Morning Minutes: SunEdison acquires storage capabilities, Brownback addresses Grow Missouri

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Photos courtesy of Creative Commons

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

Mallinckrodt to buy neonatal products firm for $2.3 billion

Mallinckrodt Plc., a pharmaceutical company that has its U.S. headquarters in St. Louis, announced today that it will acquire Ikaria Inc. for about $2.3 billion from a group of investors led by Madison Dearborn Partners.

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SunEdison adds storage capabilities through acquisition

SunEdison has added battery storage capabilities to complement its solar and wind projects with the purchase of assets from from Philadelphia-based Solar Grid Storage.

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St. Louis seeks $918 million in bonds, new tax for sewer system

Residents of St. Louis and St. Louis County will vote on a $918 million bond issue to finance what’s being described as the largest public works project in the area’s history.

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Justice Department finds Ferguson courts ‘deficient,’ clears Wilson

The Department of Justice condemned Ferguson’s municipal court as an often merciless and “constitutionally deficient” body that operates in the interest of maximizing revenue rather than administering justice or protecting citizens’ rights.

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Brownback tells Missouri legislators ‘what’s right with Kansas’

Kansas Gov. Sam Brownback visited Jefferson City on Wednesday to deliver a talk to more than 100 Missouri lawmakers about what he said is “right with Kansas.”

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