Philadelphia Business Journal
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AmerisourceBergen Says Hello To New Conshohocken Headquarters at Sora West
AmerisourceBergen, Pennsylvania’s highest-ranked Fortune 500 company, is preparing to move from Chesterbrook to its new headquarters in Conshohocken this summer…
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New Transit Plan for SEPTA Calls for Expansion, Increased Frequency of Regional Rail Service
A new transit plan proposed by the City of Philadelphia calls for the expansion of SEPTA’s regional rail service and…
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Bala Cynwyd Shopping Center Owner Plans to Transform Property Into Mixed-Use Development
Federal Realty Investment Trust has big plans for several of its properties, including Bala Cynwyd Shopping Center, writes Natalie Kostelni…
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New Residence Inn Opens in Former Bala Cynwyd Foundry
A new 124-suite Residence Inn hotel has opened its doors in the former home of Pencoyd Iron Works in Bala…
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Bala Cynwyd Genomics and Artificial Intelligence Company Raises $2M in Private Stock Sale
Panorama Medicine, a Bala Cynwyd genomics and artificial intelligence company, has raised $2 million in an equity financing deal, writes…
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Why the CEO of a Jenkintown-based Medical Marijuana Company is Opening Her Own Dispensary in West Virginia
Chris Visco, the co-founder and CEO of Jenkintown-based TerraVida Holistic Centers, is striking out on her own and opening a…
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Upper Gwynedd-based Merck CEO Retiring
Kenneth C. Frazier, a North Philadelphia native, is retiring from his position as Merck CEO effective June 30, writes John…
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GameStop, Now Causing Upheaval on Wall Street, Has Strong West Chester Connection
GameStop, which is currently causing quite a stir on Wall Street, has a strong local connection that leads to Electronics…
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Still No Decision on Fate of Pottstown Hospital in Montgomery County
In an update it provided to health system employees in a written statement last week, Tower Health CEO Clint Mathews…
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Hudson Bay Plans to Redevelop Lord & Taylor Space at King of Prussia Mall Into Offices, Rebrand it York Factory
Hudson Bay is planning to repurpose the Lord & Taylor space at King of Prussia Mall into offices and rebrand…
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Bala Cynwyd-based Hamilton Lane Aims to Expand Capabilities in Private Wealth Management with Recent Acquisition
Bala Cynwyd-based Hamilton Lane has agreed to acquire 361 Capital to expand its capabilities in private wealth management, writes Jeff…
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Swedish EQT AB to Acquire Conshohocken Industrial Property Giant for $1.9B
Stockholm private equity firm EQT AB will acquire Conshohocken-based Exeter Property Group, a global industrial property giant, for $1.9 billion,…
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Merck Drops Work on COVID-19 Vaccine Candidates, Refocuses on Two Therapeutic Candidates
Merck, the pharmaceutical giant with around 10,000 employees in Montgomery County, has discontinued work on its COVID-19 vaccine candidates and…
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See Which Montco School Districts Are Among Top 39 in Pennsylvania with Most Valuable Homes
Montgomery County is home to thirteen of the top 39 school districts in Pennsylvania with the most valuable homes, write…
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King of Prussia’s Discovery Labs Now Fully Owned by MLP Ventures
In a real estate deal worth roughly $100 million, MLP Ventures has bought its partners out of their interest in…
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Plymouth Meeting-based Accolade’s Plan to Acquire 2nd.MD Send Its Stock Surging
Plymouth Meeting-based Accolade saw its stock surge by nearly 10 percent after agreeing to acquire Texas-based 2nd.MD in a deal…
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Montco is the Place to Live: Montgomery County Housing Market Caps Another Strong Year Despite Pandemic
Montgomery County recorded another strong year for the housing market despite the ongoing pandemic with growing home sales prices and…








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