BofA closes auto dealerships
The bank's experiment in selling off-lease vehicles to consumers ends in dealer criticism and slow sales.
Naimoli sours chamber crowd with criticism, then sweetens raffle
TAMPA -- Talking to about 200 of Tampa's corporate movers and shakers Wednesday, Vince Naimoli chastised the area for not doing enough to support his Tampa Bay Devil Rays.
Business today
DANKA EXTENDS DEBTOR DEADLINE: Danka Business Systems has extended until April 30 a deadline for short-term noteholders to accept a watered-down return on their investment. Holders of about $89-million in notes, or 45 percent of the $200-million short-term debt, had tendered their acceptance as of the Tuesday deadline. The company needs at least 95 percent of noteholders to accept the plan. The St. Petersburg distributor of copier machines also is trying to sell its Danka Services International unit to raise funds to pay down its debt. Danka spokesman Sanjay Sood said the company expects to complete all the pieces of the restructuring by June.
