financetom
Business
financetom
/
Business
/
CBL Properties Completes Sale of Utah Mall to Second Horizon Capital
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CBL Properties Completes Sale of Utah Mall to Second Horizon Capital
Aug 7, 2024 10:13 AM

12:59 PM EDT, 08/07/2024 (MT Newswires) -- CBL Properties (CBL) said Wednesday it closed the sale of Layton Hills Mall in Utah to Second Horizon Capital for $37.1 million.

CBL said it used the proceeds to pay down a term loan with the principal balance reduced to $749.8 million.

Price: 24.96, Change: +0.28, Percent Change: +1.16

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Apr 12, 2024
01:24 PM EDT, 04/12/2024 (MT Newswires) -- Consumer stocks were in the red Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.8%. In corporate news, Johnson Controls ( JCI ) shares slumped 0.5% after it said Friday that its Tyco Fire Products unit has agreed...
BRIEF-Us Steel Shareholders Voted In Favor Of A $14.1 Billion Takeover Offer By Nippon Steel- Bloomberg News
BRIEF-Us Steel Shareholders Voted In Favor Of A $14.1 Billion Takeover Offer By Nippon Steel- Bloomberg News
Apr 12, 2024
April 12 (Reuters) - Nippon Steel Corp ( NISTF ): * US STEEL SHAREHOLDERS VOTED IN FAVOR OF A $14.1 BILLION TAKEOVER OFFER BY NIPPON STEEL- BLOOMBERG NEWS Source text: https://tinyurl.com/ch52unav Further company coverage: ...
Unity Bancorp Q1 Earnings Decline, Revenue Rises
Unity Bancorp Q1 Earnings Decline, Revenue Rises
Apr 12, 2024
01:20 PM EDT, 04/12/2024 (MT Newswires) -- Unity Bancorp ( UNTY ) reported Q1 earnings Friday of $0.93 per diluted share, down from $0.96 a year earlier. Three analysts polled by Capital IQ expected EPS of $0.90. Revenue, which is expressed as the sum of net interest and noninterest income, was $25.6 million for the quarter ended March 31, up...
Market Chatter: Paramount Global Asked by Activist Investor to Consider Apollo Offer
Market Chatter: Paramount Global Asked by Activist Investor to Consider Apollo Offer
Apr 12, 2024
01:32 PM EDT, 04/12/2024 (MT Newswires) -- Paramount Global ( PARAA ) was asked by activist investor Barington Capital Group to end exclusive talks with David Ellison and consider rival offers, including one from Apollo Global Management ( APO ) , Bloomberg News reported, citing a letter to the company's board it reviewed. (Market Chatter news is derived from conversations...
Copyright 2023-2025 - www.financetom.com All Rights Reserved