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Companies and Corporations

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Top Companies and Corporations Articles

Displaying items 73-84
  • Bidders battle over 1st Mariner Bank

    Bidders battle over 1st Mariner Bank
    An all-out battle over Baltimore's last major independent bank broke out Monday in federal bankruptcy court, leaving a judge to decide — potentially later this week — whether the institution is sold to an investment group with local ties or to...
  • Group with local ties wins battle to buy 1st Mariner

    Group with local ties wins battle to buy 1st Mariner
    In a surprising reversal, last week's losing bidder for 1st Mariner Bank got approval Tuesday to buy it — preserving the city's largest independent bank as a Baltimore-based institution. The group of investors, a mix of locals and out-of-state...
  • Columbia Election Candidate: Jeanne Ketley

    Columbia Election Candidate: Jeanne Ketley
    This is one in a series of submitted candidate profiles for the Columbia Association Elections.  The Columbia Association will hold elections on Saturday, April 26. During the elections, Columbia residents who pay the Columbia Association assessed fee...
  • BGE's new CEO settles in after a demanding few years

    BGE's new CEO settles in after a demanding few years
    Calvin G. Butler Jr. came to Baltimore nearly three years ago with one foot here and the other in Chicago, flying west on weekends to his wife and two teenagers. Now he's firmly in this region. His family moved to Cockeysville last summer. He's on two...
  • A merger of necessity [Commentary]

    A merger of necessity [Commentary]
    The proposed merger between Comcast and Time Warner highlights the vast gap between the imagined world the broadband industry's critics and the real world in which these companies must compete. For years, the critics have advocated forcing companies...
  • KPMG buys Baltimore software company Cynergy Systems

    KPMG buys Baltimore software company Cynergy Systems
    Tax giant KPMG LLP has acquired Cynergy Systems Inc., a Baltimore-based company that builds and designs software and mobile applications, for an undisclosed sum. Through the acquisition, KPMG sought to add more services for companies looking to use...
  • Albertsons, Safeway grocery chains to merge

    Albertsons, Safeway grocery chains to merge
    The days of the conventional supermarket are numbered. Safeway Inc.'s announcement Thursday that private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion is the latest sign from the troubled grocery...
  • Baltimore-based rug designer has grown to top importer from Nepal

    Baltimore-based rug designer has grown to top importer from Nepal
    Steve Cibor loaded his Ford Explorer with a few samples of Tibetan rugs and drove for days along the East Coast in 1994, trying to persuade retailers to sell the expensive hand-woven pieces. "Nobody bought it — but they gave me ideas," Cibor said....
  • Justice department targeting price-fixing conspiracy on port automobile shipments

    Justice department targeting price-fixing conspiracy on port automobile shipments
    The U.S. Department of Justice has identified and begun targeting a broad conspiracy to fix prices on automobile shipments in and out of Baltimore and other U.S. ports, with a Chilean company recently pleading guilty to violating federal antitrust laws in...
  • Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion

    Jos. Bank to be acquired by Men's Wearhouse for $1.8 billion
    Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday. The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
  • Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse

    Jos. Bank chairman to get up to $5.8 million payout in sale to Men's Wearhouse
    The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal. Bank Chairman Robert N. Wildrick will be paid $3.5 million under a two-year noncompete...
  • Jos. A. Bank and Men's Wearhouse to retain identities in business marriage

    Jos. A. Bank and Men's Wearhouse to retain identities in business marriage
    They both sell suits to the American middle class, but in consumers' minds, Jos. A. Bank Clothiers and the Men's Wearhouse occupy distinctive niches. Bank's image is classic, Men's Wearhouse is trendier. Though both are known for a promotional sales...