| Jan 5, 2015
| 1:53 PM
Eight former Franklin Federal Savings Bank branches opened Monday as TowneBank Richmond after the Suffolk-based TowneBank closed on a $253 million deal to acquire Franklin Financial Corp. on Jan. 2.
Staff worked "around the clock" over the weekend since...
| Dec 10, 2014
| 10:00 PM
Thousands of patients served at Evanston, Highland Park and Glenbrook hospitals over the past 14 years were informed by mail this week that they may qualify as members of a class action lawsuit over hospital pricing practices.
The lawsuit arises from...
| Aug 4, 2014
| 8:47 AM
Rising up from the ashes of the Great Recession, Impact Networking is back on track and ready to start construction on a new headquarters in Mettawa.
The 30,000-square-foot, two-story office building at 13875 W. Boulton Blvd. will house 75 employees when...
| Dec 2, 2014
| 5:39 PM
The merger wave sweeping the healthcare business caught up another Southern California company Tuesday as Avanir Pharmaceuticals Inc. in Aliso Viejo agreed to be acquired for about $3.5 billion in cash.
Japanese drug giant Otsuka Pharmaceutical Co.,...
| Sep 2, 2014
| 2:36 PM
Miami-based Norwegian Cruise Line Holdings is expanding its cruise portfolio with the acquisition of Prestige Cruises International Inc., the operator of Oceania Cruises and Regent Seven Seas Cruises.
On Tuesday, the company, which operates as Norwegian...
| Dec 8, 2014
| 4:17 PM
A prospective $4.5 billion merger between Orbital Sciences Corp. and its biggest supplier, Alliant Techsystems Inc. (ATK), has won approval from the U.S. Department of Justice following an antitrust review.
Orbital is the Dulles-based space...
| Dec 9, 2014
| 3:25 PM
The staff of the Maryland Public Service Commission and the state agency responsible for advocating for residential utility customers are raising concerns about a proposed merger between utility giant Exelon Corp. and Pepco Holdings.
While the PSC staff...
| Dec 10, 2014
| 1:34 PM
Walgreen CEO Greg Wasson will step down after the company completes its acquisition of European counterpart Alliance Boots, the company said Wednesday, a decision that didn't surprise company observers and investors.
Chairman James Skinner will become...
| Dec 11, 2014
| 1:01 PM
A coalition of California consumer groups fighting a huge nationwide cable TV merger is asking state telecommunications regulators to oppose it.
The groups filed legal opposition briefs with the Public Utilities Commission late Wednesday urging the...
| Sep 23, 2014
| 7:45 PM
Executives with Rupert Murdoch's 21st Century Fox and Starz met Tuesday to discuss a possible acquisition of the premium cable movie service, a deal that could expand Murdoch's reach into homes across the country.
Starz Chief Executive Chris Albrecht...
| Sep 23, 2014
| 2:15 PM
Since going public in 2005, Deerfield-based CF Industries Holdings Inc. has become a leading supplier of nitrogen fertilizer in North America. On Tuesday, the company signaled its global ambitions. Or it signaled that it wants to thwart the possibility of...