Wilmington, US-based network performance management company SevOne Inc bought Minneapolis, Minnesota-based data analytics firm RapidEngines for an undisclosed amount as part of its service enhancement efforts.
Minnesota
The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.
Minnesota, US-based CHS Inc agricultural and energy firm CHS Inc picked up the fertilizer business of Lake Providence, Louisiana-based river transportation service provider Terral RiverService for an undisclosed sum.
Minnesota, US-based food processing firm Cargill purchased the Leonardo olive oil brand from New Delhi, India-based premium wellness food provider Dalmia Continental for an estimated price of INR100 crore.
North Dakota-based multimedia information company Forum Communications Co has agreed to purchase Minnesota-based media firm Brainerd Dispatch and other newspaper assets in the north-central Minnesota area.
Minnesota-based developer CSM Corp bought the historical building in downtown Phoenix, Hotel Monroe in a deal valued at $7.85 million, according to a commercial real estate research firm.
Virginia-based business development company Gladstone Capital Corporation invested $5.5 million in debt and equity to acquire Minnesota-based steel container supplier Behrens Manufacturing LL, with the participation of co-investor Gladstone Investment Corporation.
A study by The Institute for College Access and Success found that America's class of 2012 graduated with an average of USD29,400 in student loan debt. Student debt levels, however, varies according to state and geographical regions.
Illinois-based giant pork producer The Mashhoffs inked a definitive agreement to acquire Midwest poultry producer GNP Company in a deal that will provide the capital that GNP needs for its growth.
Pork producer The Maschhoffs LLC announced on Friday that it has agreed to purchase chicken company GNP Company for an undisclosed amount. GNP company is the 18th-biggest broiler producer in the US.
Birmingham-based United States Pipe and Foundry Co. and US Pipe Fabrication acquired Minnesota-based company Fab Pipe Inc. to expand its waterworks fabrication and distribution network in the Midwest.
Allete Clean Energy, a subsidiary of US power company Allete, recently announced its acquisition of three wind farms located in Minnesota, Iowa, and Oregon, for USD27 million.
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.