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Parking meter sale heads to full City Council after aldermen wring $75M from deal
A $2.53 billion transfer of Chicago’s parking meter system is poised for a final City Council vote after aldermen secured an upfront payout and a share of future profits.
$75 million deal clears path for parking meter transfer vote today
Chicago aldermen are set to vote on the $2.53 billion parking meter transfer after securing a $75 million payment and a share of future revenue.
Stonepeak reveals $2.53B offer for Chicago parking meter lease
Stonepeak disclosed its $2.53 billion bid for Chicago's parking meter lease as it urged skeptical aldermen to approve the transfer and criticized the Johnson administration.
Shift4 Payments (FOUR): A Stock Priced for Trouble, a Business Still Compounding Underneath
Back in August, Shift4 Payments, Inc. (NYSE:FOUR) lowered its full-year outlook, cutting expected gross revenue less network fees to $2.48 billion – $2.53 billion from $2.5 billion – $2.6 billion and adjusted earnings per share to $5.15 – $5.35 from $5.50 – $5.70, citing roughly $25 million from Middle East travel disruption and $20 million […]
$75 million deal clears path for parking meter transfer vote today
Chicago aldermen are set to vote on the $2.53 billion parking meter transfer after securing a $75 million payment and a share of future revenue.