The company that runs the St. Louis-based cable provider Suddenlink Communications has agreed to sell itself to its management and other investors who will invest about $2 billion in the company.
Investors BC Partners and the Canada pension plan's CPP Investment Board are joining with Suddenlink managers including Chairman and CEO Jerry Kent in the deal to buy Cequel Communications Holdings L.L.C.
Cequel's previous ownership group included Goldman Sachs Capital Partners, Quadrangle and Oaktree Capital Management. The deal values the company at $6.6 billion, including debt.
It’s going to seem like this week’s show is all about keeping cows cool, and it kind of is, but keep in mind this is a serious threat to agriculture in Missouri, and thus, the overall economy in the state.
Missouri utility regulators are reviewing the cyber security practices of electric utilities.
The Public Service Commission says it is asking power companies 47 detailed questions about protections to shield the electrical grid against hackers. Regulators say they are not aware of any possible problems.
Requests were sent to Ameren Missouri, Kansas City Power & Light Co., KCP&L-Greater Missouri Operations Co. and The Empire District Electric Co. The commission is seeking responses by the end of August.
Big budget deficits and low ridership keep the Columbia Transit system searching for new ways to boost support. One unusual place they’re looking is the League of Innovators, a group of tech-oriented entrepreneurs.
Two familiar names in St. Louis construction have won a Missouri Department of Transportation contract to rebuild the Daniel Boone Bridge, which carries Interstate 64 across the Missouri River at Chesterfield.
Alberici Enterprises and Walsh Construction will start on the $125 million project in early 2013. The construction portion of the contract totals $111 million.
MoDOT director Kevin Keith called it a great day for his department and the region, saying St. Louis and St. Charles counties are getting a lot from the contract.
Some of Missouri's largest insurance companies will be refunding consumers almost $61 million this month under a provision of the federal healthcare law. Insurers who failed to spend at least 80 percent of premium-dollars on medical care and quality improvement have to repay the difference to consumers.
Visits from foreign buyers play a role in sustaining certain agriculture markets in the Midwest. Plus, educators, designers and engineers team up to try to fund the next big innovation for small farms.