Fri. Jul. 22, 2011 Mass. trade office has new director
Ken Brown has been appointed as the new executive director of the Massachusetts Office of International Trade and Investment, Secretary of Housing and Economic Development Greg Bialecki said today. Logan has best June ever
Nearly 2.7 million passengers traveled in and out of Logan International Airport in June, topping the all-time June high in 2007, the year that a record 28.1 million passed through the airport. Need the right wine for a locavore meal? How about a Shrewsbury merlot?
Production and sales are up at Massachusetts wineries, according to a state agency’s report. As a result, local wine lovers don’t need to roam far in their search for a perfect vin ordinaire. They can find one right here in the Bay State. Lowell hospital sold to for-profit group
The board of trustees at Saints Medical Center in Lowell has agreed to a $98 million acquisition by Steward Health Care LLC in a deal that immediately infuses cash and confidence into the financially ailing hospital. Acquia completes $15m Series D round
Acquia Inc. said it has completed a $15 million Series D financing round. Headquartered in Woburn, Acquia designs commercial products and services for users of Drupal, an open source Web content management system. BJ’s hands out golden parachutes
BJ’s Wholesale Club Inc. chief executive Laura Sen will receive nearly $15 million in compensation in a golden parachute arrangement if she is terminated by the private equity firms that are acquiring the Westborough chain, according to a securities filing today. Eric Beyer named CEO of Tufts Medical Center
Tufts Medical Center has tapped Eric J. Beyer, an insider who built up its doctors group over the past five years, to be chief executive of the 415-bed Boston hospital. Delay could kill merger, NStar says
In formal response to Patrick adminstration’s request for a lengthy review of rates before considering a proposed merger with Northeast Utiliites, NStar tells regulators there is “no legal justification” for such a delay . Borders going-out-of-business sale starts tomorrow
A Borders going-out-of-business sale is set to begin tomorrow at the bookstore chain’s 399 remaining locations, according to the joint venture managing the Borders liquidation. Steinway hires Allen & Co. to help evaluate strategic alternatives
Steinway Musical Instruments Inc., the Waltham-based manufacturer of musical instruments, today announced that Allen & Company LLC has been retained to help it evaluate strategic alternatives, including the previously announced possible sale of the company’s band instrument and online music divisions. Filene’s Basement parent asks Cushman & Wakefield for help in evaluating its future
Syms Corp., the New Jersey retail chain that bought Filene’s Basement two years ago, said it has hired Cushman & Wakefield to help Syms evaluate its strategic options, which could include selling Syms. | 
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