A second Richmond startup is banking on a new sport that puts soccer players inside huge inflatable bubbles.
Another startup pops up in the bubble business
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Golf club’s new owner lines up major upgrades
A Glen Allen golf club’s sales price far surpassed that of other recently sold courses, and its new owner is pouring an additional $2 million into renovations.
Trading Day: Local SEC filings for Jan. 29, 2015
It’s bonus season for local execs with companies dishing out six-figure payouts around town. Plus, a local bank director resigns and an outgoing Genworth exec signs a lucrative post-retirement pay package.
DealFlow: Investment banking roundup for Jan. 28, 2015
Another busy month of deals with closings from Marriott & Co., Matrix Capital Markets, BB&T, Harris Williams and more.
MeadWestvaco merger forms packaging colossus
The local Fortune 500’s deal, announced Monday, will form the second-largest packaging firm in the country with an estimated annual revenue of nearly $16 billion.
Insurance firm inks biggest deal yet
A deal-hungry local insurance brokerage has closed its first deal of 2015, absorbing the insurance arm of a West Virginia-based bank company.
Bank trims down TARP shares
A local bank is continuing to chip away at the shares it has still outstanding from the 2008 federal TARP program with a multimillion-dollar buyback announced this week.
Firm files $15M counterstrike over old case
Local financial firm Davenport & Co. is turning the tables on the attorneys that were involved in a legal battle between the firm and a Virginia county.
Law firm, Farm Bureau square off against $14M state fair suit
A downtown law firm and the owner of the Virginia State Fair have fired back at a $14 million lawsuit against them by a New Kent County company. They are pushing for a dismissal of the case that accuses them of unfairly manipulating the sale of the fair in 2012.
Trading Day: Local SEC filings for Jan. 15, 2015
One of Richmond’s biggest companies is planning a new publicly traded spin-off, a local coal company sells off the last of its mining operations and a CarMax insider cashes out a $1 million option.