News

BIA policy roundtables begin

The first in a series of Business and Industry Association policy development roundtables begins today, with sessions planned in Keene and Peterborough. The roundtables are designed to allow businesspeople and others in different parts of the state list their challenges…

Director’s departure hits iCAD

Nashua-based iCAD has notified the Nasdaq stock exchange that it currently does not meet certain of its requirements after one of its directors left the company. George Farley, a director for the Nashua maker of computer-aided cancer detection systems since…

Anagnost wins Manchester chamber award

Dick Anagnost. president of real estate firm Anagnost Investments, has been named the winner of the Greater Manchester Chamber of Commerce Small Business Person of the Year Award. Anagnost will be presented with his award at the chamber’s Small Business…

Micronetics buys microwave firm

Hudson-based Micronetics has acquired MICA Microwave in a deal valued at $5 million. Micronetics said it will use $3 million of the proceeds from its new term loan to finance the cash portion of the acquisition. Manteca, Calif.-based MICA offers…

House OKs coverage for divorced spouses

With most of the attention focused on Wednesday’s legislative debate over education - whether it be amending the Constitution or raising the dropout age - lawmakers quietly pushed forward other legislation with an impact on business. Perhaps the biggest changes…

Chittenden Corp. to buy Wolfeboro bank

Vermont-based Chittenden Corporation’s announced $124 million acquisition of Community Bank & Trust in Wolfeboro will solidify the position of Chittenden subsidiary Ocean National Bank as the fifth-largest bank in New Hampshire. The merger also would mean the loss of one…

Outback, Carrabba’s chains sold

Outback Steakhouse, Carrabba’s Italian Grill and other restaurant brands owned by OSI Restaurant Partners are being sold to a private investment group. OSI stockholders met Tuesday and voted to accept a $3.2 billion offer from Bain Capital Partners LLC and…

Enterasys retrial set for July 10

The securities fraud trial of Jerry Shanahan, former chief operating officer of Enterasys Networks, has been moved to July 10 - a date set after Shanahan’s attorney asked the court to dismiss the case, charging his client’s right to a…

Mangosoft losses mount

The recent sale of more than 2 million shares of common stock and an additional bridge loan have left business software company Mangosoft with $914,000 in total assets following the close of the first quarter of 2007. The Nashua-based firm’s…