Fri. Jul. 01, 2011 American Superconductor gets extension on $265m deal
American Superconductor Corp., a power technologies company headquartered in Devens, said it has been granted an extension of its sales agreement to buy a Finnish company. Tthe extension will give American Superconductor more time to line up additional financing for a previously announced $265 million deal. Harvard Bioscience buys assets from Swedish company
Harvard Bioscience Inc., a medical equipment maker based in Holliston, said it has bought a business unit from a Swedish company that will help to broaden its line of biological research products. Vt. company buys Mass. firm to boost business
A Vermont company that manufactures products for the auto and defense industries in Bennington has bought KaZaK, a Massachusetts design company. Papa Gino’s tests Groupon-style promotion
A Groupon style promotion helped bring roughly 13,000 new online customers to Papa Gino’s and sister chain D’Angelo Grilled Sandwiches, according to the company that helped organize the effort. Staples social entrepreneur contest is now underway
Office-supply giant Staples Inc. said it has launched its fifth annual Staples/Ashoka Youth Social Entrepreneur Competition, which encourages entrepreneurial young people between the ages of 12 to 24 to share how they are addressing social issues affecting their communities. Report: Area retail real estate market showing improvement
The retail real estate market in Eastern Massachusetts has taken “a turn on the road to recovery” after bottoming out in early 2010, according to a new report from KeyPoint Partners, a Burlington-based firm that offers commercial real estate services. Utility to buy power from First Wind project
First Wind of Boston said that a utility in the Pacific Northwest has agreed to buy power from a wind farm it is looking to build in Washington state. Fidelity: Married couples need to communicate better on retirement goals
Middle-age married couples need to improve their communications skills when it comes to planning their finances for retirement, according to a new study from Fidelity Investments. Mass. foreclosures fell again in May
Foreclosures in Massachusetts dropped sharply again last month, the Warren Group reported this morning. But the decline can more likely be traced to lenders slowing down the mortgage foreclosure process than an improving economy. Lotus Tissue Repair secures $26m
Lotus Tissue Repair Inc. said it has closed on closing of a $26 million Series A financing led by Third Rock Ventures, a venture capital firm with offices in Boston. Cambridge-based Lotus Tissue Repair is looking to use technology developed at USC to devise treatments for serious skin diseases. State approves tax breaks to 16 companies
A state economic development board approves $44 million in state and local tax breaks for 16 firms that promise to add or retain jobs in Massachusetts. | 
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