July 2011
Regional Report Triangle July11
As hostile takeovers go, WakeMed Health & Hospital Inc.’s $750 million bid to buy Raleigh rival Rex Healthcare Inc. wouldn’t raise eyebrows on Wall Street, but it’s shocking in the once genteel realm of Tar Heel health care.
Regional Report Triad July11
Lee Wyatt, 58, resigned as chief financial officer of Hanesbrands, saying he wants to pursue opportunities with turnaround or spin-off companies. The apparel maker appointed Dale Boyles, its controller and chief accounting officer, as interim CFO. In an unrelated matter, the company purchased Australian clothing distributor TNF Group for $9 million. It says the deal will expand sales of its Champion brand in Asia.
Regional Report Eastern July11
With international demand rising, N.C. Agriculture Commissioner Steve Troxler says it’s high time the ports at Morehead City and Wilmington exported more of the state’s farm products.
Regional Report Charlotte July11
$25,000 plus expenses. What the embattled Charlotte Regional Visitors Authority (Regional Report, June) agreed to pay PricewaterhouseCoopers to review its operations.