Regulators and shareholders of Granite Bank have signed off on the $45 million transaction.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State, News
Maine tech firm Plixer says being acquired has it poised for growth
The Kennebunk-based provider of computer network analytics was acquired by Battery Ventures, a Boston-based investment firm with over $1 billion in capital.
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Posted inBusiness, Local & State, News
Maine’s January unemployment rate declined slightly to 3 percent
The state’s jobless rate has been below 4 percent for a record 26 consecutive months.
Posted inBusiness, Local & State, News
L.L. Bean joins major retailers raising gun purchase age to 21
Other firearms dealers in Maine say they will continue selling rifles to buyers as young as 18.
Posted inBusiness
MaineToday Media hires industry veteran as group VP of sales
Vince Ciampi will oversee advertising sales at MaineToday and sister company Sun Media Group.
Posted inBusiness, Local & State
UNE hires new provost
Joshua Hamilton, provost of Rhode Island College, will take over the job on April 15.
Posted inBusiness
Regulators to take closer look at complaints of overbilling by CMP
Following dozens of complaints, the issue has been placed on the Public Utilities Commission’s agenda for Tuesday.
Posted inBusiness, Local & State
Company at heart of contentious UMaine power deal pulls out
With ConEdison Solutions’ withdrawal, the opportunity to negotiate a contract for a lucrative project to power the Orono campus will go to runner-up Honeywell International, university officials say.
Posted inBusiness, Local & State, News
Maine home prices jumped 5.3% in January
Sales volume was mostly flat last month as a result of low inventory.
Posted inBusiness
Wex continued blistering growth in 2017, with revenue up 23 percent
The South Portland company also reports net income of $159.2 million, up 177 percent from the previous year.