Less than two years after Burger King was sold to private investors, another Miami-Dade-based national restaurant chain is going private. It was announced today that Angelo, Gordon & Co.'s Private Equity Group will pay $296 million for Benihana, Inc. and take the chain private.
For the first time, Facebook will put its stock up for public sale today. The company will instantly land at least $16 billion, pushing its value to well over $100 billion. Wunderkind CEO Mark Zuckerberg will be the obvious winner, but hundreds of other investors are also in line for a windfall.One ... More >>
Luther Campbell, the man whose booty-shaking madness made the U.S. Supreme Court stand up for free speech, gets as nasty as he wants to be for Miami New Times. This week, Luke explains why Twitter is the social media network preferred by minorities.Everybody is talking about Facebook's forthcomin ... More >>
Lennar, the homebuilding operation and one of the largest corporations based in Miami, has seen its stock price take a huge hit after the company was accused of fraud by some sort of shady businessman turned Jesus-lover turned self-appointed fraud watchdog on the Internet. Yes, folks, we've reache ... More >>