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MERGERS AND ACQUISITIONS

Buckingham Capital Partners II, a New York-based private equity firm, has acquired AD Subsidiary, formerly the Automation Division of Remmele Engineering, St. Paul. Terms were not disclosed.

NEW PRODUCT

Fair Isaac Corp., Minneapolis, has found a way to restore authorized user credit accounts to the calculation of FICO 08 credit scores while materially reducing any potential effect on the score from tampering. Fair Isaac is adding the patent-pending technology advance to its FICO 08 formula.

Wolters Kluwer Financial Services, Minneapolis, introduced a new suite of government lending services to help financial institutions create, expand and manage a profitable, compliant Federal Housing Administration lending program.

DEBT AND EQUITIES

Imation Corp., Oakdale, declared a quarterly dividend of 16 cents per share payable Sept. 30 to shareholders of record Sept. 15.

HickoryTech Corp., Mankato, declared a quarterly dividend of 12 cents per share payable Sept. 5 to shareholders of record Aug. 15.

PreVu Inc., Minneapolis, has received notification from the Nasdaq Stock Market that trading in the company's common stock on the Nasdaq Global Market will be suspended Monday, for failure to comply with Nasdaq's minimum shareholders' equity requirement The shares subsequently will be delisted from the Nasdaq Global Market.

Ciprico Inc., Plymouth, has that the Nasdaq Listing Qualifications Hearings Panel has decided to delist the company's shares from the Nasdaq Stock Market and will suspend trading of the shares today. The company, which filed for Chapter 11 bankruptcy protection Monday, does not intend to incur additional costs to appeal the panel's decision.

RESTRUCTURING

Christopher & Banks Corp., Plymouth, said it plans to quit its Acorn division business by Dec. 31. The company's board of directors authorized plans to close the 36 Acorn stores. The company will focus on its two core brands, Christopher & Banks and C.J. Banks, as well as on supporting other growth initiatives that it believes have more potential to create shareholder value.

PERSONNEL

Wireless Ronin Technologies Inc., Minnetonka, appointed Stephen Birke, former Target vice president and general merchandise manager, to its board of directors.

UnitedHealth Group Inc., Minnetonka, appointed Kathryn Sullivan CEO, Central Region and Jeff Lucht senior vice president of the UnitedHealthcare division. Steven Nelson, who has served as president of AmeriChoice, a UnitedHealthcare sister company, has been appointed CEO of UnitedHealthcare's West Region.

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Blog: Patent Pending

Lights out at U energy conference. Irony police notified.

Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.

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