Author’s archive

Manhattan Toy Sues NJ Co. Over Licensing Agreement

Minneapolis-based Manhattan Toy has sued Dover, New Jersey-based Automoblox Company alleging that it did not honor obligations that were outlined in the companies' license agreement. According to the complaint, which

MN Office of Tech Moves to Microsoft Cloud

The State of Minnesota's Office of Enterprise Technology (OET) announced Monday that it has signed an agreement with Microsoft Corporation, through which the state office will transition its e-mail, instant

Cargill Acquires Brazilian Tomato Biz for $350M

Wayzata-based Cargill, Inc., announced Friday that it has entered an agreement to acquire Unilever's tomato products business in Brazil for approximately $350 million. The deal, which includes a manufacturing facility

HighJump Software to Buy TrueCommerce

Eden Prairie-based HighJump Software, Inc., announced Monday that it has reached an agreement to acquire TrueCommerce, Inc., a Cranberry Township, Pennsylvania-based provider of data-transfer services. Financial terms of the transaction

Target to Launch Small-Format Stores, Carry iPad

Minneapolis-based Target Corporation announced plans on Friday to build smaller Target stores in 10 U.S. cities, including somewhere in the Twin Cities, according to local media reports. The company announced

Virtual Radiologic to Acquire NightHawk for $170M

Virtual Radiologic Corporation, an Eden Prairie-based provider of teleradiology solutions to the medical industry, announced Monday that it will purchase NightHawk Radiology Holdings, Inc., for $6.50 per share-or about $170

Best Buy to Sell Toshiba’s Laptop for Kids

Best Buy Company, Inc., will be the exclusive retailer for a new Toshiba laptop designed for children. Toshiba's digital products division, a unit of Irvine, California-based Toshiba America Information Systems,

Carlson Opens Radisson Blu in Asia Pacific

Carlson Hotels, a subsidiary of Minnetonka-based Carlson, and SM Hotels and Conventions Corporation, a subsidiary of Philippine conglomerate SM Investments Corporation, announced Thursday that they will open the first Radisson

DEED Awards $3.2M in Redevelopment Grants

The Minnesota Department of Employment and Economic Development (DEED) announced Thursday that it has awarded $3.2 million in grants for six projects to help offset the costs of reclaiming and

HealthPartners, Blue Cross Halt Indiv. Plan Sales

HealthPartners and Blue Cross Blue Shield of Minnesota-two of Minnesota's largest health care insurers-have temporarily halted sales of new individual health insurance policies as their regulators await guidance regarding reforms

MGEX Completes Reorganization, Now a For-Profit

The Minneapolis Grain Exchange (MGEX) announced Wednesday that it has completed its reincorporation and is now a for profit, non-stock corporation. The corporate structure change was first announced by MGEX