Patrick Kennedy

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Patrick Kennedy

Reporter | Business, Research

Phone: 612-673-7926

Email: Patrick.Kennedy@startribune.com

Patrick Kennedy, reporter and researcher, produces the annual Star Tribune 100 ranking of Minnesota’s biggest companies; the CEO compensation package and the Nonprofit 100 as well as the Quarterly Deals and Quarterly Money Managers reports.
Follow @PKennedyStrib

Plato Learning's high bid won't be enough to snag Renaissance

A judge's decision Friday appears to clear the way for a merger between Wisconsin-based Renaissance Learning and its preferred bidder.

Updated: October 14, 2011, - 08:37 PM

Starboard responds to Regis' shareholder letter

Starboard Value countered quickly in its proxy fight with Regis Corp. Regis sent a letter to shareholders Wednesday asking them to vote for the hair-salon company's nominated slate of directors at the upcoming shareholders meeting later this month.

Updated: October 14, 2011, - 09:20 AM

Regis letter urges shareholders to brush off activist investor

Hair care company says Starboard advocates "uninformed and irresponsible cost-cutting."

Updated: October 12, 2011, - 09:07 PM

Cargill subsidiary gets $150 million investment to build plant in Thailand

PTT Chemical will be the first outside investor in NatureWorks.

Updated: October 12, 2011, - 05:43 PM

Takeover target Renaissance Learning rejects Plato bid

Shareholder files lawsuit asking why Renaissance still favors a lower offer from another private equity company.

Updated: October 12, 2011, - 11:40 AM

Plato again raises its bid for Renaissance Learning

Plato Learning Inc., an online education company based in Bloomington, raised its bid to acquire Wisconsin Rapids-based Renaissance Learning Inc. on Monday for a second time.

Updated: October 11, 2011, - 10:00 AM

Rimage Corp. acquiring California-based Qumu Inc.

Disc publisher will buy the video communications firm in a $52 million cash-and-stock deal.

Updated: October 10, 2011, - 07:28 PM

Regis Corp. chairman, CEO to leave

Company will promote veteran as it explores the possible sale of its Hair Club business.

Updated: October 04, 2011, - 08:36 AM

New Navarre CEO's salary: $450,000, plus extras

New Navarre CEO Richard Willis will get an annual salary of $450,000 and 700,000 shares of stock options and restricted stock awards, according to his employment agreement disclosed in a filing with the Securities and Exchange Commission on Monday.

Updated: September 19, 2011, - 09:35 PM