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Perrigo's shares dip after Bloomberg report

Written by | Friday, 17 April 2015 15:32 |

Perrigo Co. plc’s share dipped this afternoon after Bloomberg reported that Israeli generic drug maker Teva Pharmaceutical Industries Ltd. was considering a bid for Mylan NV, which two weeks ago submitted an unsolicited offer to buy Perrigo.

Walker-based retailer Meijer Inc. has rolled out “Curbside,” a grocery pickup program it previously operated but canceled in 2013 due to store remodels.

Consumers Energy announced today that it had surpassed its goal of spending $1 billion with Michigan companies over the last four years. The utility company connected with nearly 400 other businesses on contracts through the Pure Michigan Business Connect (PMBC) program, according to a statement.

Student-focused housing planned for west side

Written by | Thursday, 16 April 2015 10:00 |

Rockford Construction announced that it closed on the final, needed parcel of land along West Fulton Street between Lexington and Seward streets in the vicinity of Grand Valley State University’s Pew Campus. The general contractor and developer plans to build “Fulton Place,” a 112-unit, three-building, mixed use development targeted at GVSU students, according to a statement.

LG Chem plans to double Holland workforce

Written by | Wednesday, 15 April 2015 14:44 |

Holland-based LG Chem Michigan Inc. announced today that it will host an all-day job fair on April 21. The manufacturer of electric vehicle batteries for automotive applications plans to double its workforce in 2015, according to a statement.

Family Christian to have new owners by early June

Written by | Wednesday, 15 April 2015 14:31 |

Attorneys for the Grand Rapids-based national retailer of Christian books and gifts, as well as attorneys for affiliates and various creditors were back in the Western District of Michigan Bankruptcy Court on Tuesday. Judge John T. Gregg allowed motions to go forward for the use of cash collateral and bidding procedures for a Section 363 sale of the company's assets.

The two this morning finalized a deal where Spectrum Health would take on ownership of the Hastings health system, which would become known as Spectrum Health Pennock. As part of the agreement, Spectrum Health committed $46 million in capital to Pennock and to maintain essential services in Hastings over the next decade.

Grand Rapids construction firm Orion Construction announced yesterday that it has completed the renovation of 210 Front Avenue on the city’s west side.

Southfield-based Chassix Holdings Inc. announced today that it has gained approval for $250 million in debtor-in-possession financing by the United States Bankruptcy Court for the Southern District of New York, according to a statement.

Kalamazoo College President Eileen B. Wilson-Oyelaran announced her retirement today, effective June 30, 2016.

The Grand Rapids Downtown Development Authority this morning approved three grants to support Rockford Construction’s estimated $3.5 renovation of 89 Ionia Ave. NW.

A Bennington, Vt.-based defense contractor plans to relocate its headquarters and operations to West Michigan.

Mylan makes $28.9 billion bid for Perrigo

Written by | Wednesday, 08 April 2015 12:40 |

A British pharmaceutical maker wants to buy Perrigo Co. plc in a cash-and-stock deal worth as much as $30 billion.

Fenton-based Burgaflex North America Inc., a portfolio company of Grand Rapids-based private equity firm Blackford Capital, announced today that it has completed its first international acquisition.

Catherine’s Health Center in Grand Rapids was among three community health centers in Michigan and 55 across the U.S. to share $5 million in grants from the CVS Foundation.

The parent company of Sturgis Bank & Trust Co. paid $3.3 million in cash for West Michigan Savings, which has a single office in Bangor. The purchase price could still change if the cost of funding and terminating West Michigan Savings Bank’s pension plan exceeds a specified amount.

The Pokagon Band of Potawatomi Indians is continuing its economic development strategy of slow and steady private investment in growing industries.

LINC Community Revitalization Inc., a Grand Rapids-based community nonprofit developer, announced a new affordable housing project in the city.

The momentum in the Michigan economy helped propel a monthly index from Comerica Bank higher for the third consecutive month.

Executive Air Transport Inc. of Muskegon recently concluded a six-year leadership transition to new ownership. Terry Boer, an executive who served as the vice president of the company, has acquired the company, according to a statement. The deal officially closed on April 1.

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