Patrick Kennedy

The board on Wednesday officially rejected the latest offer from MNC Capital and recommends shareholders approve the CSG deal before an expiration date.

The company has 2,700 fewer employees now, and also fewer businesses.

Interest in golf surged during the pandemic but hasn't retreated from the gains like other outdoor sports have, which is good for the golf industry, including Toro and local courses.

Anoka-based Vista Outdoor said Tuesday it would reschedule Friday's shareholder meeting on the sale of its ammunition business to a Czech company after getting another bid from MNC.

Golf's popularity continues to grow, which has helped the Bloomington-based business offset fewer sales from homeowners and lawn care dealers.

Patterson's first-quarter sales and earnings missed expectations as it adjusted to the cybersecurity effects on its dental clinic customers.

The Minnetonka-based company has made 14 acquisition deals from Texas and New Mexico to Utah and Ohio.

Chairman and CEO Jeff Harmening earned a smaller bonus and gained less from long-term equity awards as pay declined 25% from a year ago.

The London-based company run out of St. Louis Park makes electronic components for data centers, which has fueled an expansion of its Anoka factory.

A new growth initiative means a structural reorganization for the St. Paul-based company.

The London-based company run from St. Louis Park is selling its thermal management unit to Brookfield Asset Management.

Polaris' sales are down, and the Medina-based company is slowing the number of vehicles sent to dealerships through the end of the year.

The company announced plans to explore all options for its outdoor product company, Revelyst.

Gates Capital wants Vista to change the date of record so new shareholders can vote on the CSG Group deal.

In the second quarter, the contractor division grew revenue 5% while overall sales were slightly down.

While scrutiny of CEO pay has grown, attention hasn't been the same on directors' pay.

Two CEOs earned more than $50 million, and 13 over $10 million.

Charles Kummeth at Bio-Techne and James Cracchiolo each realized more than $50 million, but 19 local CEOs saw compensation decrease.

War of words between rival suitor MNC and Vista also escalates ahead of shareholder meeting on Tuesday.

The Anoka-based company's board unanimously recommends a revised $2.1 billion offer from Prague-based CSG.

The Minneapolis-based financial services firm recently received FDIC approval for the bank, which will merge with the existing Thrivent credit union.

Arun Rajan, formerly chief operating officer, talks about why his title changed to chief strategy and innovation officer, and his focus now.

MNC Capital's unsolicited bid of $3.2 billion for the entire company came after a key regulatory approval of Vista's deal to sell its ammunition business to a Czech company.

The $2 billion sale to a Czech company cleared the CFIUS review a week before a shareholder vote. A rival group quickly raised its bid.

Vista, CSG Group say they remain confident in deal as they approach key shareholder vote next week.

After years of development and testing Toro will bring two autonomous lawn mowers to market by the end of the year that are signature products of their long-term strategy.

The latest move in the drama surrounding Vista Outdoor's future seems to be a conflict of interest with another bidder, MNC Capital.

The Vista board rejected MNC Capital's latest offer.

MNC Capital raised its bid to $39.50 a share for all of Vista Outdoor, a week after its previous bid was rejected.

The London-based company, which has offices in St. Louis Park, is spending $695 million to acquire Trachte LLC.

This year, 38 of the top 50 Minnesota-run companies had $1 billion or more in revenue.

Fewer CEOs are mentioning inflation, but when they do, they talk about how their companies are countering it.

In 2020 and 2021 Minnesota was adding more public companies than it lost but that turned out to be a short-term trend

Although 3M cut its dividend this spring for the first time in 64 years, the list added Fastenal this year, keeping Minnesota companies front and center for the distinction.

Vista Outdoor says Prague-based CSG raised its offer by $50 million, to $1.96 billion, and that they formally rejected the revised bid of MNC Capital Partners.

From South America and Africa to Miami then stores and florists, logistical challenges are great.

The deal with Toronto-based Brookfield Asset Management should close by the end of the third quarter.

The company failed to meet financial goals, triggering lower payouts for executives.

Medline, an Illinois-based private company, bought the unit, which makes products such as operating room drapes.

The company's profits improved last year but Brian Cornell's realized pay dropped 47%.

The mattress industry has been in decline for more than a year.

A cybersecurity attack may cost UnitedHealth Group billions, but their CEO made $25 million before the attack.

Vista's board still prefers the deal with Prague-based Czechoslovak Group but urged MNC Capital to raise its offer.

Investors can pay as little as $50 a month to join Thrivent's popular asset allocation funds, which will now carry private equity investments.

Pressure being put on Treasury Secretary Janet Yellen and federal panel that must approve foreign investments in U.S. businesses.

The addition of Tampa-based Elevated Facility Services Group is APi's largest acquisition since its 2021 acquisition of the Chubb fire and security business.

Bob Frenzel's compensation is down because of stock awards and bonuses being lower than in 2022.

Black retired as CEO of SPS Commerce in October after 22 years leading the Minneapolis-based software company.

Polaris Industries is rebooting its most popular model. The success of the Indian Scout helped Polaris turn its first annual profit on motorcycles.

The company, which was founded in Minnesota, cut its workforce by more than half after exiting the health plan business.

Mike Roman is retiring May 1; new CEO Bill Brown's initial pay package is $19.1 million.

MNC Capital Partners, led by a former Vista Outdoor board member, ups its bid and looks to take Anoka company private.

More than half of Andrew Cecere's compensation in 2023 came from restricted stock awards that vested last year.

The retired CEO and civic leader died at 96 in late February.

Dallas-based MNC Capital offers $35 a share to acquire all of Vista, including its ammunition and outdoor products businesses.

Datasite is acquiring Sherpany, a provider software to manage board room meetings and communication.

Thomas H. Lee Partners owns 73% of Agiliti's shares and will buy the rest.

While there are aftermarket products that you can add to windows, these are the first mainstream products with the feature baked in.

Tennant is extending its existing partnership with the autonomous technology company Brain Corp. to develop and improve its autonomous floor cleaners.

In 2022 Polaris recalled 230,000 snowmobiles to fix a fuel tank issue; now the company says owners should take additional safety steps.

The company's Systems Land & Armaments business has filed for approval for a 167,000-square-foot complex.

CEO Christophe Beck says the company needs to continue a strong R&D pipeline to meet an operating margin goal of 20%.

Artificial intelligence and a huge database of shipping information used to further automate supply chains.

Ceridian has rebranded to match its most popular human resources software program.

Deluxe's latest plan to shift to small-business services from check printing involves more than $100 million in cost cuts.

The company says it must shift focus from revenue growth to profitable growth.

Profits fell 47% in the quarter and this year's landscape is already causing big challenges.

FordPro, a commercial vehicle division of Ford, will start by converting 1,000 Ecolab sales and service vehicles in California over the next 18 months.

Lithia Motors, one of the largest dealerships in the U.S., is taking over the nine dealerships in the Twin Cities area.

It was a down year in 2023 for mergers and acquisition, but Uponor's merger with a Swiss company was one of the bigger deals for a Minnesota employer.

Fastenal invested heavily on inventory in 2021 and 2022, but as supply chains stabilized in 2023, it was able to redirect extra cash to shareholders.

The maker of components for the powersports market is joining Patrick Industries, a leading supplier to the RV market.

Companies from Inspire and Sleep Number to Gem Health and Cryosa are addressing sleep conditions through technology.

Technology stocks were the leaders on the big national stock indexes but Minnesota's best performers were more diverse

A Florida-based investment firm that became a shareholder a year ago now offers "to assist in the process of growing the company."