News

Green Mountain Coffee Roasters, Inc today announced that the Federal Trade Commission has closed its investigation concerning GMCR’s tender offer for Diedrich Coffee, Inc. With this closure, all necessary approvals of the tender offer under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 have been obtained.

Vermont Attorney General William H Sorrell announced today that Vermont and sixteen other states have filed a joint motion to intervene in two whistleblower lawsuits against the drug manufacturer Wyeth.

USDA Rural Development still has more than $6 million in funding available for low and very low income homebuyers in rural areas across Vermont through the Single Family Housing Direct Loan program. These funds must be spent by September 30, 2010.

Main Street Realty today announced they have joined Vermont’s and Northern New Hampshire’s largest independent Real Estate firm, Lang McLaughry Spera. Lang McLaughry Spera, serves homebuyers and sellers in the two-state geographic area encompassing the Upper Connecticut River Valley, the Central Vermont region and Northwestern Vermont including the Champlain Valley.

Vermont Business Magazine (May 10, 2010) -- Rock of Ages Corporation (NASDAQ:ROAC) has announced that its Board of Directors received an unsolicited proposal from Swenson Granite Company, LLC, of Concord, NH, to purchase all outstanding shares of common stock, including shares underlying vested options, of Rock of Ages for a purchase price of $4.38 per share in cash.

Average retail gasoline prices in Vermont have fallen 1 cent per gallon in the past week, averaging $2.90/g yesterday. This compares with the national average that has increased 2.1 cents per gallon in the last week to $2.93/g, according to gasoline price website VermontGasPrices.com.

Vermont Business Magazine May 7, 2010 _ Central Vermont Public Service today reported consolidated earnings of $4.2 million, or 35 cents per diluted share of common stock, for the first three months of 2010, compared to $6.9 million, or 58 cents per diluted share of common stock, for the same period in 2009.-- First-quarter earnings of $4.2 million, or 35 cents per diluted share,

Vermont Business Magazine. May 5, 2010 _ The Vermont Agency of Transportation paving expenditure for the 2010 construction season will top $100 million for the first time. Governor Douglas will make a formal announcement at an event on Monday in Sheldon.

Attorney General William H. Sorrell announced today that Vermont received $47,000 in restitution as part of an agreement with Omnicare, Inc. and IVAX Pharmaceuticals, Inc. to settle allegations that the companies engaged in unlawful kickback schemes that defrauded federal and state healthcare programs.

Attorney General William H Sorrell has announced that Vermont will receive approximately $60,000 as part of a $72.5 million settlement with Novartis Pharmaceuticals Corporation and Novartis Vaccines & Diagnostics, Inc that involved 49 states, the District of Columbia and the federal government.

Opportunities Credit Union has announced an innovative business loan for Sugarsnap LLC. Along with VEDA (Vermont Economic Development Authority), Opportunities Credit Union is helping fund the expansion of this six year old company which is opening its second retail store, an expanded commercial kitchen, and new line of preserved food products.

Governor Jim Douglas yesterday received a letter from Chairman of the House Committee on Transportation and Infrastructure, James Oberstar (D-MN) commending Vermont for ranking first in nation for “the percentage of wastewater infrastructure Recovery Act funds put out to bid, under contract, and underway.” Vermont has committed all of its wastewater infrastructure funds from the American Recov