Mass. tech developer to be sold for $163m
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Defense technology developer Foster-Miller Inc. of Waltham says it will be acquired for $163 million by Britain's QinetiQ Group PLC, a public-private partnership with the United Kingdom Ministry of Defense.
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Gary L. Pilgrim and Harold J. Baxter, founders of a tech-based mutual fund that blazed and then fizzled in the 1990s, agreed yesterday to pay $160 million to settle
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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Chad Gifford, the influential Boston banker who sold FleetBoston Financial Corp. to Bank of America Corp. this year, will receive more than $16 million in severance pay when he retires in January, as well as access to a company jet and the right to purchase from the bank four tickets to 15 Red Sox games of his choice per year ...
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By Doug Dalena, The Stamford Advocate, Conn.  Dec. 18--STAMFORD -- The developer of a proposed South End redevelopment project is looking to the city for help in financing more than $160 million in public improvements.
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The move concentrates one of the company's four major business lines in the city and seeks to reassure Massachusetts officials that it is committed to the Northeast.
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The software developer will become a licensee of the Digeo technology in the case.
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Bar-code scanning system maker   Metrologic Instruments Inc. MTLG.O said on Tuesday that it   agreed to be bought for about $420 million in cash by its   founder and other investors.
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NEW YORK, Nov. 17 -- Gary L. Pilgrim and Harold J. Baxter, founders of a tech-based mutual fund that blazed and then fizzled in the 1990s, agreed yesterday to pay $160 million to settle charges that Pilgrim took advantage of trading opportunities and Baxter shared inside information at the expense of investors.
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Shorenstein Co. LLC of San Francisco and the State Teachers Retirement System of Ohio this week completed the sale of Bay Colony Corporate Center office park in Waltham to Beacon Capital Partners LLC for $272.5 million. Cushman &amp; Wakefield of Massachusetts represented the sellers in the sale of the 987,923-square-foot, four-building complex on Route 128 overlooking the Cambridge Reservoir. The ...
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EMC said it planned to sell 10 percent of its fast-growing software subsidiary, VMware, in an initial public offering this summer.
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BOSTON - Right-hander Matt Clement and the Boston Red Sox are closing on a three-year contract worth $25 million, according to the pitcherâs agent.
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By AARON APPLEGATE  By AARON APPLEGATE  The Virginian-Pilot   SUFFOLK - A developer has a contract to buy about 700 acres of farmland in the central part of the city, a huge chunk of prime undeveloped real estate at the intersection of two highways near downtown.
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When Michael Maynard's company announced it was moving overseas, the 53-year-old machine technician from Massachusetts quickly found a job at another firm. As the sole provider for his wife and two daughters, Maynard jumped at the new opportunity, even though he had to take a pay cut of nearly $8 an hour....
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Boston Scientific Corp. will pay $16.75 million to settle state investigations into flawed heart defibrillators sold by Guidant Corp. , whose substantial legal liability Boston Scientific inherited when it bought the firm last year for $27 billion.
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Blackstone Group plans to sell some  New York office buildings it is acquiring from Equity Office  Properties Trust  to Macklowe Properties for about $7  billion, a source close to the deal said on Wednesday.
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Boston Properties Inc., the real estate investment trust run by billionaire Mortimer Zuckerman, agreed to sell 5 Times Square for about $1.28 billion, a record price for a New York City office tower.