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Rakuten says plans to buy additional TBS shares

TOKYO, April 19 (Reuters) - Japan's Rakuten Inc. (4755.Q: Quote, Profile, Research) said on Thursday it planned to buy more shares in Tokyo Broadcasting System Inc. (9401.T: Quote, Profile, Research) to push through its long-running merger proposal, but the plan could trigger the broadcaster to implement a planned takeover defence measure.

Negotiations between the two companies on a possible alliance have dragged on for more than a year since Rakuten's failed takeover bid for TBS in 2005. Rakuten, Japan's biggest online shopping mall operator, told TBS in a statement it aimed to hold more than 20 percent of the broadcaster's shares, which could make TBS a Rakuten affiliate.

TBS in February said it would introduce a "poison pill" measure to block hostile takeovers, which would enable it to issue equity warrants if a bidder tried to take a stake of 20 percent or more.


Saving Place

TOWERING QUESTION: One of the big projects under way at Peabody Place, which opened in 2001, is filling the space formerly occupied by Tower Records. -- PHOTO COURTESY OF THOMPSON & BERRY PUBLIC RELATIONS

Editor's Note: This is the fourth in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

Velma Bobo bought a MaggieMoo's Ice Cream and Treatery shop in Peabody Place Entertainment and Retail Center in 2005, turning it into one of the franchise's top-performing stores in the nation.

Memphis director and Hollywood wunderkind Craig Brewer debuted his latest movie, "Black Snake Moan," there at the Muvico multiplex, which saw eight of its 22 screens close last fall because of a slump in ticket sales.


Natural Skin Care Products based on Minerals and Herbs Gaining ...

The beauty and wellness industry has seen steady growth for decades. New means of sales and distribution have aided in this growth and the single biggest contributor to this has been the Internet. Because manufacturers can reach the world market from almost anywhere with a computer, products that have been exclusively available in only certain regions are now easy to find with a keystroke and click of the mouse. Recently, a massive surge has been seen in natural skin care products that were previously only available in the Middle East, but are now being sold online and with promotional offers that you won't find at any shopping mall.

(PRWeb) April 11, 2007 -- The beauty and wellness industry has seen steady growth for decades. New means of sales and distribution have aided in this growth and the single biggest contributor to this has been the Internet.


Township regulations stall Green Acres plan

Renovations at Green Acres Plaza remain tangled, with officials wrangling over traffic flow at the Saginaw Township shopping center.

Then there's the not-so-little matter of the pending sale of the property to an Australian company.

Mall manager New Plan Excel Realty Trust Inc. of New York is eager to begin what it says will amount to multimillion-dollar remodeling at the more than 40-year-old site, which spans 257,000 square feet at State and Hemmeter.

A limit on the number of exits to the parking lot, however, by the township and the state Department of Transportation has slowed the project, said Martin Liles, vice president of redevelopment in New Plan's Farmington office.

"We are negotiating with a national anchor tenant that would replace Farmer Jack," he said of the grocery store that closed two years ago.


JCB hails Hawaii incentive program

59 million customers, says it is seeing solid returns from a its incentive marketing partnership with Hawaii Tourism Japan, despite a continuing downturn in Japanese visitor traffic.

The campaign, called the JCB Discover Aloha Hawaii Project, is intended to stem further softening in Hawaii's Japan visitor market, which experienced a 10.2 percent decline in arrivals in 2006.

Last year, 1.37 million visitors came to Hawaii from Japan and spent $2 billion; that's down from the 1.52 million visitors who spent $2.1 billion in 2005.

Local retailers and visitor industry players have called JCB's 2006 initiative a bright spot in a troubled market that has suffered from reduced airline seats and limited hotel availability. It brought 12,000 visitors to Hawaii its inaugural year.


Fight violence by shoring up institutions

We are rapidly losing the sense of freedom and security we once enjoyed. We are wary about going out at night, muggings in shopping malls, and home invasions.
Experts give statistics on how crime has decreased over the past decade, but seem unable to see the public's increasing fear over the random and violent crime gripping our communities. The recent mass killings in our Utah downtown mall and in a Virginia college escalate that fear. Experts don't seem to realize that people don't live by averages, rather by their own perceptions of reality.
Schools, which were once a place parents could trust their children would be safe, are now exposed to bullying, harassment and violence. Parents are concerned about drugs, alcohol and gangs in schools, worried about their children being kidnapped from their yard, worried for their safety when they are out at night.


NASA manager asks workers to reach out

HOUSTON — The manager of NASA's space shuttle program is urging his workers to reach out to one another and create a support system to prevent tragedies such as last week's murder-suicide at the Johnson Space Center.

Wayne Hale sent staff an e-mail Monday with the subject line "Life," calling the slaying of David Beverly a "tragedy for all of us."

"What is emerging is that the troubled individual who shot David Beverly and then took his own life had nobody to help him with his problems," Hale wrote. "Please don't let your co-workers suffer alone."

Hale encouraged his workers to let friends and family know that they are appreciated.

"Take care of yourself, it can be a hard life. Know what the person at the desk next to you is going through.


State appeals court throws out West Sacto gang injunction

(04-24) 12:01 PDT WEST SACRAMENTO -- A state appeals court has thrown out a civil injunction restricting the movements of more than 125 alleged gang members in West Sacramento after finding that Yolo County prosecutors failed to properly notify the suspects of the court action and thus allow them to challenge it.

Monday's ruling by a three-judge panel of the Third District Court of Appeals in Sacramento should not affect San Francisco, where City Attorney Dennis Herrera secured an injunction last year against alleged members of a Bayview-Hunters Point gang called the Oakdale Mob.

In that case, Judge Peter Busch of San Francisco Superior Court postponed issuing the injunction until resolving charges that Herrera had failed to properly notify the alleged gang members.

In West Sacramento, court records show, prosecutors gave notice of their injunction in late 2004 to just one alleged member of the Broderick Boys gang.



 

 

 

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