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Wall Street Journal: Danish Container Ship Company Maersk Acquires Glen Mill’s Pilot Freight for $1.6B
Pilot Freight Services in Glen Mills has been acquired by Danish container-ship company A.P. Moller-Maersk A/S for $1.68 billion, part of Maersk’s attempt to control every link in the supply chain, writes Paul Berger for the Wall Street Journal. Maersk has upped its acquisitions in the U.S. as it goes after a larger cut of…
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Coastal-Inspired Home and Lifestyle Brand Serena & Lily Arrives in Haverford
Serena & Lily, the California-based coastal-inspired home and lifestyle brand, opened its first Philadelphia-area location in Haverford over the weekend, writes Laura Brzyski for the Philadelphia Magazine. The Main Line shop has two levels of indoor space and an 800-square-foot enclosed patio, all of which showcase the brand’s signature style. Its furniture, bedding, rugs, wallpaper,…
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Plymouth Meeting Mall and Willow Grove Mall’s PREIT Announces Core Mall Sales of Over $600 Per Square Foot
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Plymouth Meeting Mall and Willow Grove Mall, closed 2021 on a high note with core mall rolling 12-month sales traversing the $600 per square foot milestone at $603. PREIT properties emerged as winners for the last year thanks to new anchors and a strong mix of…
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Blue Bell-based QualTek Aims to Get Piece of 5G-fueled Largest Telecom Infrastructure Build
QualTek, a Blue Bell infrastructure company led by CEO Scott Hisey, aims to get a piece of the 5G-driven largest telecom infrastructure build in history, writes Bob Fernandez for The Philadelphia Inquirer. The 2,000-employee company traded on NASDAQ for the first time earlier this week when it merged with a special purpose acquisition company. SPACs…
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Dialyze Direct Signs Letter of Intent to Buy Bryn Mawr-based Compass Home Dialysis
Dialyze Direct, a national provider of kidney care services at long-term care facilities, has signed a letter of intent to buy Bryn Mawr-based Compass Home Dialysis, writes John George for the Philadelphia Business Journal. Compass provides on-site dialysis services at nine skilled nursing facilities in the Philadelphia region and operates an outpatient dialysis clinic. The…
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Montco’s John Accardi Sees Sweet Success with Tasty CRAVEBOX in North Wales
In 2014, John Accardi started CRAVEBOX. He was 24 years old at the time and dropped out of a Ph.D. program at Georgetown University to start the company. He says he was very excited but also nervous to make this transition. He had no prior experience in business or e-commerce. He also didn’t take a loan or raise…
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New York Times: COVID-19 Cases in Montgomery County Drop from Extremely High to Very High Level
The number of COVID-19 cases in Montgomery County has continued to decrease, and is now very high, according to The New York Times. Last week, there was an average of 149 new daily cases reported in the county, which is a 67 percent decrease compared to the two weeks prior. Since the start of the…
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Malvern Bank House of the Week: Beautiful Colonial with Abundant Character in Wynnewood
A beautiful colonial home on 0.34 acres with six bedrooms and four full and two half bathrooms is available for sale in Wynnewood. The structural integrity and architectural design of this residence have been carefully cared for and preserved by the current owners for the past half-century. . The home welcomes you with an accommodating…
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Lower Merion Fox 29 Anchor Ready to Take Her Battle with Facebook to Supreme Court
Fox 29 anchor Karen Hepp, a Lower Merion resident, is not backing down from her fight with Facebook over advertisements over dating sites that used her image without permission, writes Victor Fiorillo for Philadelphia Magazine. Hepp first found out about the ads from her coworkers. “Everybody at work knew about it,” said Hepp. “Usually, the…
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Blue Bell-based Anexinet Continues Acquisition Spree with Veristor Systems, Already Eying Future Deals
Blue Bell-based Anexinet is continuing its acquisition spree with Atlanta-based Veristor Systems, further expanding its position in the Southeast, writes Kennedy Rose for the Philadelphia Business Journal. The financial terms of the deal were kept confidential. The two companies will keep their names while they decide on how they plan to move forward with branding,…
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Valley Forge National Historical Park Dedicates Completion of Renovated Visitor Center
Valley Forge National Historical Park has dedicated its newly renovated visitor center with the opening of its museum exhibition in the center on February 16, 2021. The park held an outdoor ribbon-cutting ceremony with park leadership, partners, and local elected officials to celebrate this momentous occasion. The public is invited to the new visitor center,…
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‘A Model to Make Them More Than Hospitals’: Canyon Atlantic Has Prescription to Revive Our Closed Hospitals
If the sale of Jennersville and Brandywine hospitals goes through, Canyon Atlantic Partners has ambitious plans for Chester County’s two shuttered medical centers, writes John George for the Philadelphia Business Journal. Earlier this week, a court ruling reinstated the hospital-turnaround company’s agreement to buy the two hospitals from Tower Health. “I can tell you Canyon…
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Hatfield Man Invented ‘Bread Drop’ To Make Sure Those in Need Receive Food During Pandemic
When many of the pantries and soup kitchens in the area shut down due to the pandemic, Lou Farrell, of Hatfield, devised a plan on how to ensure those in need received much-needed food, according to a staff report from WHYY. “People didn’t know how to keep their staff safe, how to distribute food,” said…
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Montgomery County Community College Board of Trustees Elects New Officers, Including First Latina as Chair
For the first time in its history, Montgomery County Community College’s 15-member Board of Trustees will be led by a Latina chair. During a public meeting on Jan. 24, the trustees elected the officers for the 2022 calendar year with Varsovia Fernandez of Lower Merion Township as the chair, Lisa B. Binder of Whitpain Township…
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Huntingdon Valley Native Continues to Subvert Expectations, Starts as Center for Houston Texans
Huntingdon Valley native Jimmy Morrissey is continuing to subvert expectations: he went from a college walk-on to starting four games as center for Houston Texans this season, writes Joseph Santoliquito for the Philly Voice. When he was leaving La Salle College High School, the 6-foot-3, 300-pound player was under-recruited and deemed undersized. He went on…


















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