Business briefly

Helicopter tour company tries again

A helicopter tour company is making a second attempt at opening a business in North Myrtle Beach – about 500 feet away from a location proposed earlier this summer – and residents say they still don’t want the company in their neighborhood. The North Myrtle Beach Board of Zoning and Appeals will hear the request from the company, which would be on property owned by Carroll Rogers, on Sept. 10. The business now is proposed to be on land on Windy Hill Road Extension behind a Walgreens pharmacy.

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▪ If another buyer tries to breakup Sycamore Partners’ proposed acquisition of Belk with a more attractive offer and the retailer accepts, it would have to pay Sycamore a termination fee of $80 million. In the event Sycamore Partners backs out of the deal for some reason, it would have to pay Belk $165 million in what’s known as a reverse termination fee. A securities filing Wednesday shed some light on the deal announced earlier this week in which Belk said it had agreed to be purchased by Sycamore, a New York-based private equity firm, for $3 billion.

▪ Apple said music executive Ian Rogers is leaving the company, a surprise departure coming a couple of months after the debut of a new service he helped create. Rogers joined Apple with the company’s $3 billion purchase of Beats Electronics in August 2014, and oversaw the online radio operation of Apple Music, including the station Beats 1. He is leaving for an unspecified job in Europe, according to a person with knowledge of the matter who wasn’t authorized to speak publicly and asked not to be named.

▪ The CEO of the company that runs adultery website Ashley Madison is stepping down in the wake of the massive breach of the company’s computer systems and outing of millions of its members. The abrupt departure of Noel Biderman, which came without the appointment of an interim replacement, could be another sign that the website’s days may be numbered, experts say.

This story was originally published August 28, 2015 at 8:35 PM with the headline "Business briefly."