Courtesy of Mike Mozart/Flickr
Here are today’s top business headlines from across Missouri:
Missouri’s uninsured rate would be 50 percent higher by 2022 under the Senate’s health care proposal than under the Affordable Care Act, according to an analysis by the Urban Institute. Currently, the number of uninsured Missouri adults and children stands at 596,000. That number would jump to 894,000 in five years, the analysis finds. Read more
Panera Bread Co. stockholders on Tuesday officially approved the restaurant chain’s sale to JAB Holding Co., an investment firm based in Luxembourg, according to financial filings made by the company. Shareholders of the Sunset Hills-based chain of bakery-cafes are to receive $315 per share, putting the deal’s total value at $7.5 billion. Read more
Shareholders of Cabela’s on Tuesday approved the company’s plan to merge with rival outdoor retailer Bass Pro Shops. The deal, originally announced last October and modified in April, calls for Springfield-based Bass Pro to pay $61.50 per share for Cabela’s stores, website and catalog business. Read more
The second special session for Missouri lawmakers called by Gov. Eric Greitens continues to move slowly, with both the House and Senate currently holding one technical session each week, the minimum requirement. Typically, one Republican majority member in either house gavels the chamber into session, holds a moment of silence for prayer, leads anyone assembled on the floor in the pledge of allegiance, and gavels out to complete the formality. Read more
With the dozens of charter schools and St. Louis Public Schools vying for students, and the state tax dollars that follow, the institutions have to act more like businesses, marketing themselves — sometimes heavily. Recruitment has become big business for national charter school organizations. Read more
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