StarTribune.com
mergers051208

Home | Business

Mergers and acquisitions

Last update: May 11, 2008 - 8:46 PM

Mergers and acquisitions involving Minnesota companies that were announced in the past week.

Target Acquirer

Date location location Description

5/5 Credit card portfolio J.P. Morgan Chase & Co. After much pushing from an activist investor, Minneapolis New York City Target Corp. sold almost half its credit card receivables for $3.6 billion. 5/6 GWS Inc. Boundless Network Boundless acquired longtime family-owned Minneapolis Austin, Texas GWS Inc., a promotional products company. 5/8 European and U.S. Best Buy Co. Inc. Best Buy will purchase a 50 percent interest retail business Richfield in Carphone Warehouse Group, a European mobile-phone retailer. 5/9 HighJump Software Battery Ventures 3M Co. sold its HighJump Software unit Eden Prairie Indiana to a technology venture-capital and private-equity firm. 5/9 Quest Technologies Inc. 3M Co. Quest Technologies, which makes Oconomowoc, Wis. Maplewood sound-monitoring equipment, will complement 3M's safety products.

Comment on this story  |  Be the first to comment  |  Hide reader comments

Subscribe

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 [...]

Recent posts