Morning Minutes: Planet Fitness to expand in St. Louis, Nurses To Go acquired by Texas company

Courtesy of Flickr
Courtesy of Flickr

Here are this morning’s top business headlines from across Missouri:

Sinquefield gives $1 million to KC attorney’s lieutenant governor campaign

Rex Sinquefield, the St. Louis financier and frequent political donor who previously gave $750,000 to Catherine Hanaway’s 2016 campaign for governor, has now donated $1 million to support a bid for lieutenant governor by Republican Bev Randles, a Kansas City attorney. The $1 million contribution is believed to be the largest for a single candidate in state history.

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SunEdison, Samsung selling 12 million shares of spinoff

SunEdison and Samsung plan to raise about $262 million by selling off more than a third of the shares they own in SunEdison Semiconductor, but the partners will continue to maintain majority ownership of the company by collectively controlling 51 percent of its shares.

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Health care provider Nurses To Go acquired by Texas company

Nurses To Go, a St. Louis-based home health care provider, has been acquired by Dallas-based Epic Health Services. Terms of the deal were not disclosed.

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Koster defends dropped investigations, turns focus to legislators

Missouri Attorney General Chris Koster on Monday dismissed allegations that his office pulled the plug on investigations of companies at the urging of lobbyists whose firms donated to his campaign fund. And after dismissing the idea of Missouri prosecuting one of the companies as “silly,” Koster turned the focus of Monday’s hearing before the House Bipartisan Investigation Committee on Public Officials to how legislators handle contributions to their own campaigns.

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Planet Fitness to continue Missouri growth with 11 St. Louis gyms

A Planet Fitness franchisee has announced plans to invest $50 million opening 11 Planet Fitness locations in the St. Louis area over the next three years, marking the health club chain’s second major expansion announcement in the state this year.

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