Dynex Capital (DX)
One of the company’s subsidiaries amended an agreement it has with Wells Fargo to increase its borrowing capacity to $250 million.
Landmark Apartment Trust of America
The local REIT made two more acquisitions of apartment complexes on Oct. 3 for a combined $58.8 million. The properties included the 384-unit Landmark at Woodland Trace Apartments in Cassleberry, Fla., and the 408-unit Landmark at Grayson Park Apartments in Tampa, Fla.
Media General (MEG)
The company set a special meeting for Nov. 7 at 11 a.m. at which its shareholders will vote on its proposed merger with New Young Broadcasting. The meeting will be held downtown at 111 N. 4th St.
Star Scientific (STSI)
The company entered into a series of transactions with Starion, LLC, a manufacturer of tobacco products that was recently formed by former employees of Star Tobacco, Inc. As part of those deals, Star sold Starion equipment and inventory previously used in Star Tobacco’s discontinued low-TSNA dissolvable smokeless tobacco business. Star in return gets two promissory notes totaling $589,500. Star also entered into a license agreement with Starion for certain trademarks and patents used in that discontinued business line. Star is entitled to receive royalty payments for the sale of dissolvable smokeless tobacco products developed by Starion using that intellectual property. Starion will sublease a portion of Star’s facility in Chase City, Va. Star exited the smokeless tobacco business in December 2012.
Universal Corp. (UVV)
Charles Foster Jr., a director, received 661 shares of previously restricted stock. He then sold those shares at $51.27 per share for a total of $33,000.
Dynex Capital (DX)
One of the company’s subsidiaries amended an agreement it has with Wells Fargo to increase its borrowing capacity to $250 million.
Landmark Apartment Trust of America
The local REIT made two more acquisitions of apartment complexes on Oct. 3 for a combined $58.8 million. The properties included the 384-unit Landmark at Woodland Trace Apartments in Cassleberry, Fla., and the 408-unit Landmark at Grayson Park Apartments in Tampa, Fla.
Media General (MEG)
The company set a special meeting for Nov. 7 at 11 a.m. at which its shareholders will vote on its proposed merger with New Young Broadcasting. The meeting will be held downtown at 111 N. 4th St.
Star Scientific (STSI)
The company entered into a series of transactions with Starion, LLC, a manufacturer of tobacco products that was recently formed by former employees of Star Tobacco, Inc. As part of those deals, Star sold Starion equipment and inventory previously used in Star Tobacco’s discontinued low-TSNA dissolvable smokeless tobacco business. Star in return gets two promissory notes totaling $589,500. Star also entered into a license agreement with Starion for certain trademarks and patents used in that discontinued business line. Star is entitled to receive royalty payments for the sale of dissolvable smokeless tobacco products developed by Starion using that intellectual property. Starion will sublease a portion of Star’s facility in Chase City, Va. Star exited the smokeless tobacco business in December 2012.
Universal Corp. (UVV)
Charles Foster Jr., a director, received 661 shares of previously restricted stock. He then sold those shares at $51.27 per share for a total of $33,000.
WSLS isn’t all that great. I only watch two shows on it. I hope dish holds out. They don’t deserve that kind of an increase. They don’t cpmpare to TNT. Get real.