MERGERS AND ACQUISITIONS
PaR Systems Inc., Shoreview, a provider of material handling, aerospace manufacturing, automation and robotic products, has acquired the major assets of Atlanta-based CAMotion Inc., and CAMotion Cranes Inc., makers of material handling equipment utilizing Cartesian robotic technology for pick-and-place systems, palletizing and depalletizing machines, and advanced crane motion controls.
NEW PRODUCTS
St. Jude Medical Inc., Little Canada, has launched a clinical study to evaluate the combination of peripheral nerve field stimulation and spinal cord stimulation (SCS), to determine whether the two therapies together offer more effective management of chronic low back and leg pain than SCS alone. The first patient in the Subcutaneous and Epidural Neuromodulation System Evaluation (SENSE) study was enrolled at Comprehensive Pain & Rehabilitation in Pascagoula, Miss. Peripheral nerve field stimulation and SCS are minimally invasive neurostimulation therapies that involve the implant of a stimulation device and small electrical leads. In SCS, leads are placed in the epidural space to interrupt or mask the transmission of pain signals to the brain.
DEBT AND EQUITIES
Regis Corp., Edina, an owner, operator and franchiser of hair salons, announced implementation of a new capital allocation policy. As part of this new policy, the company also said that it has issued $120 million of 5.75 percent senior unsecured notes due 2017. The company intends to use the proceeds from the notes to refinance a portion of Regis' $172.5 million convertible debt maturing in July 2014.
![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)
