MERGERS AND ACQUISITIONS North Central Equity, Minneapolis, a holding company, said that its subsidiary, Mereen-Johnson, has acquired the business assets of Mereen-Johnson Machine Co., Minneapolis, a provider of woodworking machinery.
DEBT AND EQUITIES Deluxe Corp., Shoreview, has priced $200 million of its senior notes due 2020 in an unregistered offering. The notes will pay interest semiannually at an annual rate of 6 percent and will be unsecured obligations of the company. The closing of the offering is expected on Nov. 27.
G&K Services Inc., Minnetonka, declared a quarterly dividend of 19.5 cents per share, payable Dec. 21 to shareholders of record on Dec. 6.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Minnesota DFL wants faster clean energy permits, but some are wary of shortcutting public input
Lawmakers promise an effort to cut red tape for clean power won't result in meaningfully less oversight or public involvement.
Business
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive.
Business
Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed
A ship traveling in the Gulf of Aden came under attack Thursday, officials said, the latest assault carried out by Yemen's Houthi rebels over Israel's ongoing war on Hamas in the Gaza Strip.
Business
Stock market today: Wall Street falls on double dose of disappointing economic data, as Meta sinks
Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook's parent company, one of Wall Street's most influential stocks, also hurt the market.
Business
Google parent reports another quarter of accelerating growth and its stock price soars
Google's corporate parent Alphabet Inc. on Thursday released a quarterly report showing it's still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence.
