Local company roundup
- July 17, 2013 - 8:03 PM
MERGERS AND ACQUISITIONS
Minnetronix Inc., St. Paul, a medical device company, has acquired Neurofluidics Inc., a privately held company with an established base of patented technology in neurocritical care. Terms were not disclosed.
HighJump Software, Eden Prairie, has acquired Evenex, a Danish provider of business-to-business integration products.
Larson Boat Group, Little Falls, Minn., announced the launch of the Escape, its new line of pontoon boats. The Escape will be introduced with models in 21-, 23- and 25-foot lengths and will feature Larson’s patented Tapered Tube technology. This construction uses dual planing hulls constructed of heavy-gauge aluminum to give the boat a smooth, solid and agile ride with efficient fuel economy.
DEBT AND EQUITIES
Deluxe Corp., Shoreview, declared a quarterly dividend of 25 cents per share, payable Sept. 3 to shareholders of record on Aug. 19. The company had about 50.4 million shares outstanding as of July 15.
HickoryTech Corp., Mankato, declared a quarterly dividend of 14.5 cents per common share, payable Sept. 5 to shareholders of record on Aug. 15.
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