How a ‘powerhouse’ reached the brink of collapse and a new owner’s plan to rebuild
Updated on Feb 12, 2021;
Published on Feb 11, 2021
Easton Hospital was acquired by St. Luke s University Health Network on July 2, 2020. Saed Hindash | For lehighvalleylive.com
Editor s Note
It s been less than a year since Easton Hospital nearly closed after serving as a community bedrock for more than a century. This story explains what happened and what the future holds.
Once a community bedrock, Easton Hospital today shows all the signs of a hospital on its last legs.
But new owner St. Luke’s University Health Network is optimistic it can overcome financial and operational hurdles to turn the beleaguered Wilson Borough hospital around.
After a month of record-breaking sales, a Brooklyn Heights townhouse hit the market asking $18.25 million.
The asking price on the 8,250-square-foot home pencils out to $2,212 per square foot. As a comparison, a mansion a couple of blocks away that’s about 3,000 square feet larger recently sold for over $25 million.
The six-bedroom home at 212 Columbia Heights listed last week. It appears to be owned by financier Mark Werner and his wife Dawn, according to property records. The couple bought the home in 2012 for $11 million. At the time, it was the priciest sale recorded in the borough since 2003, according to the Brooklyn Eagle.
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Opposition is mounting to an offer by Cerberus Capital Management and the controlling shareholders of Dorel Industries Inc. to take the company private as the clock ticks down to a scheduled vote on the proposed deal next week.
In a report published Monday, proxy advisory firm Institutional Shareholder Services (ISS) urges Dorel investors to vote against the proposed transaction, saying the future prospects for the manufacturer of bicycles and baby products outweigh the $16-a-share price they’re being offered to sell.
MONTREAL - Investor advisory firm Glass Lewis is recommending Dorel Industries Inc. shareholders vote against a revised proposal to take the company private
Daimler to split cars and trucks
Daimler to split cars and trucks
February 04, 2021
Historic auto giant to be divided into Mercedes-Benz and Daimler Trucks
One of the world’s oldest and largest auto-makers is changing its name again, as part of a major restructure of its business that will see Daimler AG’s car and van operations split from its truck and bus division.
The German auto giant also announced its intention to rename itself simply as ‘Mercedes-Benz‘ at an appropriate time, providing further distinction between its car/van business and Daimler Truck, while its Daimler Mobility financial service teams will be redeployed to each of the two major company divisions.