Hints and tips:
...The trust you place in us to provide accurate, helpful, and contextually appropriate advice is something we value above all, and it is clear that in these instances, we fell short of honouring that trust...
...and Toys R Us....
...real estate investment trust....
...Caesars, J Crew, Sears, Toys R Us and iHeartMedia are just some of the examples in recent years where pre-bankruptcy wheeling and dealing left creditors cold and looking for vengeance....
...Tom Braithwaite’s Top Line column takes a look at the legacy of Deutsche’s acquisition of Bankers Trust, which gave it a foothold in the US investment banking market....
...Sears and Darden, which owns Olive Garden, tried a different tack, setting up real estate investment trusts that rent space to the respective operating companies....
...Vornado’s significant retail moves have included taking part in the private equity buy-out of Toys R Us in 2006, and supporting the 2005 merger of Sears and Kmart by Eddie Lampert, the hedge fund billionaire...
...Rhett Butler’s People By Donald McCaig MacMillan £17.99, 480 pages FT bookshop price: £14.39 A sequel to Margaret Mitchell’s Gone with the Wind told from Rhett Butler’s perspective....
...The presence of the real estate investment trusts Kimco and Vornado - which also owns a 4.3 per cent stake in Sears, Roebuck - suggests those groups might want to break up the extensive property portfolio...
...The presence of the real estate investment trusts Kimco and Vornado - which also owns a 4.3 per cent stake in Sears, Roebuck - suggests the buyer could be keen to engineer a Kmart-style restructuring by...
...The sale of Toys R Us represents the latest chapter in the reshaping of the US retailing industry, which was kicked off by Kmart?s $11.5bn acquisition of Sears Roebuck, announced in November....
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