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Published November 5, 1997
SIMON DEBARTOLO Group Inc. launched a joint venture with Donaldson, Lifkin & Jenrette Inc. to "acquire and develop entertainment-related real-estate properties," including sports complexes and race tracks. The partners say they expect to acquire "more than" $1B in assets within two years (WALL STREET JOURNAL, 11/5)....MICHAEL JORDAN, on being a role model: "I can only do what I'm comfortable doing, and working with kids in the inner city is one of them. But I try to do what I can in other areas. Like I'm keeping on top of how Nike treats workers in Asia, though I think some of that is misunderstood" (N.Y. TIMES, 11/5).