+ Grouse Mountain Resort purchased by Northland Properties Corp. from CM (Canada) Asset Management Co. Ltd.; terms not disclosed
INTERESTING TRENDS IN RETAIL
+ Bed Bath & Beyond Inc., mired in a sales slump, sold off 2.1 million sq. ft. portfolio of stores, offices & distribution facilities in a US$250.0 million sale/leaseback transaction
+ Pier 1 Imports announced it will closed 450 of its 936 U.S. locations this year following six consecutive quarterly losses; no announcement on Canadian stores … tic toc
+ the battle for the Hudson’s Bay Company seems to have reached détente – the Catalyst Capital Group Inc. agreed to support the takeover bid by Rupert Acquisition LLC; $11.00/share seems to be the magic number ~ which leaves one to wonder if it was just green-mail all along??
+ Life is from the inside out. When you shift on the inside, life shifts on the outside. – Kamal Ravikant
+ Your goal in life is to find out the people who need you the most, to find out the business that needs you the most, to find the project and the art that needs you the most. There is something out there just for you. – Naval Ravikant
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