Mortgage Blog
Smucker wraps up its acquisition of Hostess
The J.M. Smucker Co. announced the completion of its $5.6 billion acquisition of Hostess Brands, the icing on the cake of a decade-long turnaround for the sweet baked goods company.
Hostess (Nasdaq: TWNK) and Ohio-based Smucker (NYSE: SJM) announced their plans to merge in September, sending Twinkies, Ding Dongs, HoHos and Zingers — as well as 3,000 employees (541 FTEs locally) — to a new owner. The deal includes the assumption of about $900 million in net debt.
In addition to the brands and…
Minnesota launches $10M low-interest loan program for small businesses
Minnesota Gov. Tim Walz on Tuesday unveiled a new $10 million program to offer low-interest loans to small businesses, part of an effort to expand entrepreneurs' access to capital amid rising interest rates.
Randolph Health, Cone Health look to cash in on Randolph County’s projected growth – even if it means competition
Economic development wins like Toyota, Wolfspeed and VinFast promise to bring thousands of employees into the Randolph County area by the end of the decade. Who's going to provide care for all those people? Cone Health is looking to get in on the action with a new $72 million facility while Randolph Health is rebounding after years of financial difficulties.
Kentucky Association of Health Care Facilities names new chairman
The trade association represents nursing facilities and personal care homes across Kentucky.
Ohio voters pass amendment for abortion rights, approve recreational marijuana
Ohio voters on Tuesday passed a measure to protect access to abortion in the state and legalize recreational marijuana use.
Naomi Watts objects to proposed payout in Amyris bankruptcy case
Naomi Watts, the Hollywood A-list actress and beauty brand executive, is scheduled to receive nothing for her work with synthetic biology company and consumer products retailer Amyris Inc., according to the Emeryville company's proposed Bankruptcy Court payouts.
On Tuesday, Watts formally objected, saying a 2022 consulting contract she signed with Amyris to become chief creative officer should pay her $269,999.
Nominated for Academy Awards for best actress for her roles in the 2003 movie “21 Grams”…
Mass General Brigham, Best Buy form collaboration on healthcare at home
Mass General Brigham will implement Best Buy Health's technology into its Healthcare at Home program, which will continue to expand.
Bucking a trend, more bank branches opened than closed in October in Mass.
In October, more bank branches opened than closed in Massachusetts, bucking the trend of large waves of branch closures in the Bay State.
M&T Bank’s new chief human resources officer David Hollis shares strategy
David Hollis' experience in human resources spans multiple industries, and he's bringing them all to M&T Bank as the new chief human resources officer.
Janney agrees to acquire Atlanta investment bank, eyes more deals
Janney Montgomery Scott's planned acquisition of the middle market investment banking firm builds on several deals over the last few years — and executives are on the pursuit of more.