An outgoing executive lands a sweet parting deal. A local director cashes out options at a nice premium. And a bank director sells off some of his stake.
Trading Day: Local SEC filings for 6.27.13
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.
Shamin expands its empire by 237 rooms
One of Richmond’s largest hotel owners is adding another property to its collection.
Sports facility raises a toast to new bar
A local sports complex now has more room for post-game celebrations.
4,500-acre trophy property up for auction
The upcoming auction of a massive James River plantation isn’t for the faint of heart – or for the light of wallet.
Capital One announces Richmond layoffs
Richmond’s largest employer is getting a bit smaller.
Central Virginia Bank gets a second star
While waiting to be acquired, the local bank took a step up in a first-quarter rating of all federally insured financial institutions.
Trading Day: Local SEC filings for 6.20.13
A busy week for big-dollar stock options. And a local director leaves his post.
Sugar rush puts doughnut startup on hiatus
Overwhelmed by a mass sugar rush in its opening week, a startup doughnut shop has some holes to fill.
The R&D Dept.: Local patents for 6.19.13
Patents this week include a method for tracking waste from collection to recycling. Plus patents for Phillip Morris, Afton Chemical and more.
$45 million down, $5 million to go
A local bank is feeling flush after closing a major capital raise.