The Portland company was sued after it pulled out of a $1.7 billion purchase of the two companies, but wound up buying both for a third of the original price.
maine businesses
Posted inBusiness, Maine
‘Green bank’ envisioned to help fund a clean-energy transition in Maine
Green banks leverage public funds to attract private investment and are used to raise money to combat the effects of climate change.
advertisement
Posted inBusiness, Maine
Pandemic leads to log home sales boom in Maine
Log homes have always exuded a rustic charm, and they’re looking increasingly attractive as a place to ride out the current situation.
Posted inBusiness, Maine
All $1.25 billion of Maine’s CARES Act funding now spoken for
A relief fund created in March was spent to support small businesses, unemployed workers, schools, healthcare providers and local governments.
Posted inBusiness, Maine
New Portland buildings to be designed, built to reflect post-pandemic reality
New office and medical buildings are being built to promote safer working conditions that limit viral spread.
Posted inBusiness, Maine
Maine signs wind-focused clean energy accord with United Kingdom
The agreement is focused primarily on information exchange and does not involve any joint development projects or other capital investments.
Posted inBusiness, Maine
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.
Posted inBusiness, Maine, News
Judge strikes down most claims against CMP over disconnection warnings
One claim in the customer group’s lawsuit – intentional inflection of emotional distress – will move forward.
Posted inBusiness, Maine
Pingree presses federal agency to investigate relief loan to Maine business that may not exist
The congresswoman wants answers about a $1.2 million Paycheck Protection Program loan to Common Ground Organic Farm, which organic farmers including Pingree had never heard of before the Portland Press Herald reported on it.
Posted inBusiness, Maine
Maine organic farm no one has heard of got a $1.2 million federal relief loan
Records show that Bridgton-based Common Ground Organic Farm LLC received the loan through the Paycheck Protection Program, even though no such company is registered in Maine.