BUSINESS
November 10, 1998 | From Reuters
MGM Grand Inc. agreed to buy Primadonna Resorts Inc., its partner in the New York-New York Hotel & Casino, for about $267.2 million in stock, the companies said Monday. MGM Grand, controlled by billionaire Kirk Kerkorian, called the move a "significant step" toward its goal of turning itself into a gambling and entertainment giant in the rapidly consolidating casino industry. The company would also assume $335 million in debt.
CALIFORNIA | LOCAL
December 6, 1987 | H.T. NOWICKI and H.T. Nowicki is a member of the San Diego County Technical Committee on Water Supply and Conservation.
Anyone monitoring the proceedings of the San Diego County Water Authority or the Metropolitan Water District must wonder if these agencies realize that water is a limited resource. For example, the Water Authority has legal entitlement to only 11% of MWD's 2,011,500 acre-feet of the state Water Project, yet it uses more than 30%. And a drive north along Interstate 15 is an example of land-planning and zoning with little regard for water availability.
BUSINESS
February 24, 1987 | BARRY STAVRO, Times Staff Writer
Golf pros Jeff Silverstein and Bob Husband dreamed of finding fame and wealth on the golf course. They found the wealth, plenty too, more than enough to keep Tom Watson in spending money. But to do it they put their golf clubs in the closet. Today, they head CCA Silban Sports Corp. of Van Nuys, a thriving firm that manages 15 public golf courses in California.
TRAVEL
September 26, 1993 | HANK KOVELL
For many seniors, golf is the primary focus of a vacation getaway. According to officials at Club 19, a Carmel-based organization now in its 12th year serving golfers in the West, 95% of its membership is over the age of 55. Club 19 offers members a choice of individual golf vacations with 2-for-1 green fees, members-only golf packages and frequent group tournaments.
BUSINESS
May 15, 2011 | By Hugo Martín, Los Angeles Times
On a towering cliff overlooking the sun-sparkled shores of Carlsbad, Calif., Dawn Santos watched a squadron of pelicans fly past the campsite where she and her family were staying for four days of campfires, bike rides and splashing in the surf. "It's gorgeous," the Rancho Cucamonga mother of three marveled as the afternoon sky turned bright pink. Here at South Carlsbad State Beach in San Diego County, the Santos family took a break from work and school by renting a 26-foot trailer to enjoy one of California's most valuable economic assets — its outdoor riches.
CALIFORNIA | LOCAL
December 3, 1987 | DAVE LESHER, Times Staff Writer
The largest stretch of vacant coastal land remaining in Orange County--more than 9,400 acres--was approved for development Wednesday when the Board of Supervisors unanimously adopted the Irvine Co.'s plan for a resort with four hotels, two golf courses and about 2,600 homes. The decision ended more than 23 years of confrontation between opponents of the development and the Irvine Co. over how the 2.5-mile stretch of oceanfront between Laguna Beach and Corona del Mar should be developed.