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For Sale by Owner, GM Raising Cash
Cash-strapped General Motors (GM) is dumping yet another Japanese alliance. Having hived off its stake in Fuji Heavy Industries last October and most of its holding in Suzuki Motor earlier this month, GM has embarked on what looks like yet another cash-raising exercise that could see it selling off its stake in Isuzu Motors, a Tokyo-based truckmake ...
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For Sale, Few Owners
WHEN Wayne Grissom, an up-and-coming estate agent in suburban Detroit, closed a big deal a few weeks back, he decided to upgrade his image with a new car. Instead of buying a big luxury saloon, he chose a new Jeep Grand Cherokee Orvis Edition. The Jeep comes with a CD player, leather seats and all the other accoutrements one would expect of a more ...
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How to Sell Your Business
There are a number of documents that you should prepare, both before you pursue a sale and once you start working with a business broker. Your first step is to get a formal business appraisal of your company so that you have an idea of its value, says Stan Crow, of S. Crow Collateral in Boise, Idaho. Your appraiser will need a couple of documents: ...
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Is a Short Sale Right for You
"Short sales" are a big topic in real estate these days. The term comes from homeowners, looking to sell their properties in the slumping market, who ask lenders to forgive the difference between the sale price and what they owe. The National Association of Realtors estimates that 40% of all homes sold today are distressed situations — either short ...
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It Is The After-Sales Service, Stupid
With the latest numbers showing U.S. vehicle sales slumping to a 15-year low, automakers are wondering where their next buyer is coming from. Clearly, winning new customers will require them to develop more reliable, exciting, and fuel-efficient vehicles, a task that could take years. But a recent survey by Bain & Co. suggests that automakers have ...
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One System To Be Shareholder in New Owner
One system to be shareholder in new owner Two hospital organizations have cashed out of their investments in PHNS, a Dallas-based information technology outsourcing company, while a hospital system that was an early investor also received cash but rolled over some of its equity into the acquiring company. ConJoin Group, an IT and business-process ...
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New FSBO articles this edition...
Retail Sales Hint At Less Bad Holidays
Signs of hope for retailers showed up in September sales data released Thursday, which largely beat analysts' expectations and were the best in 14 months. Then again, they didn't have to beat much after last year's sales slides. The chilliest September nationwide in the three years helped boost moderate and off-price specialty apparel retailers, ...
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Schiavone Owners in Legal Battle Over Firms Sale
Tensions, apparently simmering for years between the aging, now former principals of heavy-contracting firm Schiavone Construction Co. over the company's future and the executives' own financial stakes have now boiled over publicly in a federal civil lawsuit by one against the other. Company founder, chairman and CEO Ronald A. Schiavone, 82, charg ...
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Toxic Bank Asset Sales Delayed
In a sign that the U.S. banking system has recovered, the U.S. government said it is postponing a planned sale of toxic bank assets. Just three months ago, banks were so damaged that few investors were willing to lend them any money. The government had to step in and develop a program to sell some of the worst loans on the banks' books, clean out ...
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New Owner Not Moving Coyotes
NHL Commissioner Gary Bettman made it clear Tuesday that the pending sale of the Phoenix Coyotes to Chicago financier Matt Hulsizer was being completed with the idea the team would be staying in Arizona. "If anybody is speculating that this is a short-term play, they are off the mark," Bettman said after the NHL's Board of Governors meeting in Pal ...
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