January 10, 1996 |
Howard Hughes Corp. is close to reaching an agreement to sell its huge real estate holdings in Las Vegas and Los Angeles to Rouse Co., a well-known Maryland-based property development firm, sources confirmed Tuesday. A definitive sales agreement could be reached within two months, according to an executive familiar with the deal who asked not to be identified. Mark E.
February 23, 1996 |
Howard Hughes Corp., owner of the vast real estate empire amassed by the eccentric billionaire, agreed Thursday to be acquired by prominent East Coast developer Rouse Co. in a $520-million deal. The agreement, which includes major developments in Los Angeles and Las Vegas, would allow the more than 300 heirs to the Hughes fortune to cash in their stake in the privately held, Las Vegas-based firm. The company will keep its top management and operate as a subsidiary of Rouse.
December 15, 2004 |
Before he produced and directed the 1930 World War I epic "Hell's Angels," Howard Hughes was already an established Hollywood producer. One of his productions won an Oscar for its director, another was nominated for best film, and a third even had a daring nude scene by one of silent cinema's leading femmes fatales.
CALIFORNIA | LOCAL
January 19, 1996
Pioneer aviator Bobbi Trout still remembers being enthralled when she saw her first airplane as a child in the early 1900s. She knew then she would one day fly. Trout did not have long to wait. In 1927 she became only the fifth woman in the nation to receive a pilot's license. She immediately began setting world records, flying experimental planes and becoming one of the country's most influential women aviators.
December 13, 1996 |
A spokeswoman for Maguire Thomas Partners said the Los Angeles real estate firm "hopes to announce something" after the beginning of next year regarding the financing for the troubled Playa Vista project, which will include the main studio and headquarters for DreamWorks SKG.