Report
Chicago approves $2.5 billion parking-meter sale to Stonepeak Partners
Bloomberg reports that a Morgan Stanley-led investor group is selling the operation and says the approval ends months of political turmoil around the deal.
TLDR
Bloomberg reports that Chicago approved a Morgan Stanley-led investor group’s $2.5 billion sale of a parking-meter operation to Stonepeak Partners, ending months of political turmoil around the transaction.
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