HomeMy WebLinkAbout2015 03-26 Local Company News Roundup STAR TRIBUNE �StarTribune
Local company news roundup
March 26,2015-10:01 PM
MERGERS AND ACQUISITIONS
Meritex Enterprises,Minneapolis,has acquired the MetroAir Building 3,a 248,358-square-foot facility in Plainfield,Ind.The �
acquisition expands Meritex's Indianapolis portfolio to more than 1 million square feet.Meritex will directly manage the
MetroAir property along with its other holdings in Indianapolis.
Debt and equities
3M Co.,Maplewood,filed a patent infringement lawsuit in federal court in Minnesota against Danville Materials Inc.The suit
alleges that the sale of Danville's ZNano nanocomposite dental materials infnnge on 3M's patented ESPE Filtek Supreme
universal restoratives.
Fastenal Co.,Winona,announced that its board of direcrors authonzed purchases by the company of up to 4 million shares
of its common stock.
Personnel
Evine Live Inc.,Eden Prairie,named Tim Peterman executive vice president and chief financial officer,replacing Bill
McGreth.Evine Live also announced the departure of Teresa Dery,executive vice president and general counsel,and
president Bob Ayd.
Qumu Corp.,Minneapolis announced that three of its directors,Lawrence Benveniste,Steven Duist and James Reissner,
plan ro retire and not stand for re-election at the company's 2016 annual meeting .
0 2015 Slar Tribune