Text of President Obama speech on terrorism

Casey, Polachek

First Posted: 5/29/2013 (AP) The privately held company that owns the Empire State Building is a step closer to going public.
According to a Securities and Exchange Commission filing, enough shareholders approved a plan to turn the company into a publicly traded real estate investment trust.
Under the plan spearheaded by Malkin Holdings LLC, which runs the iconic New York building, three companies would be consolidated and up to $1 billion would be raised by selling stock in a new company to be called Empire State Realty Trust.
Malkin originally proposed the plan early last year, but met resistance from some stakeholders.
<a title="Associated Press" href="http://www.ap.org" class="url org fn">Associated Press</a>

Empire State Building stakeholders OK IPO plan