With the transaction, medical imaging manufacturer Digirad Corp. will convert ATRM stock shares into Digirad shares.
Banking + Finance
The company says it’s invested nearly $800 million on various Minnesota housing initiatives over the last decade.
Following his retirement from the NBA, the future hall-of-famer will help the financial management firm better serve athletes and creatives.
RiverFirst Campaign nears the $17.9 million finish line
The Minneapolis-based investment company is selling part of its Advisory Research Inc. (ARI) division to Tortoise Capital and the rest to ARI executive Matthew Swaim. It will use the funds to focus on its banking platforms.
Edina-based The Dragonfly Group controls the new entity.
The transaction is expected to boost Avtex’s expertise in sales and artificial intelligence.
OwnersEdge now has five companies in its portfolio.
Minnesota bankers forecast steady credit demand despite worries of a slowing economy.
Fast-growing DailyPay cited the local culture of innovation as a key reason for choosing Minneapolis for its second office.
“With a refreshed logo and revitalized website, Bremer Bank is signaling a step to the forefront of this emerging generation of banking,” says company president Jeanne Crain.
Kopp will step down as chairman and shutter Kopp Investment Advisors as he shifts his focus to philanthropy work through the Kopp Family Foundation.
New federal tax incentive draws developers and investors.
New locations in Minneapolis and St. Paul are part of Chase’s plan to open 90 branches across nine new markets in 2019.
The generational change-of-hands occurs after Stearns Bank has been led by Norm Skalicky for more than 50 years.
The deal, ranking among Toro’s largest, adds new brands to its portfolio and deepens its stake in the underground construction market.
Despite concerns over trade and weakness
in the agriculture sector, Minnesota bankers expect to see the state’s economy continue
to grow this year.
Millions of dollars in loans to Minnesota small businesses were on hold.