The model minor league baseball operation – everything from the front-office to the fan base, to the public/private collaboration – is about three hours away. Salem, for those of you who are not minor league baseball fanatics, is home to the Class A Avalanche. The team doesn’t have a great record or produce any more… Read more »
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LandAmerica to be sold
Updated 10:10 a.m.: LandAmerica, the struggling Glen-Allen-based title insurance company has agreed to sell itself to Fidelity National Financial in a stock deal valued at about $128.4 million.
Scramble when the chips are down
This cuts at Qimonda come on the heels of other local layoff in Richmond’s manufacturing sector. Economic development agencies will likely tweak their marketing pitch for the fall season.
Sell some peanuts and Cracker Jack
Editor’s Note: Every once in a while we like to lighten things up and look at the subplots, and the underpinnings of the working world. In this piece, reporter Alec Depcrynksi tags along with a vendor at a Richmond Braves game. We start at the Flamingo Joe’s base camp, the snow cone stand near the… Read more »
Private Equity startup about to seal first deal
Local startup Boxwood Partners is putting the finishing touches on its first deal as a private equity fund. Boxwood is acquiring an out-of-state internet wholesaler/distributor (name not revealed) that can perhaps best be described as an online version of Sam’s Club. That web-based business has millions of dollars in revenue and six employees, according to… Read more »