Tag Archives: Gammage Auditorium


Cole Real Estate Investments, Inc. Announces Tender Offer

Cole Real Estate Investments, Inc., (NYSE: COLE), formerly known as Cole Credit Property Trust III, Inc., announced today that it has commenced a modified “Dutch auction” tender offer to purchase for cash up to $250 million in value of its shares of common stock on the terms and subject to the conditions described in its Offer to Purchase dated June 20, 2013. Under the terms of the tender offer, the company intends to select the lowest price, not greater than $13.00 nor less than $12.25 per share, net to the tendering stockholder in cash, less any applicable withholding taxes and without interest, which would enable the company to purchase the maximum number of shares having an aggregate purchase price not exceeding $250 million. Stockholders may tender all or a portion of their shares of common stock. Stockholders also may choose not to tender any of their shares of common stock. If the tender offer is oversubscribed, shares will be accepted on a prorated basis, subject to “odd lot” priority. The company intends to fund the purchase price for shares of common stock accepted for payment pursuant to the tender offer, and all related fees and expenses, from available cash and/or borrowings under the existing senior unsecured credit facility.

The tender offer and withdrawal rights will expire at 5:00 p.m., New York City time, on August 8, 2013, unless the tender offer is extended or withdrawn. If stockholders elect to tender shares of common stock, they must choose the price or prices at which they wish to tender their shares and follow the instructions described in the Offer to Purchase, the related letter of transmittal and the other documents related to the tender offer filed with the Securities and Exchange Commission.


Eddie Basha memorial set for April 6

A memorial service for grocery store magnate Eddie Basha is scheduled for April 6 in Tempe.

The former chairman and CEO of the Bashas’ family-owned supermarket chain died Tuesday at age 75.

Officials of the Chandler-based company say the memorial will be held at 10 a.m. at Gammage Auditorium on the Arizona State University campus.

Basha guided the company that carried his family name for more than 40 years. At one time, the chain had more than 160 supermarkets serving all 15 Arizona counties.

He was appointed to the Arizona Board of Education in 1984, the state Board of Regents in 1990 and unsuccessfully ran for Arizona governor in 1994.

Basha is survived by his wife and six sons, including four from his first marriage.


CBS News President To Keynote Cronkite School Graduation

CBS News President David Rhodes will deliver the keynote graduation address next month at the Walter Cronkite School of Journalism and Mass Communication, Arizona State University officials said today.

The announcement comes the day after the 50th anniversary of Cronkite’s first appearance as anchor of the CBS Evening News.

“It is a tremendous gift to our graduating students to be able to hear from one of today’s most important journalism leaders, and it is particularly appropriate as both Walter’s network and Walter’s school celebrate his 50th anniversary,” said Cronkite Dean Christopher Callahan.

Cronkite served as anchor and managing editor of the network’s nightly newscast from April 16, 1962, to March 6, 1981. Three years later, the journalism program at ASU was named in his honor. Over the following quarter-century, Cronkite made annual visits to the school, meeting with students, talking with faculty and personally bestowing the Walter Cronkite Award for Excellence in Journalism on a journalism luminary. The first Cronkite Award winners were CBS founder William Paley and former CBS President Frank Stanton in 1984.

Under Cronkite’s guidance and vision, the school rose to national prominence. Today more than 1,300 students study in downtown Phoenix at the Cronkite building, a 225,000-square foot state-of-the-art multimedia complex that is home to Cronkite NewsWatch, a 30-minute nightly newscast that airs statewide on Arizona PBS, Cronkite News Service, a daily multimedia news service with bureaus in Phoenix and Washington, the New Media Innovation Lab and the Carnegie-Knight News21 digital media program. Faculty members include former Washington Post Executive Editor Leonard Downie Jr. and former CNN anchor Aaron Brown.

Cronkite students have finished first nationally in the Society of Professional Journalists’ Mark of Excellence competition for six consecutive years and have the best record in the Hearst Journalism Awards over that time.

Rhodes, who was named president of CBS News in February 2011, oversees all network news operations, including “CBS Evening News,” “CBS This Morning,” “CBS Sunday Morning,” “Face the Nation, “48 Hours Mystery,” CBSNews.com and CBS News Radio.

