Under the agreement, Stifel would issue 2.5 million shares of common stock at $36 per share. The amount is based on Ryan BeckÂs net book value of approximately $91.1 million, as of
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Money
National Investment Managers Completes BDI Deal
BDI administers roughly 200 retirement plans as well as approximately 100 Section 125 (cafeteria style) plans. The retirement plan assets are valued at approximately $200 million. This brings the total number of plans administered by NIM to approximately 7,300
Read More »Ma Bell Inches Back
Biz Briefs
Read More »MT Takes the Plunge
Biz Briefs
Read More »Marcal Paper Gets Court Approval for Loan Commitment
Things are looking up for Elmwood Park-based Marcal Paper Mills, which filed for bankruptcy protection in NewarkÂs federal court in November. The household paper-products maker has received a court-approved loan commitment for $84.5 million from
Read More »Senesco, ArborGen
Central Jersey
Read More »MassMutual to Offer Free Life Insurance in Lakewood Area
Massachusetts Mutual Life Insurance is planning to offer free $50,000, 10-year term life insurance policies to working parents in
Read More »Ness Technologies Sells Ownership in dbMotion
HackensackÂs Ness Technologies, a provider of IT services and solutions, sold its ownership interest in dbMotion in Eatonton, Ga., for $6 million to other shareholders in that company
Read More »Millennium Cell Acquires Gecko Energy Technologies
Millennium Cell in Eatontown, a developer of hydrogen battery technology, acquired the remaining outstanding shares of Gecko Energy Technologies. The deal was facilitated by
Read More »AmeriCredit Completes Purchase of Paramus Company
AmeriCredit, the Texas-based auto-finance company, today announced that it has completed its acquisition of Long Beach Acceptance (LBAC) through its subsidiary AmeriCredit Financial Services. Paramus-based LBAC
Read More »New Insurer Enters The Garden State
Biz Briefs
Read More »New Insurance Will Be Gone With the Wind
Allstate to stop writing homeowner policies next month
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