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Rockefeller Center Properties Inc

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BUSINESS
October 18, 1995 | Times Staff and Wire Reports
Rockefeller Plan Delayed Again: Rockefeller Center's owners again delayed filing a plan to emerge from bankruptcy protection, saying their mortgage holder needs more time to mull buyout bids. U.S. Bankruptcy Judge Prudence B. Abram granted an extension to Oct. 30 at the hearing, which was otherwise bogged down with arguments over financing to cover the landmark property's operating costs. The hearing came one day after a board meeting by the mortgage holder, Rockefeller Center Properties Inc.
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BUSINESS
March 26, 1996 | Times Staff and Wire Reports
Shareholders OK Rockefeller Center Sale: The vote brings an investment group led by Goldman, Sachs & Co. and David Rockefeller one step closer to gaining control of the bankrupt New York landmark. The 6.2-million-square-foot office and retail complex is home to NBC, Radio City Music Hall, scores of retail stores and a popular ice skating rink. Rockefeller Center Properties Inc. owns the $1.
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NEWS
September 12, 1995 | From Times Staff and Wire Reports
Walking away from an investment of nearly $2 billion, Mitsubishi Estate Co. is expected to announce today a plan to relinquish its 80% ownership of New York's Rockefeller Center, a source said Monday. The proposal would not only end Mitsubishi's majority ownership in the storied office complex, which has been mired in bankruptcy court since early May, but it would eliminate the Rockefeller family's stake in the 12-building center. Rockefeller Group Inc.
BUSINESS
November 8, 1995 | From Associated Press
An investment group that includes the Wall Street firm Goldman, Sachs & Co. and David Rockefeller announced an agreement Tuesday to take control of Rockefeller Center. The development allows the Rockefeller family to keep a stake in the Manhattan office complex that bears its name. It also closes the most recent chapter in a contentious bidding contest that included noted investor Sam Zell, Walt Disney Co. and General Electric Co.
BUSINESS
August 25, 1995
* Minnie a Rockette?: Walt Disney Co. will operate New York's famed Radio City Music Hall, which seats nearly 6,000 people and is home to the Rockettes, as part of a bid to take over Rockefeller Center in partnership with investor Sam Zell, the New York Post reported. Disney spokesman Ken Green declined to comment on the newspaper report. Disney is part of an investment group headed by Zell that announced plans last week to invest $250 million in Rockefeller Center Properties Inc.
NEWS
September 12, 1995 | From Times Staff and Wire Reports
Walking away from an investment of nearly $2 billion, Mitsubishi Estate Co. is expected to announce today a plan to relinquish its 80% ownership of New York's Rockefeller Center, a source said Monday. The proposal would not only end Mitsubishi's majority ownership in the storied office complex, which has been mired in bankruptcy court since early May, but it would eliminate the Rockefeller family's stake in the 12-building center. Rockefeller Group Inc.
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