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Gregg Steinhafel’s compensation fell during the company’s latest fiscal year, but he’ll receive a severance package worth millions following his “involuntary termination for reasons other than for cause.”
May 19, 2014
Herbert Richard Lawson was accused of tipping off his brother and another company cofounder with insider information; the three men will pay nearly $6 million but didn’t admit wrongdoing.
May 13, 2014
Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.
May 08, 2014
The founders of I See Me! sold the publishing company to The McEvoy Group, but they will stay on and keep its headquarters in the Twin Cities.
May 07, 2014
Marketing and technology consultancy Magnet 360, which has been growing at breakneck speed, acquired a Los Angeles-based company and now has about 110 employees.
Mosaic will “eliminate only a small number of positions in Plymouth,” where the company is headquartered.
May 06, 2014
Advantus Capital Management is adding about $300 million in assets to the $29 billion it already manages.
May 05, 2014
The program's organizers said many similar organizations have surfaced since its inception, and one of them, Gopher Angels, will take over some of the work previously performed by the Minnesota Angel Network.
May 01, 2014
Industry group LifeScience Alley tallies $60 million raised in the first quarter, a 25 percent increase.
April 29, 2014
Qumu Corporation struck a deal to sell its Rimage disc-publishing business to focus exclusively on video content management software.
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