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See Minnesota's top earning companies, CEOs and non-profits
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MERGERS AND ACQUISITIONS
Wind Energy America Inc., Eden Prairie, has entered into a letter of intent for a business combination with Boreal Energy Inc., a Minnesota corporation. Wind Energy intends to buy substantially all of Boreal's wind-energy assets in a tax-free exchange for Wind Energy common stock.
IMI Cornelius has sold its 432,286-square-foot building in Anoka to Eniva Corp. Terms were not disclosed. IMI Cornelius closed its operations at the facility in 2002. Eniva Corp. makes a line of nutritional vitamin supplement products.
NEW BUSINESS
Cargill Inc., Minnetonka, announced plans to supply and trade private-label olive oil worldwide in a joint venture with Spain's Hojiblanca, the world's biggest producer. The venture is subject to approval from Spanish authorities.
- Petters investor in Illinois charged in fraud
- Twin Cities advisers accused of fraud, mismanagement
- Dress distress: Airline union wants bigger uniforms
- Supervalu CEO clears space on executive shelf
- Medtronic recalls insulin infusion equipment
- Smith & Hawken to close its doors in Edina
- Record casts doubt on money manager
Blog: Patent Pending
U to host big conference
The University of Minnesota will host the annual conference of the Association of University Research Parks in 2010. The conference will focus on ways research parks and innovation can aid the world’s economic recovery. Pretty good timing for the U. Through state-approved bonds, the school is spending $292 million to build four biomedical buidlings on its [...]
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