On news that the company had received an unsolicited buyout offer, its stock price soared 23 percent during one of the worst days the market has seen in recent years; but its stock dropped the next day when the company said it was not for sale.
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The geospatial technology provider has been bought by a group of private equity investors from Alexandria, Virginia.
In the wake of a significant Cargill food recall, the University of Minnesota has discovered a natural lantibiotic that could be used to preserve food and to kill harmful bacteria that cause food-borne illnesses.
The Minneapolis-based firm's longtime owner and president, Dave Maiser, wanted to sell as he nears retirement; he chose The Marek Group after receiving three acquisition offers.
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The Minneapolis-based firm's longtime owner and president, Dave Maiser, wanted to sell as he nears retirement; he chose The Marek Group after receiving three acquisition offers.
Two days after the Centers for Disease Control and Prevention announced a multi-state outbreak of salmonella that has resulted in one death and made dozens of people sick, Cargill issued a recall of about 36 million pounds of ground turkey due to possible contamination.
The Minnesota Trade Office is organizing a trade mission this fall to South Korea-one of Minnesota's fastest-growing export partners-and it is asking local companies to apply by August 12 to take part in the trip.
OptumHealth and its parent company, UnitedHealth Group, are set to acquire health care industry service provider Connextions.
Minnesota manufacturers want to incorporate sustainable processes and products into their operations, but they need to gain a better understanding of the market opportunities, according to a new report from the Agricultural Utilization Research Institute.
The Minnesota Department of Commerce alleges that Modify My Loan US began operations in Minnesota without a license, used false advertising, didn't disclose its poor financial condition to customers, charged fees for services that weren't actually provided, and failed to issue promised refunds.
Dairy Queen and managing franchisee Grupo Buen Rollo are set to open a group of 15 stores in Guatemala starting in October.
The St. Paul company received approval to start a clinical trial to evaluate the safety and effectiveness of a product designed to treat obstructive sleep apnea.
Moody's downgraded its outlook for Minnesota's debt, although it affirmed its actual rating for the state, which remains one step below the agency's top rating.
Recent Wayzata High School graduate Jack Alexander won a trip to the financial capital of the United States, New York City, for his winning essay about how he'd invest $100,000.
A proposed development project may bring a new hotel, retailers, and an entertainment center to Minneapolis' North Loop neighborhood.
The airline's purchase price was previously undisclosed, but recent court documents revealed that the company was sold for about $10 million more than the minimum bid price.
Four development projects were pitched for the historic Grain Belt site in northeast Minneapolis.
Welsh Property Trust has purchased a 741,092-square-foot industrial building located in the Indianapolis suburb of Plainfield, Indiana.
Chad Wegscheider reportedly is accused of conspiring to commit mortgage fraud related to the conversion of apartment buildings into condominiums.