Everett-based Coast Real Estate Services has acquired the assets of Conifer Management of Tacoma. The move increases the number of properties managed by Coast to more than 10,000 units of multifamily housing and nearly 4 million square feet of commercial office and retail space in the Pacific Northwest and Arizona.
Fisher directors ask CEO to resign
Fisher Communications Inc. said Thursday that its president and chief executive, William Krippaehne Jr., was resigning, effective immediately, at the request of the Seattle-based media company’s board of directors. In a statement, Krippaehne said that it was “appropriate for the company to seek new leadership with more direct operating experience in the broadcasting business” now that a restructuring is completed. Fisher owns nine television stations, including Seattle’s KOMO, and has a 50 percent investment in a 10th station.
German tour firm orders 10 737s
German tour operator TUI AG said Thursday it has ordered 10 new Boeing 737-800s and will sell five Airbus planes operated by its Hapag-Lloyd airline. The 737-800s will be delivered between early 2006 and mid-2007, TUI said. Hapag-Lloyd’s five Airbus A310 aircraft “will be sold in due course,” leaving the airline with an all-Boeing fleet. The firm cited a favorable exchange rate as one reason for the deal.
Microsoft offers free virus software
Microsoft Corp., whose popular Windows software is a frequent target for Internet viruses, is offering a free security program to remove the most dangerous infections from computers. The program, with monthly updates, is a step toward plans by Microsoft to sell full-blown anti-virus software later this year. Microsoft said Thursday that consumers can download the new security program from the company’s Web site, www.microsoft.com, and that updated versions will be offered automatically for free each month. The program will be available starting Tuesday.
Cingular layoffs climb to 155
The number of local Cingular employees to be laid off by early March has increased, according to the state Employment Security Department. Earlier this week, the state incorrectly said it received a notice that Cingular planned to lay off 98 people. The notice actually indicated 155 people would be out of their jobs at offices in Bothell, Redmond and Seattle. Cingular has thousands of Puget Sound employees following its $41 billion acquisition of AT&T Wireless.
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