JPMorgan, Wells Lead New $200MM Facility for Drew Industries

April 28th, 2016
Drew Industries, a supplier of components for the recreational vehicle and adjacent industries, has replaced its existing $100 million credit facility with a new five-year $200 million revolving credit facility. The company had no borrowings under the prior facility at the closing of the refinancing. Read the original: JPMorgan, Wells Lead New $200MM Facility for Drew Industries

Citizens Bank Provides $15MM Resolver to Lytron

April 28th, 2016
Citizens Commercial Banking has provided Woburn, MA-based Lytron with a new $15 million revolving line of credit. Lytron will use the funds to refinance existing debt and for general corporate purposes Continue reading here: Citizens Bank Provides $15MM Resolver to Lytron

How a Snail-Mail Business Gave Itself a Digital Makeover

April 28th, 2016
Send Out Cards is weathering a huge corporate culture shift from a company that makes a physical product to a tech-based brand with a personal touch. Read more: How a Snail-Mail Business Gave Itself a Digital Makeover
Posted under: Business company Corporate

This Startup That’s Trying to Cure Cancer Just Got Acquired for $5.8 Billion

April 28th, 2016
Stemcentrx was acquired for $5.8 billion in cash, but the deal could be worth more than $10 billion if the company hits successful milestones for clinical developments. Read more from the original source: This Startup That's Trying to Cure Cancer Just Got Acquired for $5.8 Billion
Posted under: Business cash company

Why Facebook could one day be worth $1 trillion

April 28th, 2016
Facebook continues to post stunning gains in earnings, revenue and subscribers. If it keeps this up, Mark Zuckerberg's company could one day be worth more than Apple, Google and other Corporate America giants. Excerpt from: Why Facebook could one day be worth $1 trillion
Posted under: Business company Corporate

Why You Should Never Ask Two People to Do One Person’s Job

April 28th, 2016
You're doing yourself, and your company, a disservice when you send group emails that only require one person's response. Read more: Why You Should Never Ask Two People to Do One Person's Job
Posted under: Business company