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Minnesota business by the numbers
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mergers and acquisitions
Mergers and acquisitions involving Minnesota companies that were announced in the past week.
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Date location location Description
11/6 DiscoverReady Dolan Media Co. Dolan acquires an 85 percent equity interest New York City Minneapolis in DiscoverReady, which provides outsourced discovery management and fixed-fee document review services. 11/6 Deposits Alerus Financial Corp. Alerus agreed to assume three branches and Grand Forks, N.D. all the deposits of Prosperan Bank of Oakdale, according to the FDIC. 11/10 CareMedic Systems Inc. UnitedHealth Group Inc. UnitedHealth, through its Ingenix business, administration business Minnetonka acquired CareMedic, which provides revenue cycle management solutions. 11/10 Central Bank of Central City Citizens Bank of St. Paul Citizens Bank will take over assets and Central City, Neb. St. Paul liabilities of the only office of Central Bank. 11/13 Certain assets Lubbock Power & Light Xcel's Southwestern Public Service of New Lubbock, Texas Mexico agreed to sell some electric distribution assets in Lubbock, Texas, for $87 million.Recent Business stories
Menendez urged Federal Reserve to approve deal with home state bank - November 15, 2009
Menendez urged Federal Reserve to approve deal with home state bank - Sen. Robert Menendez wrote to Federal Reserve Chairman Ben Bernanke last summer seeking help for a home state bank operated by campaign contributors, specifically asking for approval of an acquisition that would have rescued the institution. More
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