ValueVision denied investor Clinton Group’s request for a special meeting in January and has instead scheduled the meeting, one at which shareholders may vote on Clinton’s proposals, for March.
Banking + Finance
The merger of Nash Finch and Spartan Stores created SpartanNash Company, although the former brand names will continue to be used in their respective markets.
The electronics retailer’s stock is up 235 percent this year but fell Tuesday after the company announced that it expects lower margins due to increased promotional costs.
The governor’s rejection of the president’s proposal may also affect those who have employer-provided insurance plans.
Due to a decline in unemployment insurance, the state recently approved a reduction in related taxes.
3M, which was among a group that in 2011 invested in Ecovative Design, has increased its investment by an undisclosed sum.
The Shakopee company saw a jump in food and beverage sales but a decrease in card casino sales, which it attributed in part to significant road construction in the area.
John Pohlad has been appointed director of strategic development at Rothschild Capital Partners, which is looking to grow its Minneapolis presence.
The challenge claimed that under the city charter, voters had to approve any stadium spending over $10 million.
Xcel Energy was the highest-ranked Minnesota company on this year’s list.
Representative Michele Bachmann has a stack of cash left in her congressional campaign account, with no obvious expenses left to spend it on.
The company is projecting 2013 sales of $152 million, about half as much revenue as it reported a few years ago.
SmartThings—which allows users to control household and other devices using a smartphone—has now raised $15.5 million in venture capital, in addition to the $1.2 million that it “crowdfunded.”
Stock sales by Best Buy’s founder and his family foundation top $200 million since September.
A merger involving the 26-lawyer Minneapolis firm Mackall Crounse & Moore marks the third significant law firm combination in the Twin Cities during the past couple of years.
The agency said that it is eliminating upfront borrowers’ fees for veterans who receive a loan worth up to $350,000 through the SBA Express Loan Program.
Could the Affordable Care Act lead to a decline of mergers and acquisitions in Minnesota or just a more complex vetting process?
The International Institute of Minnesota has trained and graduated close to 2,000 nursing assistants over the last two decades.