Author Archives: tfitzpatrick

Has technology changed the M&A process?

Business sellers and buyers have an easier time finding each other thanks to technology’s role in merger and acquisition digital deal-making. From online “data rooms” where documents are uploaded, read and electronically signed to wire transfer settlements, fund transfers and database prospecting matchmakers geared to coupling sellers with buyers, the digital realm saves time, resources and money. “(The internet is) ...

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Mack Trucks results cycle down

Mack Trucks’ fourth quarter and full year 2019 results should be no surprise to anyone who follows the business news. First, there was a 12-day strike in October. More recently, layoffs and down weeks for production were announced.

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China’s virus outbreak weights on global business

Global business is catching a chill from China's virus outbreak. Mink breeders in Denmark called off a fur auction because Chinese buyers can’t attend due to travel curbs imposed to contain the disease. Airlines have canceled 25,000 flights to and within China after ticket sales collapsed, according to travel data provider OAG. General Motors Co. and other automakers are telling employees to limit travel to China, their biggest market.

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Developers abandon plans for controversial sewage sludge plant in Slate Belt

Synagro Technologies Inc. and Waste Management representatives have announced that they will no longer pursue building the proposed Slate Belt Heat Recovery Center. The plan was to build a plant that would convert sewage sludge into Class A biosolids that can be used as fertilizer or fuel. The drying process would have used heat generated by the Green Knight Economic Development Corp. energy plant at the landfill, which is owned by Waste Management.

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