After signing a deal with T-Mobile, Virginia-based nTelos is shutting down its local operations. And the closures will put several prime storefronts back on the market.
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.
Shareholders sign off on $275M merger
The massive merger of two Virginia banks cleared another hurdle on Wednesday with votes of approval from shareholders on both sides.
Trading Day: Local SEC filings for Dec. 4, 2014
A local armored car giant is making big changes in an effort to cut between $10 million and $15 million in expenses next year. And local bank insiders continue to their buying streak.
Bon Secours signs on to Short Pump project
Bon Secours will anchor an upcoming Atack Properties Short Pump development with a new medical complex on 21 acres.
Baby stroller brand sells for $210M
The Henrico-based baby goods brand will be brought up under a new parent company pending a deal with consumer goods giant Newell Rubbermaid.
Developer offers up $2.6M in shares of family business
The namesake of a local real estate firm is unloading a large chunk of his shares in the family company. This is the second such sale for Hank Wilton, who sold off some 3,000 shares last year after filing for bankruptcy.
Trading Day: Local SEC filings for Nov. 28, 2014
A light week of filings with a few local insiders buying and selling. And a local bank’s newest executive is awarded shares following an acquisition.
Work begins at bank's first local branch
A Chesapeake bank is building up its presence in Richmond and has started converting a Patterson Avenue office space into a new branch.
DealFlow: Investment banking roundup for Nov. 26, 2014
Plenty of deals for local firms to be thankful for, including hundreds of millions of dollars in closings from Harris Williams and BB&T Capital Markets. And a local investment banking firm expands into a new industry line and adds a new managing director to lead the charge.
BizSense welcomes new reporter
Meet the newest BizSense reporter, Katie Demeria, who will be covering healthcare, education, real estate and more.