Ailing Mills Won't Stop Xanadu ; Sports Authority Shrugs Off Stock Drop

The Record, Bergen County, NJ › November 10, 2005

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Summary

A chart of Mills Corp.'s stock price this year presents an outline evocative of the roller coaster the company plans to build atop Meadowlands Xanadu - with the steepest, scariest part paralleling Mills' abrupt decline during the past two weeks.

But a top New Jersey Sports and Exposition Authority official said Wednesday that Mills' struggles do not threaten the Xanadu entertainment and retail complex.

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Extract

Ailing Mills Won't Stop Xanadu ; Sports Authority Shrugs Off Stock Drop

"There's no turning back at this point," said Carl Goldberg, the chairman of the sports authority board. Goldberg added that half of the $160 million in Xanadu upfront re...

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