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Deals and Moves Dec. 21
Water import partnership, office leasing appointment, movie theater acquisition.
Novartis buys Morris Plains drug manufacturing site in 43M deal
Dendreon Corp. today announced the sale of a 173,100-square-foot immunotherapy manufacturing facility to Novartis Pharmaceuticals Corp. for $43 million in cash.
Jobless rate dips slightly, but N.J. still sheds 8,100 jobs in November
While New Jersey's unemployment rate edged down 0.1 percentage point for the third consecutive month, to 9.6 percent, employment in the state dropped by 8,100 jobs in November, the New Jersey Department of Labor and Workforce Development reported today.
Online gaming bill slated for vote in Senate
The Garden State could move one step closer to expanding Atlantic City's casino industry into the virtual realm.
Investors agrees to 452M takeover of Roma
In an aggressive push to capture market share in central and southern New Jersey, Investors Bancorp Inc., in the Short Hills section of Millburn, has signed an agreement to acquire Robbinsville-based Roma Financial Corp. for $452 million in stock.
Deals and Moves Dec. 20
Development site purchase, home community acquisition, apartment complex sale.
Health charities group making push beyond N.J.
The New Jersey chapter of Community Health Charities, which raises money through workplace campaigns to support charities devoted to health issues like MS and diabetes, has expanded its reach to Pennsylvania and Delaware and changed its name to Community Health Charities Northeast.
Attorney urges Sandy victims to consider property assessment deadline
Hurricane Sandy caused billions in damage, and property owners — both businesses and homeowners — have until Jan. 10 to alert their municipal tax assessor if they want a reduced property assessment, which potentially could lower their property tax bills.
N.J. gets 22M federal bonus for enrolling kids in insurance program
New Jersey will receive more than $22 million in funding from Centers for Medicare and Medicaid Services as a reward for streamlining enrollment for low-income children eligible for the children’s health insurance program.
Knight Capital to be acquired by Chicago firm in 1.4B deal
Just a few months after a trading software glitch threatened its shutdown, Jersey City-based Knight Capital Group Inc. today announced it will be acquired by Chicago-based Getco Holding Co. LLC for $1.4 billion in cash and stock.
Deals and Moves Dec. 19
Multifamily sale, property portfolio financing, drug collaboration.
The test of time
