| Malone Moves to Oust Diller
Never underestimate John Malone when it comes to getting what he wants. The billionaire onetime cable baron has been hot on the trail of Home Shopping Network for months, eager to pressure its current owner, IAC/Interactive Corp. (IACI), into selling it to him. But insiders say that Barry Diller, IAC's CEO, is asking for too much. So Malone and his Liberty Media (LCAPA) are moving to oust Diller and stop a planned breakup of his online commerce company. The spoils? Likely a cut-rate deal for HSN, the TV shopping outfit, which Malone would then merge with Liberty's QVC shopping network into a giant television and online outlet for porcelain vases and zirconium jewelry. After months of negotiating, and some non-too-subtle jabs at Diller in the press and before investor forums, Liberty pulled out its nuclear option Jan.
IAC's shares jump 2% amid turmoil
IAC/InterActiveCorp, owner of the HSN home shopping network and Ticketmaster, rose almost 2 percent in U.S. trading on speculation billionaire John Malone will fail to wrest control of the company from chairman Barry Diller. Malone's Liberty Media Corp., which holds 30 percent of IAC's shares and 62 percent of its voting power, asked a court to let it oust Diller and six directors from IAC's board, according to a complaint filed Monday in Wilmington, Del. Liberty, the Douglas County-based owner of the QVC and Starz channels, wants to name three directors to IAC's board to fill the vacancies. IAC and Liberty traded lawsuits last week over Diller's plan to split IAC into five publicly traded companies and to halve Liberty's voting power. IAC rose 48 cents to $25.65 in Nasdaq composite trading, the highest since Jan.
The case against traffic lights
How much extra cost will the health system sustain because of accidents? Who has right of way? Tell that to drivers who insist that they own the road. Whilst they may be expensive and are not a pretty sight, they do save lives. I would suggest that we study history as to why they were introduced. For safety and traffic control.In those day the volume was zulch in comparison with todays traffic. I looked at the calender when I read the report, today is not April 1st. Sorry but thus is a daft & not thought through idea. .
Suggestions abound on how to fill once-thriving Redbird Mall
When Redbird Mall opened in 1975 at U.S. Highway 67 and Interstate 20, it was an instant hit because it was the only mall for miles around southern Dallas County. But the mall has been struggling since the early 1990s, when it developed a reputation for crime. Many area residents drove to the newer Parks at Arlington, which had twice as many stores. .
Letters to Santa
I also want to meet Miley Cyrus and take a picture with just Miley's family and me. I also want to take a picture with Hannah Montana and her family and Miley and me. I also want to take a picture with the High School Musical crew and their family and the whole crew from Hannah Montana. What do you want for Christmas Santa? How many presents are you gonna get me for Christmas? I already have a two wheeler bike already so you don't get me one. Maybe you probably want to get Lauren something that is Dora because Lauren, my sister loves Dora. I also want an ipod. Do you have a ipod? My cousin is very mean to me. I am a very good girl. Love, Cameron Dear Santa, For Christmas I want a real puppy. I ask my mom if I could have one but she said no. That's why I am asking you.
Urban Retail Properties, LLC Acquires Premier Shopping Destination ...
CHICAGO, Nov. 19 /PRNewswire/ -- Urban Retail Properties, LLC (www.urbanretail.com), proudly announces its acquisition of Oakland Mall, a premier shopping destination located in the vibrant community of Troy, Michigan. Boasting over 1.5 million square feet, Oakland Mall is home to Macy's, JCPenney and Sears and over 125 specialty stores, including Bath & Body Works, Victoria's Secret, Borders Books and Music and Steve and Barry's. This acquisition is a monumental play for Urban and its re-emergence as an owner/developer in the shopping center industry. Due to Urban's recent partnership with Principal Financial Group, who is advising a large institutional investor, it is able to move into an acquisition and development position and act with economic independence.
Pupil hit in head by scissors
A 13-YEAR-OLD girl had a pair of scissors "stuck in the back of her head" after an incident at a school in Orpington this morning. Police were called to Priory School in Tintagel Road at 10.50am after the incident during an humanities lesson. A sixth-form girl, 17, said: "A boy and girl were having an argument, the girl threw a paper ball at the boy and the boy threw scissors back and they stuck in the back of her head." A 17-year-old boy, another sixth-former at the school, added: "One of the teachers said 'Are you alright?' and she couldn't speak. "She got in the ambulance and there were scissors in the back of her head and you could only see the handle." The girl was taken to the Princess Royal University Hospital with non life-threatening injuries.
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