Lots of insiders are buying and selling this week, and a California firm was able to persuade only a small fraction of shareholders of a local REIT to sell their shares at a fire sale price.
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Collateral damage
A 1,400-acre planned development in Chesterfield County’s Matoaca district is at the center of a legal dispute after one of its owners defaulted on huge loans.
Innsbrook company targeted in $100M deal
A Northern Virginia firm is planning to write a huge check to get its hands on a local web company.
RoomStore files bankruptcy
The Richmond-based furniture retailer has been battered by declining sales and unsustainable levels of debt.
Central Virginia Bank gets a little luster back
The local bank managed to work its way a step up out of the cellar during the third quarter, according to ratings released last week.
DealFlow: Investment banking round-up for 12.13.11
Deals this month from Stone & Youngberg, Scott & Stringfellow, Boxwood Partners and more.
Monday Q&A: 15,000 square feet and an exemplary tenant
House auctions are a dime a dozen, but it’s not every day that a house of God goes on the block.
Union wins judgment against Fergusons
Because they lied about their net worth on loan applications, a prominent bankrupt local couple will stay on the hook for $800,000 even after they exit bankruptcy.
Trading Day: Inside the SEC filings for 12.8.2011
Insiders are exercising all kinds of year-end stock options this week, plus a local company takes a big hit related to damages from a long-running legal dispute.
Moon bounces and fake tans
Markel has made yet another acquisition.