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STAG Hires Norberg as VP of Acquisitions
Mergers & Acquisitions |
2007/03/20 15:00
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STAG Capital Partners hired Ted Norberg as its vice president of acquisitions. Based in the Boston office, Norberg will be in charge of managing STAG's acquisition activity for the New England and Mid-Atlantic regions comprising of: New York, Pennsylvania, New Jersey, Maryland, Delaware, Virginia, West Virginia and New England. Prior to joining STAG Capital Partners, Norberg was a New England area vice president of acquisitions responsible for sourcing, negotiating, and closing assets acquisitions for a 1031 exchange Tenant in Common platform and a value-add opportunity fund with NPV/Direct Invest. Norberg also worked at General Investment and Development, where he performed asset acquisitions for its office and multifamily funds. Norberg holds a bachelor's from Boston College and achieved his CPA working for three years with Ernst & Young's Mergers and Acquisitions Advisory Group in New York. |
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Nexstar Broadcasting Group Completes Purchase
Mergers & Acquisitions |
2007/01/03 11:06
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Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) has completed the purchase of the assets of WTAJ-TV, the CBS affiliate serving the Johnstown/Altoona, Pennsylvania market for $56 million from Television Station Group Holdings, LLC, which is primarily owned by Boston Ventures and Alta Communications. According to Nielsen Media 2006-2007 Local Market Estimates, Johnstown/Altoona, Pennsylvania is the 98th largest television market in the country. As part of the purchase consideration, Nexstar also acquired the license and certain assets and contracts of WLYH-TV, in Lancaster PA, whereby another broadcaster now operates the station under a grandfathered Time Brokerage Agreement that extends until 2015. Nexstar closed at $4.65 on Friday.
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website and help you redesign your existing law firm site to secure your place in the internet. |
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