New Jersey placed second, behind California, in a survey on states with the worst tax climate. The survey, called the CFO State Tax Survey and produced by Boston-based CFO Publishing, asked corporate tax officials for

SAI Global has agreed to acquire Compliance and Ethics Learning Solutions, which does business as Midi, for $45 million.

Midi, based in Princeton, creates digital and print materials concerning the ethics and regulatory compliance

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Around the State - North Jersey

Industry Report

Industry Report

Borrowing costs and a weak housing market take an increasing toll

Basking Ridge-based Avaya, through its wholly owned subsidiary Avaya International Enterprises, made a tender offer to acquire Cardiff, England-based Ubiquity Software for approximately $144 million. Ubiquity develops

First Montauk Financial, parent of broker-dealer First Montauk Securities in Red Bank, filed a lawsuit against Miami real estate entrepreneur Edward H. Okun and his affiliates for breach of a merger agreement. The suit was filed in New Jersey Superior Court of

Authentidate in Berkeley Heights, a provider of security software applications, plans to sell its document-management and systems-integration businesses for approximately $8.5 million to a group led by two members of the company’s senior

Under the agreement, Stifel would issue 2.5 million shares of common stock at $36 per share. The amount is based on Ryan Beck’s net book value of approximately $91.1 million, as of

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