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Yesterday afternoon Cisco announced it has selected a new CEO. Instead of recruiting a big gun from outside of the company, Cisco looked inside and found a relatively unknown Senior Vice President, Chuck Rollins, who has quietly risen over the years across a number of divisions of the company, passing over the President who was universally expect to take the top spot.
PHILADELPHIA, PA—Construction and engineering firm Hill International says its Board of Directors on Tuesday unanimously rejected an unsolicited takeover proposal it received Monday from DC Capital Partners, LLC to acquire Hill at a purchase price of $5.50 per share in cash on a fully-diluted basis.
CAMBRIDGE, MA—Forest City Enterprises, Inc. has announced that it has agreed to acquire the remaining 49% interest in the University Park at MIT life science complex here.
SAN DIEGO—In part 1 of GlobeSt.com's <b>EXCLUSIVE</b> interview with local Colliers experts, the desire for refreshed workspaces with modern flair and contemporary amenities is stronger than the need for true creative space San Diego.
IRVINE, CA—A recent state decision allowing owners to move properties into or out of swap-and-drop partnerships could make it easier for landlords to lock in profits, among other things, Haskell & White's Tom O'Rourke tells GlobeSt.com <b>EXCLUSIVELY</b>.
IRVINE, CA—As omni-channel retailing matures, partnerships between physical and digital stores of different names will continue to gain popularity, George Smith Partners' Shahin Yazdi tells GlobeSt.com in this <b>EXCLUSIVE</b> look at the sector.
SAN FRANCISCO—A prospective hospitality investor likes a hotel, but is unsure of how to keep it profitable in the era of Airbnb. What does Ms. Real Estate recommend?