The recent compromise calls for the new development to be mixed-use-which would put to rest concerns from a local resident group that in October spoke against retail-only building.
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The two companies announced Thursday that they are in "advanced discussions" regarding a merger, and Dell may buy Compellent for $27.50 per share.
The bulk of that sum was distributed through a profit-sharing program that's been in place since 1938.
Medtronic acknowledged in a recent filing that it received a subpoena that relates to its neurostimulation devices in October.
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Medtronic acknowledged in a recent filing that it received a subpoena that relates to its neurostimulation devices in October.
A representative of new owner LNR Partners confirmed that Behringer Harvard turned over the keys on December 3 after what industry experts believe to be the first instance of a downtown office-tower default since the onset of the economic downturn.
If adopted, the $6.1 million cut would lower Minneapolis' property-tax increase for 2011 to 4.7 percent-down from previous year-over-year increases of up to 7.5 percent-which is needed to cover the city's pension obligations.
The buyer, Ryder System, will retain the current management and employees of Total Logistic Control.
A recent survey indicates that improved marketing efforts and cost-saving deals are helping the Minneapolis retailer attract more shoppers.
Residents in the Minneapolis-St. Paul metro set aside more funds for retirement, which they approach with "higher levels of emotional preparation" than residents of other cities.
The Nexus S hits Best Buy stores and the company's Web site on December 16.
The St. Paul non-profit will focus on bringing new business and jobs to the city.
Biber, who is now in prison on a criminal sexual assault charge involving a minor, agreed to be disbarred last month; the Supreme Court on Friday signed an order that made the disbarment official.
The Minnesota Early Learning Foundation is asking the Minnesota Legislature to implement a voluntary rating system designed to inform parents about the quality of child care providers.
An Arizona company alleges that U.S. Bank was aware of a breach of its data but concealed the matter-which resulted in losses for merchants from across the country. The bank disputes the allegations.
According to the U.S. Consumer Product Safety Commission, the floor of the tent failed a flammability test and poses a fire hazard.
The state scored well for its low uninsured population, but the frequency of binge drinking-as well as low public health funding-kept Minnesota from topping the list.
Excluding special charges, the company expects 2011 earnings to be between $6.17 and $6.37 per share-marking a jump of 10 percent to 14 percent over forecasted 2010 earnings.
Company President and COO Jay Lund will replace seven-year CEO Jim Humphrey upon his retirement in March.
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