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September 2014 Archives

Acquiring an existing enterprise

Entrepreneurs in Maryland may benefit from reviewing all the criteria necessary for buying an existing business. According to the U.S. Small Business Administration, some entrepreneurs absorb less risk by purchasing an existing business, as opposed to starting one from the ground up. Regardless of how seasoned a target company is, prospective purchasers are advised to conduct the necessary due diligence before going forward.

Microsoft deal to purchase "Minecraft" raises questions

Parents in Maryland may be familiar with the multi-platform video game 'Minecraft," which has been a big hit with children worldwide. The game has sold in excess of 54 million units since its introduction, and it generated profits of $129 million for its Swedish developers in 2013. Microsoft CEO Satya Nadella is on record as saying that video games are not a part of the tech giant's core business model, but that did not stop the company from making the developer of 'Minecraft" the target of a $2.5 billion business acquisition.

New deal between GE and Electrolux

Investors in Maryland may be affected by the recent deal between Electrolux and General Electric that was announced on Sept. 8. The $3.3 billion acquisition of GE's appliance division will double the Swedish company's North American sales and allow it to be compete with its rival Whirlpool Corp. For Electrolux, the appeal to complete its largest acquisition to date was attributable to the opportunity to improve scale and to increase its North American market share, which was outpacing that in Europe.

Investors betting big on region's real estate market

An early September business news article points to the faith that investors are showing in the Maryland, particularly across portions of metropolitan D.C. According to the article, Federal Capital Partners has purchased a majority share in approximately 2,000 area apartment units and plans to invest additional funds in property improvements. The apartment units are valued at approximately $240 million.

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