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Inside the battle for 1st Mariner
After days of auctions and sale hearings and sleepless nights of crunching numbers, a winner had been chosen. RKJS, made up of a local group of investors, would be the new owner of 1st Mariner Bank, snatching the prize from what had been the apparent winner only two days earlier.
Safeway in talks over possible sale of company
Safeway says it's in talks to possibly put itself up for sale.
Marriott sells three Edition hotels
Marriott International Inc., of Bethesda, the largest publicly traded hotel chain in the U.S., said it has sold an Edition-branded hotel in London, and signed binding agreements to sell two other company-owned Edition hotels currently under construction in Miami Beach and Manhattan.
Morgan Stanley building at Harbor Point for sale
Harbor Point’s only office building, the Thames Street Wharf, is for sale.
American Capital sells Delaware company
American Capital Ltd., of Bethesda, a private equity firm and global asset manager, said it and its affiliated funds received $167 million from the sale of its portfolio company DelStar Inc. and subsidiary DelStar Technologies Inc. to SWM International, of Alpharetta, Ga., a paper products supplier.
Insiders comment on Jos. A. Bank and Men’s Wearhouse
Hampstead-based men’s retailer Jos. A. Bank confirmed Wednesday that last month it approached The Men’s Wearhouse, its biggest rival, about purchasing the Texas-based company for $2.3 billion in cash
Report of possible company sale lifts BlackBerry stock
NEW YORK — Shares of BlackBerry Ltd. rose more than 3.5 percent Monday on a report that the company is in sale talks with a handful of companies. Reuters reported […]
Large apartment complex in Laurel sold
A partnership of Morgan Properties, of King of Prussia, Pa., and New York-based DRA Advisors LLC has purchased Park Laurel Apartments, a 526-unit garden apartment development in Laurel, for an undisclosed price, from sellers Graycliff Partners of New York and Dragone Management of Laurel.
Historic Cecil County estate to be sold
Bohemia Manor Farm, one of the oldest and most historic estates in Maryland, will be sold at auction on Oct. 12 by Easton-based DeCaro Luxury Real Estate Auctions.
Koch brothers drop pursuit of Tribune papers
The Koch brothers are dropping their pursuit of newspapers owned by the Tribune Co. of Chicago. Koch Industries, run by the billionaire brothers Charles and David, said Friday that it […]
Power companies dangle free nights and weekends
NEW YORK — Electric bills have long been take-it-or-leave-it affairs: Pay one rate for all the power you used the month before, no matter when you used it. But some […]
WMDT-TV announces sale to Montgomery Co. media firm
SALISBURY — A Montgomery County media company is buying the Eastern Shore’s WMDT-TV, an ABC affiliate station. WMDT-TV announced Thursday that Brookeville-based Marquee Broadcasting, Inc. had reached an agreement to […]
