Some analysts are speculating that the two Minnesota-based companies, whose share prices have dropped dramatically, could be the targets of leveraged buyouts.
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The company said that it is “surprised and disappointed with the jury’s verdict,” and it is considering an appeal.
The companies have worked closely for the past four years; both focus on therapies for diseases of the central nervous system, including Parkinson’s disease, epilepsy, and Alzheimer’s disease.
The new brewpub will be built in the former home of the Trocaderos nightclub, and it is expected to feature food, six to eight house-brewed ales, and live music.
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The new brewpub will be built in the former home of the Trocaderos nightclub, and it is expected to feature food, six to eight house-brewed ales, and live music.
The 3.5 percent tuition increase for undergraduate Minnesota residents will be the lowest year-over-year hike in more than a decade; the budget for the 2012-2013 school year also calls for a 4.8 percent resident tuition increase for daytime MBA students.
A preliminary assessment of the paper mill, which was damaged by an explosion and fire last month, revealed that it would take several months to repair; but the company that runs it will explore all of its options after the full damage, repairs, and cost are known.
The St. Louis Park-based restaurant chain said that the capital will “help to accelerate our growth going forward.”
Kevin VanDeraa, owner of Cupcake in Minneapolis, won a $50,000 prize for taking first place during the championship series of the Food Network’s Cupcake Wars, and the money will fund an expansion of his business.
Under Mauro Porcini’s direction, 3M created numerous stylish product designs; he joined 3M’s European operations in 2002 and worked his way up the corporate ladder during his decade with the company.
The middle-market investment firm separately announced that it has acquired Boothwyn, Pennsylvania-based health care company Pentech Holdings, Inc.
612Brew, which will be located in The Broadway building, intends to open a taproom and begin selling growlers in late fall, and it will start supplying liquor stores within a year.
Jason Beckman, Gerald Durand, and Patrick Kiley were found guilty of a long list of charges pertaining to their roles in soliciting investors for Trevor Cook’s fraudulent currency trading scheme.
An upcoming Supreme Court ruling could strike down the 2010 health care reform law—but UnitedHealth Group has pledged to continue to offer some of the law’s provisions regardless of the ruling.
The custom equipment that Intequus made for Netflix’s new content delivery network is designed to help Netflix’s video content stream more efficiently.
MentorMate, The Nerdery, and MPay Gateway made the inaugural "Flyover 50" list—which recognizes the 50 fastest-growing companies that are based in the middle of the country.
Minnesota will benefit from a multi-state, $1.6 million settlement to be paid by the Georgia-based provider of supplemental insurance.
The state’s gross domestic product (GDP) totaled $244.9 billion last year; the 1.2 percent growth rate is less than half of the 3.9 percent increase that the state experienced in 2010.
The coffeehouse operator is selling local band Rocket Club’s newest album at 198 of its Midwest locations.
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