Nexstar Broadcasting Group has come out on top in the struggle with Meredith Corp. over downtown-based Media General, which is now set to be acquired in a $4.6 billion cash-and-stock deal.
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Ledbury launching in Georgetown
The men’s clothing brand is making its first big move outside of the Richmond market and is planning to open a store in Washington, D.C., next month.
Carytown donut shop shutting down
Carytown’s Dixie Donuts will shut down on Valentine’s Day after lagging sales, leaving its owner to focus on her other restaurant downtown.
Investment firm kicks off $350M fund
Shortly after capping a $350 million fund, a downtown investment company focused on small businesses is launching another.
Bar owners take shot at changing ’45 percent rule’
A group of bar and restaurant owners are putting their weight behind a newly introduced state bill that would lower the requirements for food and nonalcoholic drink sales for establishments that sell liquor.
Investment startup caps first fund at $10M
The founders of a local financial firm have launched a new real estate-focused spin-off and disbursed their first $10 million into properties and projects around the countries.
With new talent, ad firm broadens its expertise
As it works to bring more graphic design work in-house, ad firm ND&P brought on two new employees last year, including a former Showtime employee.
Richmonder turns eyes to the world’s tallest peaks
In the first installment of BizSense’s new “Downtime” feature series, meet Jeff Reynolds. He has climbed Everest, along with the tallest peaks on every other continent – except Antarctica. The DEQ enforcement head is building up to tackle the icy climb up Mount Vinson this fall, planting his boots on the last of the world’s seven summits.
$8M deal caps busy year for real estate firm
Boosting its 2015 acquisition total to $130 million, a real estate firm purchased a Manchester apartment complex on Dec. 31 and is moving its headquarters from Innsbrook to the Bottom.
Fast Japanese, pizza eateries open their doors
A pizzeria opened its doors in the downtown Berry Burk building last week, and VCU-area diners have a new food option in a Japanese fast-casual restaurant.