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Page 27 - சிஇஆர்பிஇஆர்யுவ்எஸ் மூலதனம் மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stratolaunch sends world s biggest airplane on second test flight

Stratolaunch’s Roc carrier plane flies above California’s Mojave Desert. (Stratolaunch via Twitter) Stratolaunch, the aerospace company founded by the late Seattle billionaire Paul Allen, put the world’s biggest airplane through its second flight test today, two years after the first flight. Today’s takeoff from California’s Mojave Air and Space Port at 7:28 a.m. PT marked the first time the plane, nicknamed Roc after the giant bird of Arabian and Persian mythology, got off the ground since Stratolaunch’s acquisition by Cerberus Capital Management in October 2019. Roc rose as high as 14,000 feet and traveled at a top speed of 199 mph during a flight that lasted three hours and 14 minutes which is close to an hour longer than the first flight on April 13, 2019. During that earlier flight, the airplane reached a maximum speed of 189 mph and maximum altitude of 17,000 feet.

Dorel Industries shares rise after Cerberus raises takeover offer to $16 per share

The increased offer was unanimously approved by Dorel s board, with members of the Schwartz family recusing themselves. The new offer is more than halfway between the fair market value of $14 to $17 per share set out in a formal evaluation by TD Securities Inc. as of Nov. 12. The termination fees also have been increased. Dorel must now pay $15.6 million if Cerberus chooses not to exercise its right to match a superior proposal, up from a break fee of $14.1 million. The break fee the buyer must pay if it does not close the deal has been raised to $26 million, up from $23.6 million.

Madison Realty Capital Provides $110 Million Loan for Master Planned Housing Development in

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Madison Realty Capital Provides $110 Million Loan for Master Planned Housing Development in . Madison Realty CapitalApril 21, 2021 GMT NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has provided a $110 million loan to a joint venture between Harridge Development, Silverpeak Real Estate Partners and an affiliate of Cerberus Capital Management for single family home lots located at 27812 South Western Avenue in San Pedro, California. To date, the majority of the lots in the master planned gated community have been sold or are in contract with home developers.

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