Industry News

Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holding based in Leawood. Berman outlined his objections and concerns online at www.chinaownsus.com."/>
AMC Theater in NY's Times Square to see protest over Carmike merger [The Kansas City Star]
Commercial Vehicle Group on Wednesday said it will close its plant in Monona, idling more than 100 people. The New Albany, Ohio, company shut down a plant in Edgewood in late May, eliminating about 80 jobs."/>
Monona plant closes, latest in round of Iowa manufacturing job losses [The Gazette, Cedar Rapids, Iowa]
New restaurant serves dessert, wine on Eola [Orlando Sentinel]
Vision plan for I-Drive gets delayed [Orlando Sentinel]
Starbucks executives on Thursday blamed everything from faulty business moves to global uncertainty for what they called "an anomaly" of a quarter in which sales growth slowed sharply both in the U.S. and worldwide. Sales at stores open at least a year grew only 4 percent globally for the quarter ended June 26. That compares with 7 percent growth in the same quarter a year ago, and 6 percent in the previous quarter."/>
Starbucks' sales growth slows, though earnings beat forecast [The Seattle Times]
Amazon.com announced Thursday it will hire more than 500 full-time workers and open a second fulfillment center in the Lehigh Valley, this time in a burgeoning business park off the new Route 33 interchange. Already a massive presence in the Lehigh Valley, Amazon plans to open a 1.1 million-square-foot warehouse in the 800- acre Chrin Commerce Centre in Palmer Township, essentially doubling its distribution capacity in the..."/>
Amazon to hire 500 for second Lehigh Valley warehouse [The Morning Call (Allentown, Pa.)]
Archon, Archon LLC, 10805 Elizabethtown Drive, Green Lake Township, new residence, $151,482. --Dale and Elizabeth Brekke, 1837 Compton Court, Blair Township, deck, $4,368. --Susan Isles, 6204 Cedar Creek Road, Union Township, new residence, $320,424."/>
Building Permits: 07/22/2016 [The Record-Eagle, Traverse City, Mich.]
Aetna Inc. and Anthem Inc., with Attorney General Loretta Lynch criticizing the deals as anti-competitive and being pursued "at the expense of consumers across America." Anti-trust lawsuits were filed in District of Columbia federal court against both deals. Anthem has proposed to acquire Bloomfield-based Cigna for $54 billion, and Hartford-based Aetna has sought Humana..."/>
U.S. Suing To Block Aetna-Humana and Anthem-Cigna Mergers [The Hartford Courant]
Ehrlich Toyota expansion complete [Greeley Tribune, Colo.]
3 Shore employers that are hiring [Asbury Park Press, N.J.]
M and A Navigator: Deal pipeline –22 July
Sears. Sears had anchored the southwest end of the 45- year-old mall."/>
Split mall: Remnants of Raleigh mall carry on during demolition / VIDEO [The Commercial Appeal, Memphis, Tenn.]
Kahala Brands, Ltd.™ announced that the proposed merger with a wholly-owned subsidiary of MTY Food Group, Inc., was approved by the company's shareholders during a special shareholder meeting today. About Kahala Brands™ Kahala Brands™ is an international franchising company with a portfolio of 18 quick-service restaurant brands with approximately 2,900 locations in 27 countries including Cold Stone Creamery ®, Blimpie ®, TacoTime™,..."/>
Kahala Brands, Ltd. Announces Shareholder Approval For Merger With A Wholly-Owned Subsidiary Of MTY Food Group, Inc.

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