October 29, 2020

Wednesday's Daily Pulse

What you need to know about Florida today

| 1/8/2020

› Tech Data sets Feb. 12 shareholder vote on $6 billion sale to Apollo Global
Stockholders in Tech Data will vote on Feb. 12 whether to accept a $145-per-share offer from New York-based private equity firm Apollo Global Management. Apollo originally bid $130 for Tech Data’s stock, then raised its offer just before Thanksgiving in response to a $140 offer from billionaire investor Warren Buffett.

› Macy’s will close some Florida stores in the spring
After a half century in business, Macy’s will close its Pompano Beach department store in the spring, the company confirmed. Macy’s did not share how many workers would be affected or how many stores will be closing, but instead said it will share additional information on the closures and its three-year plan on investor day on Feb. 5.

› Fire ants are currently loving Florida's unseasonably warm winter
Snowbirds aren't the only ones enjoying the warm weather. Due to the unseasonably hot winter, ants – fire ants in particular – have migrated, multiplied and spread across Flagler and Volusia counties, say agricultural experts. They're mating and procreating like its spring, instead of harvesting resources and storing energy for a cold winter.

› Property appraiser’s challenge to Selby Gardens’ tax-exempt status foiled by mailing error
The Sarasota County Property Appraiser’s challenge to Marie Selby Botanical Gardens’ tax-exempt status was thwarted on Monday even before arguments over whether the $58 million property should be taxed were made. The property appraiser’s case was foiled, in part, because county staff could not get an important document alerting Selby to the issue in the mail on time.

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