News
Simon Property Group, Inc. today announced that it has made a written offer to acquire General Growth Properties, Inc, owner of the Burlington Town Center mall, in a fully financed transaction valued at more than $10 billion, including approximately $9 billion in cash. This is an unsolicited or "hostile" bid that would get General Growth out of bankruptcy.
Successfully concluding a review of dozens of power supply proposals received after a broad request to the regional power market, Vermont s three-largest electric utilities today announced power purchase agreements with several suppliers that will diversify the utilities power supply portfolios.
Vermont Yankee engineers and technicians working diligently to identify the source of tritium in the plant’s groundwater continue to make progress, according to a statement from Entergy Vermont Yankee released Saturday.
Several prominent area business organizations have joined forces to create a new alliance, the Business Alliance for a Clean Lake (BACL), first announced in January 2010. The BACL will bring their member organizations to the Statehouse on Friday, February 19th, to meet with legislators and introduce them to the issues the BACL supports.
Average retail gasoline prices in Vermont moved just 1.4 cents per gallon in the past week, averaging $2.75/g today. This compares with the national average that has fallen 2.9 cents per gallon in the last week to $2.62/g, according to gasoline price website VermontGasPrices.com.
Seventh Generation has been galvanizing the green revolution for decades, and over the company’s 21 years has become one of the most trusted brands of authentic, safe and environmentally responsible products for the living home. Now they are launching a campaign of words to back up decades of action, with the company’s first national integrated advertising campaign.
CCOutdoorStore.com, the online source for high quality gear and gifts for outdoor enthusiasts, announces its new ownership, the opening of a new retail outlet in Waterbury Center and the official move of the company’s headquarters from the state of Tennessee to Vermont.
Amartya Sen, sometimes known as the Mother Teresa of Economics, though he likely wouldn t approve of that name, will be the 2010 Saint Michael s College commencement speaker with ceremonies to be held on Thursday, May 13, 2010, in the Ross Sports Center.
Burlington Telecom officials were greeted with much skepticism by regulators in their request yesterday to borrow more money from the City of Burlington's cash pool in an effort to make an interest payment on existing debt. The $386,673 interest payment to CitiCapital Municipal Finance is due Wednesday.
The Vermont Aerospace & Aviation Association (VAAA) will hold an Open House on Thursday, February 18 from 3-5 pm at the Heritage Aviation Facility, located at 228 Aviation Ave in South Burlington, next to the Burlington International Airport.
Senator Bernie Sanders will host US Department of Agriculture Secretary Tom Vilsack at a dairy town meeting at the Burlington Hilton at 10 am on Saturday, February 13, 2010. Sanders also will host Vilsack as the keynote speaker at the Northeast Organic Farming Association annual conference at the University of Vermont’s Ira Allen Chapel in Burlington at 11:45 a.m. Sen.
Almost $12 million was awarded today to help Vermont doctors and hospitals move from paper records to state-of-the-art computerized medical records. The US Department of Health and Human Services awarded the Vermont Department of Human Services more than $5 million. Another $6.8 million will go to Vermont Information Technology Leaders, Inc.