Temporary
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$67B CVS deal to buy Aetna may hinge on antitrust approach
CVS’ $67.5 billion takeover of Aetna will test the Trump administration’s approach to far-reaching corporate takeovers, just weeks after the U.S. government sued to block a major telecommunications merger, according to a story on www.chicagotribune.com [uam_ad id=”54865″] There are nearly two dozen CVS Pharmacy locations in Montgomery County. The health-care deal unveiled Sunday would create an industry…
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National Spotlight: Court may side with NJ in sports gambling case
The Supreme Court on Monday suggested it may side with New Jersey in its effort to make sports gambling legal, a case that could make betting on football, basketball and other sports widely available. [uam_ad id=”54865″] The justices heard New Jersey’s challenge to a federal law that bars states from authorizing gambling in most professional…
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Upper Gwynedd apartment complex sells for $62.5M
One of the nation’s leading private equity fund managers, Equus Capital Partners, Ltd., recently announced the sale of Madison Willowyck in suburban Philadelphia, PA. The 308-unit apartment community was sold to Gibbsboro, New Jersey-based Friedman Realty Group for $62,500,000. At the time of the sale, the community was 96 percent occupied. [uam_ad id=”54865″] “Investor demand was strong…
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Rohm & Haas Spring House facility gets state funding for redevelopment
Three area projects — one in Montgomery County and two in Chester County — have been approved for millions in state funding to support redevelopment efforts. The projects receiving funding through the Business in Our Sites, or BOS, program are the redevelopment of the former Rohm & Haas Spring House facility in Lower Gwynedd, the…
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Happy Thanksgiving to all our loyal readers!
Hoping you and your family and friends enjoy a terrific Thanksgiving Day. We’ll be on a shortened publishing cycle through the weekend, with just a couple of fresh stories this morning and Friday morning. Enjoy!
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German American Chamber of Commerce Gala Will Celebrate Innovation
Click here for more information on the GACC Philadelphia 18th Annual Gala on November 16th.
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The new Chamber of Commerce for Greater Montgomery County unveiled
The chamber’s 58th Annual Dinner, held on October 25 was the setting for the announcement of a new name for the largest business organization in Montgomery County. Board Chair, Dan Reavy, McMahon Associates, presented the State of the Chamber address, which concluded with, “effective tonight the Chamber will be known as The Chamber of Commerce…
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5 Wits, where escape room meets video game immersion
Using the slogan, “Your adventure awaits,” 5 Wits relies on computer-controlled special effects, themed rooms, and physical interaction to put participants in the center of the action, as if they’re in a movie or video game, writes Suzette Parmley for philly.com. Reflecting its name, a participant relies on five wits to get out of jams: common…
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Fortune Magazine names top 3 Women in Business
The third week of October, we carve pumpkins, we see leaves change colors, and, of course, we celebrate National Business Women’s Week (NBWW). In 1928, Emma Dot Partridge, then-Executive Secretary of the National Federation of Business and Professional Women’s Clubs, organized the first annual NBWW. The 1928 event’s goal was to focus public attention on ‘better business…
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Jeffersonville Golf Course garners ‘best bang for your buck’ honors
We’ve known it for years, and now word is getting out. Golf Digest just named Jeffersonville, or Jeff as it is affectionately known by regulars, as one of the top 25 courses in America that give you the ‘best bang for your buck.’ [uam_ad id=”54865″] Designed by Donald Ross in the late 1920s on an…
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MONTCO Weekend Preview
According to the Valley Forge Tourism & Convention Board, here are some of the cool and exciting events happening in Montgomery County this weekend: AMERICAN BIRDING EXPO Greater Philadelphia Expo Center at Oaks – September 29 – October 1 Reconnect with nature during the three-day American Birding Expo at the Greater Philadelphia Expo Center at Oaks.…
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Pennsylvanians to Say Goodbye to Printed Phone Books
Pennsylvanians who still want to receive printed yellow pages and business white pages phone books will now have to request them from Verizon, writes Bob Fernandez for Philly.com. At the end of last month, the telecommunication company was granted approval by the Pennsylvania Public Utility Commission to cease mass delivery of phone books. [uam_ad id=”54865″]…
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King of Prussia’s Radial Plans to Employ 27K Seasonal Workers Ahead of the Holiday Season
King of Prussia’s e-commerce company Radial is planning to hire 27,000 seasonal workers to stay ahead of the demands of the holiday season, writes Michelle Caffrey for Philadelphia Business Journal. The e-commerce company employs around 600 at its King of Prussia headquarters and is second only to Amazon in its operational and seasonal base. This…
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Horsham’s Bimbo Opens New Manufacturing Plant and Distribution Center in Colombia
Horsham’s Bimbo Bakeries, which is part of Grupo Bimbo, has opened a new manufacturing plant and distribution center in Colombia, writes Matt Hamer for Baking Business. The Tenjo facility took almost a year to complete and cost around $86 million. Now the new facility is producing nearly eight tons of delicious baked goods hourly including…
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The Price Tag of Ending DACA for Pennsylvania Economy
The decision by President Donald Trump to end the DACA program will have huge economic costs both for the country and Pennsylvania, writes David L. Harris for Philadelphia Business Journal. The Deferred Action for Childhood Arrivals program, which is set to expire on March 5th next year, makes it possible for undocumented immigrants who arrive…
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King of Prussia’s Greenphire and mProve Health Team Up
King of Prussia’s Greenphire and mProve Health have joined forces to make it easier for patients to stay in clinical trials, writes John George for Philadelphia Business Journal. In a world where technology and convenience go hand-in-hand, Greenphire focuses on automated clinical trial payments with ClinCard. This web-based, a reloadable debit card makes reimbursements easier…
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King of Prussia ‘Tube-in-your-Tummy’ Weight Loss Company Raises $4.6M
Aspire Bariatrics, which helps people lose weight through its unique diet system, has completed a debt financing round that netted the company $4.6 million, writes John George for Philadelphia Business Journal. The King of Prussia company led by CEO Katherine D. Crothall, is the developer of AspireAssist system, that was approved by the FDA last…
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Hatboro’s Matt Spicer Wows In His Director Debut ‘Ingrid Goes West‘
From watching the big screen to directing it, Hatboro’s Matt Spicer is now firmly in the Hollywood big leagues with “Ingrid Goes West,” writes Gary Thompson for Philly.com. Spicer’s love of movies began at Upper Moreland High School when he began to look at art movies in a new light, largely due to films such…
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