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Trading Day: Local SEC filings for 6.26.14

Trading Day: Local SEC filings for 6.26.14

Michael Schwartz June 26, 2014 0

Two local companies have nearly $300 million in acquisitions in the works. Plus a local Fortune 500 is in expansion mode. And a local bank gets some recognition on the stock market.

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Rick Sharp, former Circuit City CEO and CarMax founder, dead at 67

Rick Sharp, former Circuit City CEO and CarMax founder, dead at 67

Michael Schwartz June 26, 2014 0

“He didn’t know a Sony from an RCA, but I thought he was smart as hell,” said Alan Wurtzel, Sharp's predecessor as Circuit City CEO. “I was right, he’s brilliant.”

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Christian credit union seeks wider reach

Christian credit union seeks wider reach

Michael Schwartz June 24, 2014 0

A Richmond credit union with a religious niche has petitioned for a new designation that would give it more leeway to seek out customers at a faster rate.

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Timeshare firm looks to settle dispute from attorney’s estate

Timeshare firm looks to settle dispute from attorney’s estate

Michael Schwartz June 23, 2014 1

As it hovers in Chapter 11 bankruptcy protection, a local timeshare and resort development company is close to settling a longstanding legal dispute with the estate of a deceased Richmond attorney. And if approved,

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Trading Day: Local SEC filings for 6.19.14

Trading Day: Local SEC filings for 6.19.14

Michael Schwartz June 19, 2014 0

A busy week for local banks as one opens its newest branch and another clears one of the final hurdles in its latest acquisition. And a local tobacco company must pay a $57 million

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DealFlow: Investment banking/M&A roundup for 6.18.14

DealFlow: Investment banking/M&A roundup for 6.18.14

Michael Schwartz June 18, 2014 0

A local firm works a $1B deal. Transactions closed by Harris Williams, BB&T Capital Markets, Matrix Capital Markets and others. Plus local deals in banking, insurance and booze.

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Firm’s acquisition count hits double digits

Firm’s acquisition count hits double digits

Michael Schwartz June 12, 2014 0

Armed with another big pool of money from a New York private equity firm, a fast growing Richmond insurance brokerage firm last month closed its 10th acquisition in three years.

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Trading Day: Local SEC filings for 6.12.14

Trading Day: Local SEC filings for 6.12.14

Michael Schwartz June 12, 2014 0

A $15,000 a month consulting gig for the former president of a local Fortune 500. Two members of the Gottwald family increase their stake in a Richmond firm. And a Glen Allen bank fully

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Timeshare / resort firm files Chapter 11

Timeshare / resort firm files Chapter 11

Michael Schwartz June 11, 2014 2

A Richmond-based company which has developed a resort in the Bahamas, filed for bankruptcy earlier this week. It owes millions to several local organizations, and its total debts could add up to as much

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