Altus Capital Partners, Wilton, Conn., announced it has completed the tender offer for all shares of MGC Diagnostics Corp., Vadnais Heights.
It was the second acquisition of 2017 for private-equity firm Altus Capital, which makes control investments in middle-market manufacturing companies. It purchased the outstanding shares of MGC for $11.03 per share, or approximately $50 million.
Intellectual property
3M files suit on touch-sensor technology
3M Co., Maplewood, and 3M Innovative Properties Co. filed a patent-infringement lawsuit in the District Court of Wilmington, Del., regarding its touch-sensor technology.
3M's suit alleges Elo Touch Solutions, Milpitas, Calif., has infringed on four 3M patents regarding projected capacitive products.
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U.S. stocks are drifting higher Monday as Wall Street readies for a week packed with potentially market-moving reports.
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Tesla, Domino's Pizza rise; AMC Entertainment, SoFi Technologies fall, Monday, 4/29/2024
Stocks that are trading heavily or have substantial price changes on Monday:
Business
Likely missile attack by Yemen's Houthi rebels damages a ship in the Red Sea
A suspected missile attack by Yemen's Houthi rebels damaged a ship in the Red Sea on Monday, authorities said, the latest assault in their campaign against international shipping in the crucial maritime route.
Business
Spain's Prime Minister Sánchez says he'll continue in office after days of reflection
Spanish Prime Minister Pedro Sánchez vowed to stay in office and govern ''with even more strength'' Monday, ending days of speculation he might resign to stop what he called a smear campaign against his wife after she was accused of corruption.
