DEBT AND EQUITIESHickoryTech Corp., Mankato, said that its board of directors has authorized a stock repurchase plan in which the company intends to repurchase up to $3 million of HickoryTech's common stock.
Caribou Coffee Co. Inc., Minneapolis, said that the underwritten public offering of 5.15 million of its common shares held by its major shareholder, Caribou Holding Co. Ltd., an affiliate of Arcapita Bank B.S.C., has been priced at $14.25 per share. The selling shareholder has also granted the underwriters an option to buy up to 772,245 additional common shares to cover overallotments, if any. The company will not receive any proceeds from the offering. In connection with the offering, Jefferies & Co. Inc. acted as lead book-running manager, Robert W. Baird & Co. Inc. and William Blair & Co. LLC acted as book-running managers and Craig-Hallum Capital Group LLC acted as co-manager.
PERSONNELThe Minneapolis law firm Dorsey & Whitney has named Thomas Bradley chief financial officer. Bradley had been executive vice president and CFO of Fair Isaac Corp., Minneapolis.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
