The local M&A market is closing out the year with a bang. Three local companies have announced their acquisitions, including one deal this week valued at $850 million.
Michael Schwartz
Trading Day: Local SEC filings for Dec. 11, 2014
A West Coast investment firm is trying to lure shareholders of a Richmond REIT. A local banker cashes out some options, and an insurance executive sells off some shares.
Double hotel opens downtown
A $36 million dual hotel developed by locally based Apple Hospitality REIT opened in Shockoe Slip this week.
Wireless provider powers down local stores
After signing a deal with T-Mobile, Virginia-based nTelos is shutting down its local operations. And the closures will put several prime storefronts back on the market.
Shareholders sign off on $275M merger
The massive merger of two Virginia banks cleared another hurdle on Wednesday with votes of approval from shareholders on both sides.
Trading Day: Local SEC filings for Dec. 4, 2014
A local armored car giant is making big changes in an effort to cut between $10 million and $15 million in expenses next year. And local bank insiders continue to their buying streak.
Bon Secours signs on to Short Pump project
Bon Secours will anchor an upcoming Atack Properties Short Pump development with a new medical complex on 21 acres.
Baby stroller brand sells for $210M
The Henrico-based baby goods brand will be brought up under a new parent company pending a deal with consumer goods giant Newell Rubbermaid.
Developer offers up $2.6M in shares of family business
The namesake of a local real estate firm is unloading a large chunk of his shares in the family company. This is the second such sale for Hank Wilton, who sold off some 3,000 shares last year after filing for bankruptcy.
Trading Day: Local SEC filings for Nov. 28, 2014
A light week of filings with a few local insiders buying and selling. And a local bank’s newest executive is awarded shares following an acquisition.