Company roundup

February 22, 2013 at 1:18AM

DEBT AND EQUITIES

Valspar Corp., Minneapolis, declared a quarterly dividend of 23 cents per common share, payable March 15 to shareholders of record on March 4.

EnteroMedics Inc., Roseville, said it intends to offer shares of its common stock and warrants to purchase common stock in an underwritten public offering. The company intends to use the net proceeds from this offering to continue work toward regulatory approval of the Maestro RC System in the United States, for international commercialization efforts, for clinical and product development activities and for other working capital and general corporate purposes. Craig-Hallum Capital Group, Minneapolis, is acting as the sole book-running manager for the offering.

about the writer

about the writer

Wire services

More from Business

See More
card image
David Joles/The Minnesota Star Tribune

In his second week as CEO, Michael Fiddelke is changing Target’s executive suite and in-store staffing amid lagging performance.

card image
card image