Riverstone Networks -- in the midst of closing a $207 million bankruptcy sale to Lucent Technologies - has asked that stockholders pay more than $2 million to continue a backup liability insurance policy during the transition. The $2.3 million “tail…
You won’t be able to dispose of your used video display terminal in a landfill after July 2007, if Governor Lynch signs House Bill 1455, which the Senate passed last week without debate. Each VDT contains about eight or more…
Verizon Communications has applied for a special use permit from the Forest Service to construct a fiberoptic cable link from Jackson to Gorham through Pinkham Notch. The federal OK is required because most of the planned 23-mile route falls within…
Salem-based StockerYale paid CEO Mark Blodgett a compensation package valued at nearly $485,000 last year, according to the company’s annual proxy statement filed with the Securities and Exchange Commission at the end of last week. Blodgett’s $340,000 salary remains the…
Sturm, Ruger & Company Inc. has announced that its delayed annual report filing is under review and is awaiting completion of an audit of restated finandial statements by KPMG LLP, the firm’s former auditor. The company did not timely file…
Atrium Medical Corporation, a Hudson-based manufacturer of medical devices, has been granted Food and Drug Administration approval of its bio-absorbable coated mesh, called C-QUR Mesh. The polypropylene surgical mesh is coated with proprietary pharmaceutical-grade Omega 3 fatty acids, and is…
A private investment firm agreed April 7 to buy most of the assets of bankrupt Foss Manufacturing, which could keep the Hampton-based fabric manufacturer open with its current employees. But it also sets the stage for a legal effort -…
Just in time for the coming warmer months, the HP Hood dairy company has kicked off an ice cream promotion celebrating New England in partnership with the tourism boards of every state in the region — except New Hampshire. With…
Keene-based C&S Wholesale Grocers has been sued by a group of warehouse employees who charge that they have been cheated out of millions of dollars a week in wages. Four C&S employees have filed a nationwide class action suit in…
Talbots announced Wednesday that the waiting period under federal antitrust law governing its proposed purchase of women’s retailer J Jill Group has expired and the deal is likely to close in early May. The $517 million deal, scheduled to go…
