WCI bets on Bal Harbour

  • By Business Observer Staff
  • | 6:00 p.m. August 24, 2007
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WCI bets on Bal Harbour

HOMEBUILDING by Jean Gruss | Editor/Lee-Collier

WCI Communities' executives fight to keep the company's cash coming in as they soothe anxious lenders who are owed $1.9 billion. Meanwhile, billionaire investor Carl Icahn and two hedge fund allies formed a majority on a newly created board to be elected Aug. 30.

 

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