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JERRY KENT SELLS CABLE AND BROADBAND FOR $9 BILLION

Our town’s Jerry Kent has negotiated the sale of his Suddenlink Communications cable and broadband company to European-based Altice SA for $9.1 billion. Suddenlink generated $2.3 billion in revenue. Altice will own 70 percent of the share capital of Suddenlink, the seventh largest cable operator in the U.S. The Kent company serves 1.5 million residences and 90,000 business customers. Altice, with a value of $35 billion, is reportedly in negotiations to buy Time Warner cable.

DR. MILTON SCHLOSS REMEMBERED

Madonna’s Hard Candy Fitness Clubs may be expanding to our town in 2016-2017. . .Local PGA golf pro Jay Delsing has joined Fox Sports and will be on the national team covering PGA events. (Jay’s dad, Jim Delsing, played for the St. Louis Browns). Jay still occasionally plays on the Champions’ Tour (nee the Senior Tour) and does corporate outings for companies throughout the U.S. . . Marianist Catholic cleric Brother Bernard Hartman is said by church goers that he is living here on a church property where the Marianists are based. He was convicted in Australia of a string of sex offenses and later apologized in writing to a girl he molested. . .One of the country’s earliest specialists in nuclear medicine, Dr. Milton Schloss, who prolonged the lives of many cancer patients, has died. Dr. Schloss met his future wife of 59 years, Jane Duncan, at our town’s then-Jewish Hospital. He founded the Schloss Radiolgy Group in Cape Girardeau. . .Six Flags St. Louis has taken a cue from its sister park in Arlington, Texas of its Justice League: Battle for Metropolis. The park here: a 4-D coaster with magnetic fins that flip riders.

BARBARA MORRISS AWARDED $77 MILLION

St. Louis County jury has awarded heiress Barbara Morriss $77 million in her fight with Wells Fargo Bank ($45 million in actual damages; $32 million in punitive damages), writes Jacob Kirn of the St. Louis Biz Journal. Judge Carolyn Whittington presided over the trial.

THE GROCERY SCRAMBLE

News that the parent companies of Stop & Shop and Food Lion grocery store chains may merge reminded the blogger that within a mile in Creve Coeur there are five stores of life-enhancing presence: Dierbergs; Aldi’s; Trader Joe’s; Schnucks and Fresh Market. Within that mile there are Wine & Cheese, St. Louis Bread Co. and farther on Olive Boulevard, Pastries of Denmark. Looking back, there was a time in our town when consumers would flock to Kroger’s, Tom Boy, Piggly Wiggly, A&P and IGA markets. In those days, we felt on top of the world, in the glow of youth and good Scotch.

VERIZON/AOL

Telcom giant Verizon is on the brink of acquiring the online company AOL for $50 a share or estimated value of about $4.4 billion.

WELFARE WARFARE IN THE MISSOURI STATEHOUSE

That’s the headline for the blog by The New York Times editorial editor Francis X. Clines

THOMAS SCHWEICH/SPENCE JACKSON

Jackson-2 (2)

Once again, the Post-Dispatch is offering buyouts. A few have refused such as vet reporter Bob Kelly. Wonder what the paper’s franchise Bill McClellan will do since it’s been rumored he’d like to retire in the summer. . .Here is a photo of a guy resembling the late Spence Jackson sent to the Vital Voice columnist Chris Andoe. The photo was included on the Scruff app on which gay people can connect with others. Jackson, as you know, took his life about a month after his boss, State Auditor Thomas Schweich, died from a self-inflicted gunshot. The Vital Voice is a publication serving the LGBT community. The Jackson lookalike remains active on the app. . .Our town will be snubbed in favor of Kansas City for The Rolling Stones summer tour. Mick Jagger, Keith Richards and company will hit the stage of KC’s Arrowhead Stadium on June 27.

LOOK OUT FOR LOOSE ENDS AND FLYING HYPERBOLE

Downtown is the city in all its desperate vitality and glorious vulgarity. Market Street is a wide, long, stubborn and unregenerate brute of a street. A dead end with a life of its own. There are pockets of respectability and ugly realities. The moribund General American Bldg.turns its back on it and the Equitable Bldg. faces up to it. Gone are such buildings as Ely Walker; Rice Stix, Ambassador, International Shoe (rehabbed); Schneider and Bee Hats and Ostertag Opticals. Long gone companies: Green Lea Ice Cream; Teutenberg’s Bakery; Tober Saifer and Weiss Shoes; Katz, Rexall and Liggett drug stores; the Orient, Tunnelway, Miss Hullings’ and Carl’s Rio Room restaurants. There were first-run theaters and worst-run fleabags where bizarre rites are said to take place in the seats down front. There were dirty magazines with their pages Scotch-taped so you couldn’t get a free peek. Downtown and beyond there were first class and honky-tonk hotels named Statler; Mayfair; Lennox; Edison; DeSoto; York, Congress, Bel Aire, McKinley; Mark Twain; Coronado; Melbourne; Kingsway and Clarion; There was a flower stand off Sixth Street making an explosion of color, bankers having their dry martinis at the MAC, and Skid Rogues at their sweet muscatel. Millions are spent to restore buildings that made more sense as ruins. You don’t have to like all of it. It couldn’t care less about you.


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