Konecranes buys Terex cranes unit in $1.3 billion deal
Finland's Konecranes will acquire Terex's cranes business for 1.3 billion dollars, ending a planned all stock merger. Terex becomes 25 percent shareholder in Konecranes, with expected annual synergies of about 140 million euros. Zoomlion's competing cash bid prompted strategic shift, drawing scrutiny over security links.
MENTIONED IN THIS ARTICLE
Helsinki
Finland
Konecranes
Terex
U.S
Cedar Rapids
Waverly
China
Zoomlion Heavy Industries Science & Technology Co
Zoomlion
Panu Routila
Inderes Equity
Juha Kinnunen
People’s Liberation Army
Veteran bike shop owner opens new store in Marion
Deborah Nevens reports Jeff Patterson opens Cranky's Uptown Bicycles in Marion on May 2, marking his third shop after previously operating stores in Iowa City New Mexico and South Dakota. Patterson began in 1994 in Iowa City after college, later selling that shop in 2000 when a move for his wife prompted new jobs and bike ventures.
MENTIONED IN THIS ARTICLE
Marion
Patterson
Iowa City
New Mexico
South Dakota
Uptown Bicycles
University of Iowa
Coralville
Albuquerque
N.M
Rapid City
S.D
Jeff Patterson
Jeff
Rockwell Collins
Cedar Rapids
Cranky's Uptown Bicycles Opens in Marion
Jeff Patterson opens Cranky's Uptown Bicycles at 1170 Seventh Ave Marion offering new bikes parts and accessories with a full service repair shop. He selected small to mid-size bike companies to tailor inventory and maintain affordable pricing.
MENTIONED IN THIS ARTICLE
Jeff Patterson
Cranky
Uptown
Seventh Ave
Marion
Facebook
Patterson
Uptown Bicycles
Gannett raises bid for Tribune Publishing to 15 per share
Gannett increases unsolicited offer for Tribune Publishing to 15 dollars a share, valuing Tribune at about 475 million equity and 864 million with debt. Tribune's board may review the bid with Oaktree Capital Group pressing for a deal. The move follows Tribune debt and pension liability review and industrywide pressure on newspaper publishers.
MENTIONED IN THIS ARTICLE
Gannett
USA Today
The
Des Moines Register
Iowa City Press-Citizen
Tribune Publishing Co
Chicago Tribune
Los Angeles Times
Tribune
Oaktree Capital Group LLC
Oaktree
Retailers oppose SNAP rule change affecting heated foods
The Gazette reports that food retailers led by Casey’s General Stores oppose a proposed USDA SNAP rule. If more than 15 percent of a store’s food sales come from hot on site prepared items or staple food variety rules, stores could lose SNAP eligibility. The public comment period runs until Wednesday.
MENTIONED IN THIS ARTICLE
SNAP
Casey’s General Stores
Doug Beech
House Agriculture Committee
Casey’s
Beech
Jim McGovern
D-Mass
House
McGovern
U.S. Department of Agriculture
Food and Nutrition Service
George.ford
Thegazette.com
Also Mentioned on This Page
Deborah Nevens
Jim Slosiarek
the Gazette
Seventh Avenue
Tribune Publishing
George C. Ford
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