Banking / Finance / M&A

U.S. Bank and First-Ring Industrial Redevelopment Enterprise Inc. announced today that they have closed on nearly $2 million in financing for the 100-room Hampton Inn and Suites hotel project at 8201 W. Greenfield Ave. in West Allis near Wisconsin State Fair Park.
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Milwaukee-based The Marcus Corp. today reported fiscal 2015 second quarter net earnings of $5.4 million, or 19 cents per share, up from $3.5 million, or 12 cents per share, in the second quarter of 2014.
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Donna Smith, executive vice president and head of corporate banking at Associated Banc-Corp, has announced she will retire on June 1, 2015.
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Milwaukee-based Actuant Corp. today reported fiscal 2015 first quarter net earnings of $24.7 million, or 38 cents per share, down from $36.0 million, or 48 cents per share, in the first quarter of 2014.
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Milwaukee-based Joy Global Inc. today reported fourth quarter net income of $136.9 million, or $1.38 per share, up from $26.8 million, or 25 cents per share, in the fourth quarter of 2013.
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Mount Kisco, New York-based private equity firm Kohlberg & Co. LLC has agreed to acquire Pleasant Prairie-based PPC Industries Inc.
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Milwaukee-based Lammi Sports Management announced today it has purchased all of the assets of the Wisconsin Athletic Hall of Fame.
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The biggest obstacle facing employees as they prepare for retirement is not being able to save enough, according to a new survey from Brookfield-based Francis Investment Counsel LLC.
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The Federal Communications Commission has approved the merger of The E.W. Scripps Co. and Journal Communications and authorized the transfer of control of Milwaukee-based Journal’s television and radio station licenses to Cincinnati-based Scripps.
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St. Paul, Minn.-based Patterson Companies Inc. has agreed to acquire Waukesha-based Holt Dental Supply Inc.
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