Anonymous sources
NJBIZ
Grapevine: Put down that carving knife, Hackensack Hoyas, real takeover talk - NJBIZ
Rutgers people had been "misinformed," and thought they could potentially get what they wanted — a medical school and cancer institute in New Brunswick — without having to give up certain assets in Camden, the source said. But Chris Christie cleared ...
Source: Announcement of Philly newspaper sale to Norcross, others expected Monday - NJBIZ
"It could close today, but more likely Monday," the source said. "There are a zillion things to do." But no business issues are holding up the deal, just legal matters related to the closing are being handled, according to the source.
Grapevine: Capital Health's capital health, losing a Lynchpin - NJBIZ
"When you see cutbacks right away, you know it's a cash problem," the source said, citing the hospital's $8 million-per-month loan payments. Capital may become "the poster child of building the bridge too far," as the hospital system took out the ...
Grapevine: Insurer unsure on NJ, Hail Mary play for St. Clare's - NJBIZ
St. Louis-based Ascension Health, which is in discussions with St. Joseph's Healthcare System, in Paterson, and St. Mary's Hospital, in Passaic, has also thrown its hat into the ring for St. Clare's, a source said. Grapevine reported in December that ...
Grapevine: Prudential walks offstage, curing Bayer - NJBIZ
That's because a judge last month put the case on hold by issuing a stay of Reckitt Benckiser's lawsuit against the German drugmaker, which opted for another site after the complaint was filed in September, a source said. The case remains open, ...
Grapevine: Nominal value, leap of faith to realize Dream - NJBIZ
That source said it's not unusual in New Jersey for a BPU commissioner to be appointed without energy experience, though the source said the ideal situation would probably be to have a board comprised of people with a mix of experience levels. ...
Grapevine: Clearing out the cabinet?, optimism isn't qualified - NJBIZ
Last time, the source said, the program was "over-subscribed," because any company with qualifying research that applied got money. "This meant that very few companies received the kinds of awards that would be game-changing for them," the source said. ...
Grapevine: Go Goya? No, stay. A weaker Opportunity - NJBIZ
Had Goya been unable to find a site eligible for the tax credit program, the source said, "the entire Goya headquarters operation would have been at risk of moving to another transit hub community — or worse, to New York." The source also said the ...
Power 50 Banking - NJBIZ
The president, CEO and founder of GS Wilcox & Co. manages funds invested by insurance companies in economic development properties, acting very much like a bank, a source said. Servicing more than $1.1 billion in mortgage loans, Wilcox is involved with ...
Powerful bargaining chip - NJBIZ
Overall, however, “there's nothing out there that appears to be derailing this deal,” the source said. Will Jon Corzine be on the Circle Line next? The former governor was reportedly the informal tour guide for William M. Daley when Barack Obama's ...
Blight fight - NJBIZ
“In a significant number of projects, the AG, and perhaps other agencies, appear to be leaning toward a formal blight condition,” a source said. ...