Local company news roundup

May 13, 2015 at 2:55AM

mergers and acquisitions

Fortune Brands Home & Security Inc., Deerfield Ill., announced that it completed its tender offer to purchase all shares of common stock of ­Norcraft Companies Inc., Eagan, for $25.50 per share.

Annual meeting results

3M Co., Maplewood, announced that shareholders elected all 10 director nominees at the annual meeting Tuesday in Austin, Texas. Shareholders ­also ratified the appointment of their independent public accounting firm and approved, on an advisory basis, the company's executive ­compensation plan.

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Spencer Platt

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.

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.
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