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  1. Chicago city council vetted the sale of the city parking system, which is owned by Morgan Stanley, and privatized it in a 75-year lease.

Chicago sought Stonepeak to acquire parking meters, while an association criticized the city's failed bid process.

4 reports, 3 independent Updated Mon 00:00
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New informationRepeats or wire copies

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What happened

Well supportedReported by 3 independent outlets

Chicago sought Stonepeak to acquire parking meters, while an association criticized the city's failed bid process.

Who's involved

What this event is mainly about

How it developed

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  1. Stonepeak completed the acquisition of Chicago's parking meters, providing $75 million to the city.1 source
  2. Chicago City Council approved the sale of the parking meter concession to Stonepeak.Sub-event
  3. City's failed bid process for parking meters drew criticism from an association.1 source

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The entities involved

Coverage

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1 more outlet ran the same wire story