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Partnership

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SPORTS
May 7, 2013 | By Zach Berman, Inquirer Staff Writer
Eagles owner Jeffrey Lurie married Philadelphia resident Tina Lai in a private ceremony this weekend. Lurie, 61, announced last July that he and Christina Weiss Lurie were getting divorced after 20 years of marriage. Lai will have no official role in the Eagles organization. The wedding was attended by family and close friends. "I am happy and excited as Tina and I begin our lives together," Lurie said in a statement. Lai, 39, is from a family that owns restaurants in Philadelphia, including the Vietnam Restaurant in Chinatown and the Vietnam Cafe in University City.
NEWS
July 20, 1989 | By Nathan Gorenstein, Inquirer Staff Writer
Anthony Dunleavy, the man charged with combing through the records of the Partnership for Economic Development, had just finished reciting his latest discoveries when he paused to consider what he had said. "When you see some of the things done, it is almost mind-boggling," Dunleavy said. Dunleavy was referring to things he said were done by William J. Tancredi, the partnership's commerce director and, until this week, the county's top business development official. In recent days, however, Tancredi has been virtually fired by the partnership and suspended from his job running a second agency.
BUSINESS
July 9, 1987 | By FREDERICK H. LOWE, Daily News Staff Writer
The Medical College of Pennsylvania is exploring a partnership with a Pittsburgh-based hospital holding company, and both sides expect to announce whether they will go ahead with the deal by the end of the month. D. Walter Cohen, the MCP president, said the college, at 3300 Henry Ave., is looking into forming an alliance with Allegheny Health Services Inc., the parent company of Pittsburgh's Allegheny General Hospital. In 1986, Allegheny General Hospital had operating revenues of $287 million.
BUSINESS
July 12, 1989 | By Valerie Reitman, Inquirer Staff Writer
The partnership that held a controlling interest in Franklin Computer Corp. has dissolved, distributing its shares to its partners. Franklin, the Mount Holly maker of hand-held electronic spelling and other devices, said Firebird Partners, which had owned about 40 percent of Franklin's common stock, was liquidating its assets. Firebird transferred its stock to one of its principals, Renaissance Partners, a venture-capital firm, which, in turn, distributed the stock to its four partners.
BUSINESS
March 9, 1990 | By Susan Warner, Inquirer Staff Writer
Two Butcher & Co. real estate partnerships that own the Biltmore Hotel in Coral Gables, Fla., have filed for bankruptcy protection from creditors. Butcher's Deilwydd Corp. and Sovereign Group Ltd. 1986-1 filed for protection under Chapter 11 of the U.S. Bankrutpcy Act in U.S. District Court in Philadelphia last Friday. Deilwydd Corp. is the general partner of the limited partnership that owns the property. David Lloyd, president of Sovereign Group, Butcher & Co.'s real estate subsidiary, yesterday said hotel revenues had increased, but not enough to pay off its debt to a Florida bank that was about to foreclose.
NEWS
May 18, 1990 | By Aaron Epstein, Inquirer Washington Bureau
Ann B. Hopkins, a reluctant role model for women, strode into a restaurant for lunch this week, plunked down a worn leather briefcase, dropped into a chair and ordered a Beck's beer. She wore horn-rimmed glasses and no cosmetics, and by the time her second Beck's arrived, she demonstrated an acquaintance with many of the words that family newspapers decline to print. It has been seven years since Hopkins was on the verge of reaching her career goal - a lucrative partnership in the giant accounting firm of Price Waterhouse - only to have some of her male bosses derail her ambitions for behaving, they said, too much like a man. In a precedent-setting case that went all the way to the Supreme Court, U.S. District Judge Gerhard A. Gesell awarded her the partnership that she covets and that Price Waterhouse still does not want her to have.
BUSINESS
May 24, 1991 | By Richard A. Oppel Jr., Special to The Inquirer
A Willard G. Rouse 3d partnership transferred $225,000 from its Great Valley Hilton Hotel & Conference Center to another Rouse business in a "fraudulent" attempt to safeguard the cash, Rouse's banker charged in a lawsuit filed yesterday. The money transfer came days before a planned foreclosure by the New Bank of New England against the Malvern hotel for failure to make payments on more than $22 million in loans and interest, the suit said. According to the suit filed in Chester County Court, the money was paid by the hotel to Rouse & Associates Urban on April 8, five days after the bank obtained a $22 million judgment against the hotel partnership and two days before foreclosure proceedings were to begin.
NEWS
October 15, 1998 | By Ewart Rouse, INQUIRER STAFF WRITER
West Jersey Health System and Memorial Health Alliance yesterday announced that they had created a separate corporation to help the two South Jersey health-care systems cut costs without sacrificing jobs or services. The new entity, Virtua Health, is a partnership arrangement rather than a merger, and the two systems will retain their separate identities, executives said at a news conference at the West Jersey Hospital-Marlton division. They said that coming together as Virtua could save them up to $25 million over the next five years by centralizing such operating functions as marketing, planning, purchasing, and patient accounting as well as by combining such services as mobile intensive care and home health.
NEWS
November 27, 1995 | By Drew Weaver, INQUIRER CORRESPONDENT
Wooden frames hang on the walls of attorney Lynne Kessler Lechter's office, holding faded black-and-white images, slightly unfocused, of her ancestors. Her grandfather, dressed in a dark, early-1900s suit, stands straight and peers from one frame across the room at Lechter's dark mahogany desk. "I have a great extended family," Lechter, 53, said. "They are my inspiration. " If her grandfather could see past the desk and through the wall, he could look into the eyes of his great-granddaughter, attorney Maxine Lechter, at work in the next office.
