A bank is proceeding with its plan to raise up to $13 million and has taken another step toward a stock offering of 1 million shares.
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Chester industrial plant fetches $16M
A massive West Coast REIT closed on its purchase of a packaging facility in Chesterfield County last month for more than $16.6 million.
Local firm backs $100M Leesburg project
A local private equity firm is stepping outside the Richmond area to help get a stalled Northern Virginia development off the ground.
Trading Day: Local SEC filings for Jan. 8, 2015
A jam-packed list of filings after the holiday break: A local banker gets a big promotion, a downtown media company seals a major merger and a local real estate firm is buying three hotels on the West Coast.
Golf club tees off under new owner
A California-based golf company is stepping in to take control of a Glen Allen club, dissipating a long struggle between the course’s builder and former owner and its members.
Nasdaq scoops up local firm
A nearly 30-year-old Southside investment firm has been sold to the New York stock giant for $225 million.
Banks seal $275 million merger
After the official closure of a huge acquisition, a long-standing local bank has been absorbed and its CEO has stepped down from his post.
DealFlow: Local investment banking roundup for Dec. 31, 2014
Local investment banking firms finishing out the year with a bang, as more than a dozen deals are closed by Harris Williams, BB&T Capital Markets, Matrix Capital and more.
Editor’s picks: Our favorite BizSense stories of 2014
The quirky, the scandalous and interesting stories that stuck with us among the nearly 1,000 published this year include articles focused on beer, identity theft, heavy metal music and a $160 million development project.
2014: The year of the grocer
Richmond became a battleground for huge grocery chains this year, with Walmart, Kroger, Wegmans and more vying for the carts of local shoppers. And with a long list of projects in the works for next year, the shopping spree is set to continue in 2015.