Author’s archive

Fingerhut Parent Bluestem Files to Go Public

Catalog and online retailer Bluestem Brands, Inc., has filed an initial registration statement for an initial public offering (IPO) that could raise up to $150 million. The Eden Prairie-based company-which

Lennar Buys 72 Lots in Otsego Development

More than two years after Lennar Corporation bought lots in Martin Farms-a troubled development in Otsego-the company has purchased an additional 72 lots, according to the Star Tribune. The Minneapolis

MN Start-up Signs Licensing Deal with Kraft

Minnetonka-based start-up Medisyn Technologies has licensed a number of new food ingredients to Kraft Foods that could provide health and wellness benefits. The compounds were uncovered as a result of

RTI Sold to European Investment Fund

Restaurant Technologies, Inc. (RTI), an Eagan-based cooking oil management company, on Wednesday announced that it has been sold to a European private equity firm. Guernsey-based EQT Infrastructure signed a definitive

St. Jude Puts Price Tag on Japan Disaster

Little Canada-based St. Jude Medical announced Wednesday that its first-quarter earnings declined slightly, largely due to a decrease of international sales in Japan and costs related to the company's acquisition