Morning Minutes: Wind farm to move, auction house bought

Photo courtesy of Creative Commons
 A wind farm that was supposed to be built in Holt County in the northwest part of the state is now seeking a new home. | Courtesy of Creative Commons

Here are today’s top business headlines from across Missouri:

Wind farm project on migratory bird path nixed

A company planning to build the largest wind farm in Missouri has decided to change locations. The proposed wind farm location was near several wildlife areas, and steps needed to be taken to protect the wildlife no longer made it financially feasible.

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Ohio company buys well-known Missouri auction house

Owners of an Ohio auction house have bought the Selkirk name, which has a 184-year-old history in St. Louis, and hope to revive the reputation of one of the oldest names in the art and antique auction business in America. The owners of Garth Auctioneers say they bought the name and mailing list from a creditor of Ivey-Selkirk Auctioneers.

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Epiq rejects sale, pressure from investors continues

Epiq Systems Inc., a Kansas City, Kan., legal technology services provider, is facing increased pressure from investors after its board rejected a bid from P2 Capital, a hedge fund founded by Claus Moller, to take the company private for $20 a share.

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UM System president picks new chief of staff

University of Missouri System President Tim Wolfe named Zora Mulligan, the executive director of the Missouri Community College Association, as his new chief of staff. She will replace Robert Schwartz, now the interim dean of the MU College of Engineering.

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Sigma-Aldrich sale raises concerns of cutbacks

The $17 billion sale of St. Louis-based Sigma-Aldrich to Merck KGaA means the 80-year-old research chemical company with 9,000 worldwide employees will merely be one of many global outposts for a large German chemical and drug company. Merck promised to keep a “significant presence” in St. Louis, but it made the same promise to Billerica, Mass., where its EMD Millipore business competes with Sigma-Aldrich.

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