BUSINESS
June 11, 2013
In the Region       Atlas acquires gas reserves   Atlas Resource Partners L.P. , the Philadelphia energy company, is buying 466 billion cubic feet of "mature, low-declining" natural gas reserves in New Mexico and Alabama from a subsidiary of EP Energy L.L.C. for $733 million. Current production from the new reserves nearly doubles the partnership's existing output. In addition, Atlas Energy L.P. , the partnership's parent company, is acquiring 45 billion cubic feet of reserves in Oklahoma from EP Energy for about $67 million.
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NEWS
June 12, 2013 | By Chris Mondics, Inquirer Trenton Bureau
TRENTON - Cooper University Health Care of Camden and the MD Anderson Cancer Center of Houston unveiled their partnership at a Statehouse news conference Monday. Gov. Christie praised the venture and said it would greatly enhance cancer research and treatment in the region. MD Anderson, one of the nation's top cancer research and treatment facilities, has agreed to manage a $100 million cancer-treatment center at Cooper's main hospital campus in Camden, scheduled to open in October.
NEWS
June 11, 2013 | By Jennifer Lin, Inquirer Staff Writer
Chinatown has little room to grow. The Center City neighborhood is boxed in by the Gallery to the south and the Convention Center to the west. Most construction is happening to the north of Vine Street, and most of that is for high-end housing. But in a narrow elbow of vacant land, near the delivery entrance to the Gallery on Arch Street near Eighth Street, two nonprofit developers are moving ahead with plans for a nine-story, 94-unit apartment house. It's a unique collaboration between the Philadelphia Chinatown Development Corp.
BUSINESS
June 11, 2013
In the Region       Atlas acquires gas reserves   Atlas Resource Partners L.P. , the Philadelphia energy company, is buying 466 billion cubic feet of "mature, low-declining" natural gas reserves in New Mexico and Alabama from a subsidiary of EP Energy L.L.C. for $733 million. Current production from the new reserves nearly doubles the partnership's existing output. In addition, Atlas Energy L.P. , the partnership's parent company, is acquiring 45 billion cubic feet of reserves in Oklahoma from EP Energy for about $67 million.
NEWS
June 8, 2013 | By Martha Woodall, Inquirer Staff Writer
The Philadelphia School Partnership will announce Friday that it is awarding a $1.5 million grant to Wissahickon Charter School in Nicetown to help it expand. A year ago, the Philadelphia School Reform Commission gave the charter school, which has an environmental focus, permission to add a second K-8 campus in 2014. Kristina Littell, Wissahickon's co-chief executive officer, said the school's second site will be located on Washington Lane in East Germantown. She said the spot is ideal since it is across the street from the Awbury Arboretum and near several environmental programs.
NEWS
May 30, 2013 | By Jonathan Lai, Inquirer Staff Writer
Students who receive their two-year associate degrees will soon have another avenue for completing a bachelor's degree from New Jersey's biggest public university. Rutgers University, represented by executive vice president for academic affairs Richard L. Edwards, is set to sign an agreement Thursday with Mercer County Community College to allow associate degree holders to earn Rutgers degrees right on the county college's West Windsor campus. Rutgers' Off Campus Program at Mercer is the fourth such program to be offered.
BUSINESS
May 18, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
Two of the biggest apartment landlords based in the Philadelphia area are betting on Washington, hoping the federal government and the contractors who depend on it will weather the budget battles that have lately depressed hiring and rents around the capital. Morgan Properties, the King of Prussia firm headed by Temple University and Republican Party donor Mitchell Morgan, says it has bought the 620-unit Northampton Apartments in Largo, Md., in partnership with DRA Advisors L.L.C., of New York.
NEWS
April 30, 2013
Directors of AmeriGas Propane Inc., general partner of AmeriGas Partners L.P., increased the quarterly distribution by 5 percent to 84 cents per limited partnership unit to unit holders of record as of May 10.   The annualized distribution will increase from $3.20 to $3.36 per unit. AmeriGas units would yield 7.6 percent, based upon Monday's closing price of $44.07 a unit on the New York Stock Exchange.   UGI Corp., Valley Forge, is the general partner of AmeriGas and owns 26 percent of the partnership units.
NEWS
March 15, 2013 | By Martha Woodall, Inquirer Staff Writer
The Philadelphia School Partnership will announce grants totaling $3.4 million Thursday to help two charter organizations with long waiting lists expand in the northern and western parts of the city. Scholar Academies will receive $1.8 million to help add 600 to 900 seats, while KIPP Philadelphia will receive $1.6 million to serve 700 to 800 more students. Mark Gleason, the partnership's executive director, said Wednesday the two nonprofit groups were chosen because of strong academic performance in the city and elsewhere.
NEWS
March 10, 2013 | By Jennifer Lin, Inquirer Staff Writer
The landscape of public housing in Philadelphia dramatically changed in the last decade, as decrepit high-rise projects were demolished and replaced with more appealing new homes. But the rate of replacement housing never kept pace with the number of eliminated units. The pressure to fill the supply gap of affordable housing is prompting the Philadelphia Housing Authority (PHA) to launch an ambitious plan for creating 6,000 additional units of public housing in five years, said Kelvin Jeremiah, the agency's interim executive director.
NEWS
March 2, 2013 | By Martha Woodall, Inquirer Staff Writer
The Philadelphia School Partnership will announce a $500,000 grant Friday to help a new network of independent Catholic elementary schools in low-income neighborhoods. Aldo Cavalli, president of Independence Mission Schools, said the nonprofit would use the planning grant to help assemble a small central office staff to assist the 16 schools in raising money, handling tuition payments and helping families find financial aid. "They are start-up dollars to get the central administration office up and running, and to get all the initiatives in place," Cavalli said Thursday.
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