Westfield’s IMMI acquires SynTec Seating Solutions
Westfield-based IMMI, which manufactures safety restraints, belts and seating, has acquired SynTec Seating Solutions in North Carolina.
Patrick Industries acquires Michigan company
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has acquired Michigan-based Inland Plywood Co., a supplier, laminator, and distributor of plywood and other specialty products.
Microsoft confirms talks seeking to buy US arm of TikTok
In a statement, Microsoft said Microsoft and ByteDance have provided notice of their intent to explore a deal resulting in Microsoft owning and operating the TikTok service in the U.S., Canada, Australia and New Zealand. The company said it expects those talks to conclude by Sept. 15.
Holcomb appoints board, commission members
Governor Eric Holcomb has announced several appointments to various state boards and commissions.
Purdue startup bringing STEM learning to isolated students
Explore Interactive wants to turn game play into serious learning for elementary students kept away from classrooms during the COVID-19 pandemic. The Purdue startup is marketing an augmented reality platform that teaches science, engineering and math.
USF moves football to spring 2021
The University of Saint Francis has decided to move its football schedule to spring 2021 due to concerns related to the COVID-19 pandemic. Other USF sports are expected to compete in the fall, and the National Association of Intercollegiate Athletics has moved all fall national championship tournaments to the spring.
Monday’s business headlines
Here’s a look at Monday’s business headlines.
Google, ADT partnering on home security products
Shares of the company, based in Boca Raton, Florida, spiked 60% before the opening bell Monday.
7-Eleven owner is buying Marathon Petroleum’s Speedway gas stations for $21 billion
With this deal, 7-Eleven would have a presence in 47 of the top 50 most populated metro areas in the United States, the company noted in a press release.
Lord & Taylor, Men’s Wearhouse owner file for bankruptcy
s of July 23, roughly 40 retailers, including big and small companies, had filed for Chapter 11 bankruptcy so far this year.