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Monday, July 21, 2008
Deal round-up, home: Chester, Wolf, USAir

  We're still waiting for word on Wilmington's Buccini brothers' taxpayer-assisted plan to build middle-class Delaware Riverfront housing in rundown Chester City. 
  Meanwhile, a nearby Chester Township lot is being peddled as a taxpayer-subsidized studio site, with Main Line-based director M. Night Shyamalan as auteur-in-chief. Philadelphia Daily News story here
  We hope, if only for the sake of those involved, that Shyamalan's finances (and the taxpayers') survive the weak results of his recent movies.
  Lawyers in heat: Wolf Block could be absorbed by a larger Florida firm. Why do law firms need to be so big? Inquirer story here.
  What made you think he doesn't like being single: “I’m still interested. The industry would be better served if it was less fragmented. But we are fine on a stand-alone basis,” US Airways' CEO Douglas Parker told the Inquirer's Linda Loyd. “US Airways does not need a merge to be a viable airline.” Inquirer story here, NYT Dealbook cites Inquirer on USAir here.

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About Joseph N. DiStefano
M&A deals, building projects, and other big doings that matter to people around Philadelphia. By Joseph N. DiStefano, a business reporter at the Philadelphia Inquirer. Joe previously covered giant banks at Bloomberg News in New York. He’s the author of Comcasted, a book about Philadelphia’s most valuable company. He has a degree in economics and history from Penn.