LR: second city | Arkansas Blog

Friday, June 15, 2007

LR: second city

Posted By on Fri, Jun 15, 2007 at 1:45 PM

Talk Business offers a topic that seems likely to prompt some talk. It's about a Bloomberg article suggesting that the sale of Alltel and Acxiom to outside investors could put Central Arkansas more in the shadow of Northwest Arkansas. The article is written by Edward Klump. (Isn't that the name of a former Democrat-Gazette reporter?) Said the article:

The changes in ownership could dim Little Rock's standing as a headquarters city and lead to economic losses if the buyers move or break up the companies.”

 “Little Rock does seem even more as if it's in the northwest's shadow,” said Kevin Klowden, managing economist at the Milken Institute in Santa Monica, California.


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