10/12Mixed-use complexShorenstein PropertiesShorenstein Properties will acquire the 33 South Sixth/City MinneapolisSan FranciscoCenter complex in downtown Minneapolis from Brookfield Properties for $207 million. 10/15Lifetech Scientific Corp.Medtronic Inc.Medtronic will acquire a 19 percent stake in Lifetech, a Shenzhen, ChinaFridleycardiovascular devices maker, and will receive the right to distribute LifeTech programs as well as the opportunity to acquire additional ownership. 10/16T-Chek Systems Inc.Electronic Funds SourceElectronic Funds Source acquired C.H. Robinson Worldwide's Eden PrairieOgden, Utahpayment services business for $302.5 million. 10/16Iowa Traction Railroad Co.Progressive Rail Inc.Progressive Rail acquired an Iowa-based railroad and electric Mason City, IowaLakevillelocomotive owner and operator. 10/17Ecolab Vehicle CareZep Inc.Zep Inc. will acquire the vehicle care division of St. Paul-based AtlantaEcolab Inc. for about $120 million. 10/17Essentia Insurance Co.Markel Corp.Markel Corp. will acquire Essentia Insurance Co. from Chesterfield, Mo.Glen Allen, Va.Minnetonka-based OneBeacon Insurance Group. 10/17MyStudentBodyHazelden FoundationHazelden has acquired MyStudentBody, an online alcohol and Center City, Minn.drug education program for college students, from Inflexxion Inc. 1 0/18Cebix Inc.Multiple investorsCebix, a developer of treatments for complications of diabetes, La Jolla, Calif. has closed on a $30.9 million financing round with investors that include Thomas McNerney & Partners, Minneapolis. 10/18Intacct Corp.Multiple investorsIntacct, a cloud financial management and accounting software San Jose, Calif. provider, has received $13.5 million in additional funding from from investors that include Split Rock Partners, Eden Prairie. 10/18Tomen Grain facilityCHS Inc.CHS has acquired the Tomen Grain facility from a subsidiary of Pekin, Ill.Inver Grove HeightsToyota Tsusho America Inc. 10/18All State Communications Inc. Arvig Enterprises Inc.Arvig acquired a communications products and services Sauk Rapids, Minn.Perham, Minn.provider.
Mergers and acquisitions
Mergers and acquisitions involving Minnesota companies that were announced in the past week.
October 21, 2012 at 8:20PM
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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.