MERGERS AND ACQUISITIONS Digital River Inc., Minnetonka, has completed its all-cash acquisition of LML Payment Systems Inc., a Vancouver-based provider of electronic payment processing, risk management and authentication services.
Verisae Inc., a Minneapolis-based provider of maintenance, energy, environmental and sustainability management cloud-based solutions, has been acquired by Marlin Equity Partners, a private investment firm.
ATI Black Diamond Granules Inc., Woodbury, has been acquired by U.S. Minerals Inc., a portfolio company of Chicago-based private equity firm Merit Capital Partners. Terms were not disclosed. Black Diamond and U.S. Minerals, headquartered in Dyer, Ind., both recycle and process coal slag into roofing shingle granules and sandblasting abrasives.
DEBT AND EQUITIES Target Corp., Minneapolis, declared a quarterly dividend of 36 cents per common share, payable March 10 to shareholders of record Feb. 20.
