Business
from24/7 Wall St.
4 days agoThis Former Dividend King Just Agreed to Be Bought Out.
Dividend Kings face challenges as inflation and demand pressures lead to dividend cuts, exemplified by Leggett & Platt's significant reduction.
An affiliate led by the chief executive officer of tech company Anatomage has paid $27.8 million for a large office building at 3750 Zanker Road in San Jose, documents filed on Feb. 27 with the Santa Clara County Recorder's Office show. Jack Choi, chief executive officer of Santa Clara-based Anatomage, is listed as the manager or member of the affiliate, which is based at the same office where Anatomage has its headquarters.