Plato Learning's newest proposal calls for it to acquire all shares of Renaissance Learning for about $496 million-or roughly $16.90 per share-but the majority owners have pledged their shares to a $455 million buyout offer from a European private equity firm.
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Total grants made in the state decreased 9.3 percent in 2009 from 2008, compared to a 5 percent drop between 2007 and 2008.
The Edina-based company said that its purchase of California-based Qumu will give it a strong presence in the rapidly growing video communications market.
Amid sluggish national economic growth, the State of Minnesota collected $59 million more in taxes during the first quarter than it had projected.
Sun Country Airlines' "Winter-Is-Just-Around-the-Corner" sale features one-way fares starting at $79, and comes on the heels of a similar-and successful-promotion last month.
The RiverBank, whose six branches have reopened as branches of Central Bank, is the second Minnesota bank to be shut down by state regulators this year; the first, Rosemont National Bank, was closed in April.
Thomas Sargent and Christopher Sims-both former faculty members of the University of Minnesota-jointly won the 2011 Nobel Prize in Economics.
Xcel says that a new federal regulation that is supposed to reduce coal-fired power plant emissions does not give the company enough credit for emissions it has already reduced at two plants in the Twin Cities.
Using a free mobile app called B4YouBoard, local travelers can use their smartphones to have food from three restaurants delivered right to their departure gate.
As its parent company adopts a new name and brand identity, Carlson Marketing will operate as Aimia going forward.
The company's first club outside the United States is set to open in Ontario, Canada in March 2012.
The Deephaven resident, who founded Miracle-Ear and pumped money into several companies, was a decorated World War II fighter pilot who also played a cameo role in the Watergate scandal even though he engaged in no wrongdoing.
A study reports that Minnesota lost 2,900 high-tech positions in 2010-a 2.3 percent drop in jobs compared to 2009 and more severe than the 2 percent drop nationwide.
Shortly after Regis announced a series of strategic changes, the company and one of its largest shareholders-which believes the changes fall short-are exchanging harsh criticisms ahead of an upcoming shareholder meeting.
A new report from the Minneapolis Foundation shows dramatic differences between Minneapolis residents of differing races and ethnicities-disparities that begin at an early age and affect education, jobs, housing, and other aspects of life.
A new video provides a look inside Fulton's downtown Minneapolis brewery, as well as some insight into the beer making process from co-founder Brian Hoffman.