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In the News (921)

FENNVILLE — A wholly-owned subsidiary of Anheuser Busch LLC has acquired a majority interest in a West Michigan-based hard cider producer, MiBiz has learned.

Priority Health CEO retiring in early 2016

Written by | Thursday, 03 September 2015 15:07 |

Priority Health CEO Mike Freed plans to retire early next year, ending more than three years as head of the second-largest health plan in Michigan and two decades with parent corporation Spectrum Health. Freed announced his intention retire now to give Priority Heath adequate time to plan a smooth transition to a successor CEO.

Longtime Wege Foundation CEO to retire

Written by | Thursday, 03 September 2015 10:21 |

The Grand Rapids-based Wege Foundation released a statement today announcing that current President and CEO Ellen Satterlee would be retiring, effective Oct. 30, 2015.

Varsity News Network Inc., the Grand Rapids firm that provides schools a web-based platform to distribute content on sports programs, closed on $3.7 million in additional financing that will support national growth and development of a mobile app.

The acquisition comes as part of Unique Fabricating’s (NYSE: UFAB) overall growth strategy of tapping customers in new markets and product segments, CEO John Weinhardt said in a statement.

Perrigo acquires skin care products brand

Written by | Tuesday, 01 September 2015 14:01 |

Continuing to buy as it prepares to fend off a hostile takeover bid by Mylan N.V., Perrigo Co. plc acquired the ScarAway brand from Enhalus LLC, a marker of over-the-counter skin care products including treatments for scars.

GRCC establishes partnership with WMU

Written by | Friday, 28 August 2015 10:55 |

Grand Rapids Community College has partnered with Western Michigan University to create a seamless path for its students to transfer into the university’s programs, according to a statement.

Mylan N.V. will proceed with a hostile takeover attempt of Perrigo Co. plc. The company says more than the required two-thirds of shareholders voted today to back the $32.7 billion unsolicited offer for Perrigo.

Lansing-based Neogen Corp. (NASDAQ: NEOG) acquired the stock of United Kingdom-based Lab M Holdings today, according to a statement.

Brothers Bruce and Dan Israel have taken over the team, which competes in the United States Hockey League, a Tier 1 junior hockey league. The Israel brothers, both from the Detroit area, have retained general manager John Vanbiesbrouck and head coach Todd Krygier.

In a letter to shareholders, Perrigo Chairman and CEO Joe Papa accused Mylan of threatening to delist Perrigo shares should it secure a controlling interest in the company in a hostile takeover attempt.

East Coast investors acquired The Lofts at 5 Lyon, a student housing and retail property located at the northwest corner of Lyon Street and Division Avenue in the city’s downtown.

A little over a month after the owners of Kalamazoo Beer Exchange filed a trademark infringement lawsuit against a North Carolina tech firm, the two companies have settled their differences out of court.

SpartanNash announces second quarter earnings

Written by | Friday, 21 August 2015 09:04 |

Byron Center-based grocery retailer and food distributor SpartanNash Co. released its second quarter earnings late Wednesday, posting gains in operating profit and exceeding earnings expectations.

Lee Steel acquired by Ohio company

Written by | Friday, 21 August 2015 08:58 |

Toledo-based Union Partners I LLC has acquired the assets of Novi-based Lee Steel Corp.’s facility in Wyoming, Mich., as well as the working capital assets of the firm’s Romulus facility.

New industrial space planned in Grand Rapids

Written by | Thursday, 20 August 2015 13:32 |

Amid growing demand for industrial space in the greater Grand Rapids area, developers plan to construct two new buildings in Alpine Township. Grand Rapids-based Kelting Investment Properties LLC plans two new buildings at 1019 4 Mile Road NW to help meet the demand for quality industrial space in the region.

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