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MERGERS AND ACQUISITIONS
H.B. Fuller Co., Vadnais Heights, has completed the sale of its entire stake in its automotive joint venture to the principal partner, EMS Chemie Holding AG of Switzerland.
DEBT AND EQUITIES
Innovex Inc., Plymouth, has been notified by the Nasdaq Stock Market that for 30 days the company's common stock has closed below the minimum $1 bid price required by the Nasdaq. The company has 180 days to return to compliance.
PERSONNEL MOVES
CGS Publishing Technologies International, Minneapolis, said President and CEO Trevor Haworth has been elected to the board and was appointed CEO of CGS Publishing Technologies International GmbH, Hainburg, Germany.
NEW BUSINESS
Alltel Wireless, Little Rock, Ark., has launched broadband wireless Internet service in Mankato and surrounding communities in Minnesota and Iowa.
- Petters firms file for bankruptcy
- Dow surges 936 points, largest one-day point gain ever
- Ministers, nonprofits among the latest investors to sue Petters
- Bush critic Paul Krugman wins economics Nobel
- Chrysler CEO says no deal to announce
- Oct. 10: Layoffs coming at Petters companies
- Bush admin. looks to expand banking protections
Blog: Patent Pending
Bad markets= No IPOs
More bad financial news: there were no venture capital-backed IPOs in the second quarter, the worst quarterly performance since 1978, according to a recent report by PricewaterhouseCoopers. “There is little indication that the market will recover anytime before the second quarter in 2009,” said Tracy Lefteroff, global managing partner of the Venture Capital and Private Equity [...]
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