News

Role of angel investors growing

The national angel investment market increased by some 3 percent during 2005, with more than $23 billion in total investments, according to the Center for Venture Research at the University of New Hampshire Whittemore School of Business and Economics. “A…

CTC Communications to buy Conversent

Some two months after merger between CTC Communications and Choice One Communications was completed, the local exchange carrier announced it will acquire Conversent Communications Inc. of Marlborough, Mass. Financial details of the deal were not provided, though the combined companies…

De Palma Group acquired by EFC Systems

Hudson-based payment transaction processors The De Palma Group has been acquired by EFC Systems of Nashville for an undisclosed about of cash and stock. The De Palma Group specializes in treasury and payment management solutions including ACH/electronic check, PIN-based debit…

Governor plans winter business aid forum

Gov. John Lynch is planning to hold an informational session in Lancaster tomorrow to discuss assistance available to businesses hurt by this year's mild winter. “I recognize that some New Hampshire small businesses are struggling because of this year's mild…

Bids stream in for bankrupt Foss

Several parties are interested in buying Foss Manufacturing and want to operate it as a going concern, Patrick J. O'Malley, trustee for the bankrupt Hampton company, revealed Thursday in Bankruptcy Court in Manchester. The amount the parties are offering is…

House backs insurance premium tax cut

The House voted 183-85 late Wednesday night to pass a bill giving property and casualty insurance companies a $40.2 million tax cut between fiscal years 2008 and 2012. Rep. Ben Parker, R-Londonderry, who chaired the subcommittee and that reviewed House…

Timberland concerned over European duty

Operating profits of The Timberland Company may be dramatically reduced by economic decisions made recently half a world away, according to company officials. The Stratham-based footwear and apparel company estimates the decision of the European Commission to impose provisional anti-dumping…