The Eden Prairie-based test system maker, which has been under investigation for more than a year, said that the deal must still be approved by the U.S. Department of Justice.
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Robert Bosch Healthcare Systems claims that Chanhassen-based Cardiocom infringed on six of its patents, but Cardiocom denied the allegations.
Glen Taylor has reportedly found a successor who could soon buy a stake in the Timberwolves and eventually become majority owner, although Taylor plans to maintain a stake in the team for several years.
Jennifer Ford Reedy, who currently serves as chief of staff and vice president of strategy for Minnesota Philanthropy Partners, will assume the new position on September 4.
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Jennifer Ford Reedy, who currently serves as chief of staff and vice president of strategy for Minnesota Philanthropy Partners, will assume the new position on September 4.
The company, which was accused of breaking privacy laws and using unethical debt-collection tactics, did not admit to any wrongdoing in its settlement agreement.
Florness is known for his tight expense and inventory control measures, according to The Wall Street Journal.
Teresa McFarland’s new firm, McFarland Communications, will offer many of the same traditional PR services as McFarland Cahill Communications, but it will increase its focus on content creation for digital platforms.
Former CEO Brad Anderson and former President and Chief Operating Officer Al Lenzmeier are reportedly among those Richard Schulze is recruiting for his executive team as he attempts a private takeover.
Surly sought applicants “with a strong local presence”—and it has chosen Minneapolis-based HGA Architects for its brewery project.
The new stores will be built in an area of western North Dakota where population growth is occurring thanks to booming oil production.
Following disappointing quarterly financial results and amid a review of “strategic alternatives,” including a possible sale, Supervalu has dismissed its CEO.
The retailer released preliminary second-quarter financial results showing year-over-year improvement, a move that’s presumably in response to recent criticism from an investor and would-be buyer.
Minneapolis is now accepting proposals from developers to build 100 “green” homes in North Minneapolis over the next five years using $3 million in grants and loans.
Greenlight Capital told investors that Best Buy is “trying to come up with a strategy” following the departures of CEO Brian Dunn and Chairman Richard Schulze, which could lead to additional “business disruption.”
The St. Paul-based bank, which was founded in 1915, will become a wholly owned subsidiary of American National Corporation but will retain its headquarters and name.
The company has signed franchise agreements to open locations across the Middle East and in Puerto Rico over the next few years; it also plans to open 70 new locations in the United States and Canada this year.
The leader of the AFL-CIO pledged support for the local union that represents workers who were locked out by American Crystal Sugar, saying that the organizations are “escalating their campaign for fairness and justice at the company.”
After experiencing more than $17 million in losses at its Hong Kong office over the past 18 months, Piper Jaffray Companies has decided to close the office and expects the closure to boost its financial performance.
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