March 2009 Blog Posts (3)

Wilshire Enterprises' Future Decided This Tuesday

Wilshire CEO Sherry Wilzig Izak with Mina Otsuka, her brother "Sir Ivan" and friends (left to right)

The end of the first round is approaching in this years most underreported proxy fight, the battle over Wilshire Enterprises (WOC) between Phil Goldstein's Bulldog Investors and Wilshire's CEO Sherry Wilzig Izak. Two directors will be elected at Tuesday's meeting, and… Continue

Added by Thomas Kirchner on March 20, 2009 at 8:05pm — No Comments

Chartres Lodging’s Acquisition and Repositioning of Adam’s Mark Hotels Named Deal of the Year in Prestigious Distressed Real Estate Competition

PALM BEACH, Fla.--(BUSINESS WIRE) March 19,2009--The acquisition and repositioning by The Chartres Lodging Group, LLC, of San Francisco, of the five-property,4,867-room Adam’s Mark hotel portfolio received top honors in a prestigious competition marking excellence in deal-making in the distressed middle-market investing, restructuring and turnaround marketplace.

Specifically, Chartres Lodging’s high-profile February 2008 purchase – one of the last major commercial real estate… Continue

Added by M&A Advisor Info on March 19, 2009 at 11:00am — No Comments

Image Entertainment's Buyout Collapses, Yet Again

Image Entertainment Is Yet Another Busted Buyout Image Entertainment (DISK) went through a change in leadership over the last year with the retirement of Marty Greenwald, who was replaced by ex-COO David Borshell, but one thing hasn't changed: its bad luck when trying to sell itself.

Readers of… Continue

Added by Thomas Kirchner on March 4, 2009 at 4:40pm — No Comments

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