Southeast Florida Business Briefs - Jan. 2008

Ellen Forman | 1/1/2008

BOCA RATON —
» Florida Atlantic University has received approval for a new graduate college, which will oversee most aspects of graduate education at the university.

DELRAY BEACH —
» Ziff Asset Management has purchased more than 17 million shares of Office Depot (NYSE-ODP), giving the hedge fund a 6.4% stake in the company. The company has had to restate earnings because of accounting errors.

» Wrestler Hulk Hogan has partnered with Delray gaming design firm ID Interactive to create a range of video slot machines in cooperation with the National Indian Gaming Association.

FORT PIERCE —
» ComNet Realty plans to convert the Florida Furniture Mart to a biotechnology research park.

HOLLYWOOD —
» Home builder TOUSA Inc. reported a third-quarter loss of $619.7 million and is considering filing for Chapter 11 bankruptcy protection.

JUPITER —
» The town council approved $260,000 for the Max Planck Center.

WEST PALM BEACH —
» HearUSA (Amex-EAR) has expanded into Charlotte, N.C., buying two private practices with combined estimated revenue of $2.4 million.

Tags: Southeast, Treasure Coast

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