CALIFORNIA | LOCAL
March 16, 2003 |
Although Susan and Nicholas Pritzker purchased their $2.5-million ranch several years ago, it was not until they disclosed plans to build a 10-structure family compound totaling 54,000 square feet that residents learned of the renowned hotelier's desire to go rural -- very rural. An hour's drive north of San Francisco, Nicasio's population of 589 could fit into just one of the Pritzker family's 212 Hyatt hotels.
December 12, 2002 |
Chicago's Pritzker family may sell shares in its Hyatt Corp. hotel company to the public and break up the rest of its $15-billion empire to settle a financial dispute among family members, said a person familiar with the situation. The Pritzkers decided last year to divide its investments after some family members threatened lawsuits over control of Hyatt's vast holdings, the person said.
December 11, 2001 |
In the biggest settlement ever extracted from owners of a failed savings and loan, the billionaire Pritzker family and its partner have agreed to pay federal regulators $460 million to help cover losses at an Illinois thrift that collapsed this summer after losing millions of dollars on high-risk loans. The agreement, announced Monday, resolves claims brought by the Federal Deposit Insurance Corp. against Superior Bank of Hinsdale, Ill., which in July became the largest U.S.
September 18, 1996 |
Interactive Flight, Pritzker Family Form Alliance: The Las Vegas- based producer of entertainment for airline passengers said it plans a marketing alliance with the Pritzker family of Chicago, owners of the closely held Hyatt Corp. The Pritzkers will invest as much as $20 million to help sell the products to airlines. The options include gambling, movies on demand and children's games.
October 8, 1993 |
Pritzker Said Ready to Invest in America West: A group of investors headed by Chicago's wealthy Pritzker family will submit a reorganization plan for the airline before the end of the year, said a person familiar with the group's plans. A U.S. Bankruptcy Court in Phoenix on Wednesday approved America West Airlines Inc.'s request to pay AWA Partners $250,000 in expenses incurred while exploring the possibility of investing at least $150 million in the airline. America West asked the court Sept.
September 5, 1990 |
Chicago's billionaire Pritzker family and Electronic Data Systems, the computer services firm now owned by General Motors, said Tuesday that they plan to join forces to buy the parent company of Los Angeles-based Ticor Title Insurance. Though the purchase price was not disclosed, a source close to the sale indicated that it was between $100 million and $125 million.