A New York native, Rhodes started his journalism career in 1996 as a production assistant at Fox NewsChannel and rose to vice president of news. During his 12 years at Fox, he led the political news team, edited international coverage of global hot spots such as Afghanistan and Iraq and directed coverage of Hurricane Katrina and other major events. He was a Fox News Channel assignment manager in New York on the morning of Sept. 11, 2001.

In November 2008, the Rice University graduate joined Bloomberg’s multimedia group as head of U.S. television. He was responsible for programming, development, editorial, newsgathering, production and operations.

Rhodes will deliver his convocation address on May 4 at Grady Gammage Auditorium, a Frank Lloyd Wright-designed venue on ASU’s Tempe campus.

black history month 2011

Companies Devote Time To Black History Month

As we kick off Black History Month, Arizona companies devote time for sharing, caring and supporting ethnic communities. Employers understand the importance of spreading the love and have done so with educational scholarships, funding for schools and free entertainment.


United Services Automobile Association (USAA), an investment and insurance company, offers specific educational opportunities during this month. Classes on leadership skills, how to take control of finances and programs that support growth and opportunity are provided.

Payless  ShoeSource

Payless ShoeSource, a national shoe distribution company, offers the Inspiring Possibilities Scholarship Program, which supports the future of African American and other minority youth. Beginning Feb. 1, Payless will sell a limited-edition I believe accessory for $3. This accessory will be available online at Payless’ website and in 800 stores nationwide. The store will donate a minimum of $35,000 to the scholarship program. The program is designed to distribute about a dozen scholarships to African American and other minority youth for the 2011-2012 seasons.

Barnes and Noble

Barnes and Noble, the world’s largest bookseller, is honoring Black History Month with special events and promotions. They will have story-telling events, various speakers, tables with books for all ages, including picture books and autobiographies. An April Harrison tote bag will be sold; proceeds will go back into ethnic communities. Special pricing will be in place this month to support the learning, economic, social and political growth of African Americans. black history 2011, Flickr, See-ming Lee

Quicken Loans

Quicken Loans, the largest online loan servicing company, is giving away more than $20,000 in scholarships. Five years ago, Quicken Loans started giving away one of six scholarships ranging from $1,000 to $10,000 to each winner. The money goes to the child’s school of choice to help promote education and spread Black History. Joined with Fathead, a leading brand in sports and entertainment graphic products, they allow children to go online and register for the scholarships by stating why Black History Month is important.

Arizona State University

Arizona State University (ASU) celebrates Black History Month many ways, but the big talk is John Legend coming to ASU’s Tempe campus Feb. 8 for a free concert to anyone with a SunCard. Legend will have a brief discussion on what Black History means to him before signing some of his songs. Two free tickets are available to ASU students, faculty and staff.

AP and Associates/Phoenix International Raceway

AP and Associates, creator of the Checkered Flag Run in Arizona, will have celebrity appearances, NASCAR race, activities and major sponsors for inaugural event hosted by Second II None Motorcycle Club at the Talking Stick Resort and Casino and Phoenix International Raceway (PIR).  There will be over $50,000 in prizes and a chance to accompany PIR President Bryan Sperber to the trophy winner. They will be highlighting the diversity that motorcycle enthusiasts have along with supporting organizations that work to benefit local African American communities in both Phoenix and Scottsdale.

Northern Arizona University

Northern Arizona University (NAU) features a list of Black History events throughout the month. Men’s Basketball vs. Montana State will have Black Student Union students sitting together to show their support for NAU’s men and women basketball teams. Step Afrika is a step show, an art form born at African American fraternities, at the university for free. Apollo Night with Keedar Whittle, a reenactment of the historic Apollo Theatre, will show famous Black historic moments. And  month-end closing barbecue, sponsored by Coconino County African American Advisory Council, will have free food.

Black History Month is a time for everyone to get together and enjoy a piece of history that leads to a brighter future. For more information on Black History, visit http://www.infoplease.com/black-history-month/.