Company news

October 26, 2011 at 1:23AM

DEBT AND EQUITIESKips Bay Medical Inc., Plymouth, has entered into an agreement with Aspire Capital Fund, an Illinois limited liability company, whereby Aspire Capital has committed over the next three years to buy up to $20 million of Kips Bay common stock based on prevailing market prices over a period preceding each sale. Cohen & Co. Capital Markets, a wholly owned subsidiary of PrinceRidge Holdings, acted as financial adviser to Kips Bay in connection with the transaction.

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Elizabeth Flores/The Minnesota Star Tribune

Minnesota Attorney General Keith Ellison is tapping a retired judge and Dr. William McGuire for negotiations between the U, its doctors and Fairview Health Services.

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