Equipment sellers in Spain, Los Angeles and Dubai benefit from global reach of Ritchie Bros.

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries – including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross auction proceeds. Ritchie Bros. the world’s largest... 

JRK Property Holdings Announces the Acquisition of a 17 Multifamily Property Portfolio Valued in Excess of $285 Million

JRK Property Holdings, Inc. (“JRK”) announced a major multifamily property acquisition from Apartment Investment and Management Company (“AIMCO”) valued in excess of $285 Million. The acquisition was capitalized through a joint venture with JRK Birchmont Advisors, the private equity division of JRK. The portfolio, which represents the third joint venture with JRK Birchmont Advisors and the fourth transaction consummated with... 

RSC Equipment Rental Appoints Robert C. Fox II, Senior Vice President, Human Resources

RSC Equipment Rental, Inc., the operating entity for RSC Holdings Inc. one of the largest equipment rental providers in North America, announced today that Robert C. Fox II, a seasoned human resources executive with considerable experience in leadership development and succession planning gained during over 30 years in business, has joined the firm as Senior Vice President – Human Resources. “We are very pleased to have Bob Fox join our management... 

USG Corporation Announces Agreement to Sell $400 Million of Contingent Convertible Senior Notes

USG Corporation, a leading building products company, reported that it has entered into an agreement to sell a total of $400 million of 10 percent contingent convertible senior notes due 2018, $300 million to Berkshire Hathaway Inc. and $100 million to Fairfax Financial Holdings Limited. The notes will initially bear interest at a rate of 10 percent per annum. In accordance with New York Stock Exchange rules, USG will seek shareholder approval to... 

LandAmerica Moves Forward

LandAmerica Financial Group, Inc. announces that the merger agreement previously executed on November 7, 2008 with Fidelity National Financial, Inc. (“Fidelity”) has been terminated. Under the agreement, Fidelity had sole discretion to terminate on or before November 21, 2008. LandAmerica Chairman and Chief Executive Officer Theodore L. Chandler, Jr. said, “We are disappointed with Fidelity’s decision; however, our attention... 

Fidelity National Financial, Inc. Announces the Termination of Definitive Merger Agreement with LandAmerica Financial Group, Inc.

Fidelity National Financial, Inc. announced the termination of its definitive merger agreement with LandAmerica Financial Group, Inc., pursuant to its contractual due diligence termination right. Fidelity National Financial, Inc. is a leading provider of title insurance, specialty insurance, claims management services and information services. FNF is one of the nation’s largest title insurance companies through its title insurance underwriters... 

GFI Energy Ventures LLC Completes Sale of NORESCO to Carrier Corp.

GFI Energy Ventures LLC announced today the completion of the sale of its portfolio company, NORESCO, one of the largest providers of energy management and performance contracting services in the United States, to Carrier Corp., the world’s largest provider of HVAC and refrigeration solutions and a subsidiary of United Technologies Corp. NORESCO was previously owned by the OCM/GFI Power Opportunities Fund II, L.P., a private equity fund co-managed... 

MSB, Enservio Link Speeds Contents Claim Processing

Property insurance information provider MSB and contents valuation provider Enservio deliver good news to the property insurance industry. Today the companies announce an alliance for delivering contents valuations for property claims through electronic integration between MSB’s IntegriClaim® property claim estimating solution and Enservio’s contents claims management process. Property insurers leveraging IntegriClaim’s Administrator... 

Research and Markets: Prefabricated Building and Kit Home Manufacturing in Australia Is An In-Depth Study Containing Statistics, Trends, Forecasts And Competitor Information

Veolia Energy North America, a leader in sustainable energy services and facility operations and management solutions, is pleased to announce that it has entered into an agreement with MultiLayer Coating Technologies, LLC (MCT) to manage an on-site thermal energy plant at MCT’s newly acquired manufacturing facility in New Bedford, Massachusetts. Veolia Energy will also be providing energy procurement services to MCT. “In today’s market, industrial... 

Ski-in, Ski-out Crystal Peak Lodge Becomes Luxurious Cornerstone of Breckenridge Resorts New Peak 7 Base Village

One of the most popular ski and snowboard resorts in North America, Breckenridge Resort, Colo., is unveiling a new base village area this winter that features luxurious ski-in, ski-out accommodations and skier services. The Crystal Peak Lodge, opening today, is the centerpiece of Breckenridge Ski Resort’s new Peak 7 base village, which features a Mediterranean-themed dining experience at Sevens restaurant, a ski and ride school, a rental and...