports that Penn National Gaming Inc. is in talks to buy a minority stake in Maryland Live Casino at Arundel Mills mall, the state’s most successful gambling site.
Tagged with: Arundel Mills ballot Baltimore david cordish election gambling Gambling gaming hollywood casino maryland maryland live casino penn national purchase Question 7 Slots
Read More »Roland Park wants Baltimore Country Club
Residents of the well-groomed, historic Roland Park community are being asked to dig deep in their pockets to help purchase 17 acres of rolling open space at the Baltimore Country Club as part of a $10 million fundraising campaign. Nearly ...
Tagged with: community fundraising land maryland purchase
Read More »Bethesda-based Pebblebrook Trust acquires Hotel Milano for $30M
BETHESDA — Pebblebrook Hotel Trust announced Monday that it has acquired the Hotel Milano in downtown San Francisco for $30 million. The real estate investment trust said it will invest $8 million to $10 million over the next year to ...
Tagged with: bethesda Business Hotels maryland purchase san francisco
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