| NNN Realty Advisors Stockholders Approve Merger
SANTA ANA, Calif., Dec. 6 /PRNewswire/ -- NNN Realty Advisors, Inc. stockholders, who met earlier today in a special meeting in Costa Mesa, California, have voted to approve and adopt the previously announced agreement to merge with Grubb & Ellis Company (NYSE: GBE) . Approximately 97.2 percent of the votes cast were in favor of the transaction, which represents approximately 79.2 percent of the shares of NNN Realty Advisors common stock outstanding. Upon completion of the proposed merger, NNN Realty Advisors stockholders will receive 0.88 shares of Grubb & Ellis common stock for each share of NNN Realty Advisors common stock outstanding. The merger agreement was first announced on May 22, 2007. NNN Realty Advisors, Inc. NNN Realty Advisors is a nationwide commercial real estate asset management and services firm that sponsors real estate investment programs to provide investors with the opportunity to engage in tax-deferred exchanges of real property and to invest in other real estate investment vehicles, including public non-traded real estate investment trusts and real estate investment funds.
The iPhone: Complete review
Yes, you can e-mail that note, and if your blog tool has an e-mail-to-blog gateway, that'll do in a pinch, but the lack of a better way to transfer text from one place to another can generally hamper interaction between different iPhone programs. iPhone calling It's easy to get lost in the hype about touchscreens and Web browsers and forget that the iPhone is, like its name says, a phone. And it works pretty well as one: When an incoming call arrives, the iPhone gently interrupts what you're doing to display Caller ID information about who's calling. You can set any of 25 built-in ringtones as your ring and assign custom ringtones to individual callers. Unfortunately, you can't use your own music or sounds as ringtones. Once a call is in progress, the iPhone's large screen gives Apple room to make it clear what your options are while on the phone, including placing people on hold and creating conference calls.
POWs alleging Iraqi torture ask White House to intervene
The veterans said they wanted to send a message to other foreign leaders that mistreating prisoners of war is never acceptable under international law. "We don't want the next POWs to be treated his way," said Lt. Col. Jeffrey Fox, a retired Air Force pilot shot down and tortured in the conflict. He and other vets spoke at a news conference in Washington urging congressional and executive action. A 1996 federal law holds foreign nations named "state sponsors of terrorism" by the State Department open to financial damages for torture, murder, or hostage taking of U.S. citizens, including soldiers. Iraq at the time was on that government list. Seventeen former POWs and their families filed a lawsuit in 2002 and eventually won a $959 million judgment in federal court.
House votes to close tax loophole
The Maryland House of Delegates passed legislation yesterday aimed at ending what Majority Leader Kumar P. Barve called the "most gigantic tax loophole on the books," referring to a strategy mostly used by big-ticket real estate developers that critics say costs the state tens of millions of dollars.
But Senate President Thomas Mike V. Miller said the measure is not likely to win passage in his chamber this year, and more likely would be considered for a broader plan to close a projected $1.5 billion shortfall next year. Miller has opposed other revenue-raising measures, such as a tobacco tax to fund health care, because he says they should be part of a budget-balancing initiative that also includes legalized slot machines.
The House legislation, which passed 101 to 35, would impose a tax on certain transfers of property.
Phishing As A Service, Part II
Now you no longer need an in with the international Storm syndicate to outsource your phishing attacks. On InformationWeek, George Hulme reports on a DIY phishing service: "The service automatically generates text for the phishing emails that target various Web mail and social networks, including Facebook, Hi5, Orkut, and others... While this is more of a novelty, and reminiscent of the old-time virus construction kits from the early 1990s, it reveals how heavily social networks will be targeted going forward." Hulme predicts a significant attack through the social networks. I still think it's coming from instant messaging. Posted by Joe Caponi at 12:15 PM, January 29, 2008 Return To Hot Topics .
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