DEBT AND EQUITIESDatalink Corp., Chanhassen, a provider of data center infrastructure and services, said it intends to offer 2.2 million shares of its common stock in an underwritten public offering and an additional 800,000 shares by the selling shareholder. Datalink intends to use the net proceeds from the offering for potential acquisitions of other businesses that will complement its current business model and growth plans. Any net proceeds not used for acquisitions will be used for general corporate purposes. Datalink will not receive any proceeds from the sale of shares by the selling shareholder. Craig-Hallum Capital Group and Canaccord Genuity Inc. will act as joint book-running managers.
Company news
March 2, 2011 at 2:06AM
Nash Finch Co., Edina, declared a regular quarterly cash dividend of 18 cents per common share, payable March 25 to shareholders of record March 11. The company has 12.1 million common shares outstanding.
EBF & Associates, Minnetonka, an alternative investment firm, closed Merced Partners III, a $567 million value and real asset opportunities fund. The fund is a six-year lockup vehicle and is the successor to Merced Partners II, a similar $474 million fund organized in 2007. Limited partners investing in Merced III include endowments, foundations, state and corporate pension plans and family offices, as well as significant general partner investment. EBF currently manages $1.8 billion in capital.
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As society eagerly moves on from pandemic, many continue to struggle with work and daily activities after being diagnosed with post-COVID fatigue and other symptoms.
