The medical device manufacturer will net about $155.4 million, which it will use for general corporate purposes and to repay $115.2 million in debt.

The Atlantis 15 in Burnsville and The Chateau 14 in Rochester have been purchased by a Florida-based theater chain Paragon Theaters, which will complete several upgrades to the theaters.

The new office will open sometime this year within the Twin Cities metro area, and it aims to counsel residents about how to keep their homes.

The Austin-based manufacturer has also launched an anti-hunger initiative through which it is providing a high-protein turkey-based spread to malnourished residents of Guatemala.

The Minnesota politician is promoting bipartisan legislation that is focused on helping American small-businesses outperform foreign competition.

Companies like Cargill and Carlson are monitoring the events unfolding in Egypt.

Steven Rosenstone will succeed James McCormick as chancellor of the 32-school system, which serves more than 434,000 students each year.

James Gustafson, who faced 25 years in prison for two charges, was sentenced to two years probation, 120 hours of community service, and a $1,000 fine.

Now that the Minneapolis-St. Paul International Airport's concept has been approved for expansion, the Metropolitan Airports Commission is moving forward on the environmental review process for the first two phases.

Charles Hays, who was already sentenced to prison and ordered to pay $21.8 million in restitution in a criminal case, now faces a fine of $64.8 million-a huge sum that a judge describes as "largely academic" and meant to deter others from committing fraud.

Same-store sales rose 1.7 percent from January 2010, just shy of the 1.9 percent increase that Wall Street analysts had expected.

The government says that Denny Hecker's co-defendant Steven Leach-who is scheduled to be sentenced on February 8-should forfeit $14.2 million to pay back victims of his auto fraud scheme.

Denny Hecker's attorney filed court documents on Wednesday requesting an eight-year sentence for Hecker-below the maximum 10-year sentence that prosecutors want.