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Patrick Kennedy

Reporter
Business, Research
Kennedy also has written about nonprofit organizations and mergers and acquisition activity.

Contact

EMAIL
patrick.kennedy@startribune.com
PHONE
612-673-7926

Latest from Patrick Kennedy

Business

Eden Prairie’s Northern Oil and Gas takes unusual step to deny rumors of high-priced acquisition

NOG has been growing aggressively through acquisitions of oil and gas properties but denies it is making a deal with Granite Ridge.
December 23, 2024
Business

In another sign of distress in leisure sector, Eden Prairie-based Winnebago posts quarterly loss

The Eden Prairie-based company saw sales drop 18% from a year ago but anticipates a market rebound in the second half of its fiscal year.
December 21, 2024
FILE - In this Wednesday, June 15, 2005, file photo, Winnebago motor homes are shown on a lot, in Jefferson, Iowa. Led by sales growth for towable RVs and pricier stand-alone motor homes, recreational vehicle makers expect to ship more than 300,000 units to dealers in 2013 for the first time since the economic downturn. (AP Photo/Charlie Neibergall, File)
Business

Minn. window makers Andersen, Marvin continue holiday bonus tradition

The family-owned companies doled out $67.8M this year.
December 20, 2024
Andersen Windows will break ground Thursday on a new factory addition in Bayport. Seen here is its existing Bayport facilities (DAVID JOLES/Star Tribune file photo)
MN Fortune 500

Arctic Cat owner stopping all production, could sell the Minnesota snowmobile and ATV maker

Textron Inc. had already announced it was halting factory work in Thief River Falls and cutting the workforce; now, St. Cloud operations also will be affected as powersports industry continues to hit bumps.
December 19, 2024
GLEN STUBBE � gstubbe@startribune.com -- Tuesaday, July 13, 2010 -- St. Cloud, Minn. -- ] Arctic Cat's St. Cloud plant. The company recently announced plans to produce snowmobile engines there making them more vertically-integrated. ORG XMIT: MIN2012091320223569 ORG XMIT: MIN1304051542286038
Retail

Regis’ largest franchisee wanted out of the business, so the beauty business bought back 314 salons

Minneapolis-based Regis, which also runs the Cost Cutter and SuperCuts chains, is changing its strategy again with the $22 million transaction.
December 19, 2024
MN Fortune 500

One of Minnesota’s Fortune 500 companies, Patterson Cos., to go private in $4.1B sale

The Mendota Heights-based provider of dental and animal health supplies and services had announced a review of strategic alternatives a week ago.
December 11, 2024
Patterson Companies Mendota Heights, Minnesota headquarters. ] GLEN STUBBE * gstubbe@startribune.com Friday, June 19, 2015
MN Fortune 500

Large companies likely to beef up security for executives after UnitedHealthcare CEO’s murder

Specialists have seen calls rise in the days after Brian Thompson’s death in Midtown Manhattan.
December 6, 2024
FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, Zuckerberg said in a letter to employees Wednesday. (AP Photo/Nick Wass, File)
MN Fortune 500

Amid financial struggles, Minnesota-based Patterson considers merger, sale or other alternatives

The dental and veterinary supplier based in Mendota Heights said its profit fell by one-third in the second quarter.
December 5, 2024
Patterson Companies' headquarters in Mendota Heights. (GLEN STUBBE/Star Tribune)
Retail

Regis’ largest franchisee wanted out of the business, so the beauty business bought back 314 salons

Minneapolis-based Regis, which also runs the Cost Cutter and SuperCuts chains, is changing its strategy again with the $22 million transaction.
December 19, 2024
MN Fortune 500

One of Minnesota’s Fortune 500 companies, Patterson Cos., to go private in $4.1B sale

The Mendota Heights-based provider of dental and animal health supplies and services had announced a review of strategic alternatives a week ago.
December 11, 2024
Patterson Companies Mendota Heights, Minnesota headquarters. ] GLEN STUBBE * gstubbe@startribune.com Friday, June 19, 2015
MN Fortune 500

Large companies likely to beef up security for executives after UnitedHealthcare CEO’s murder

Specialists have seen calls rise in the days after Brian Thompson’s death in Midtown Manhattan.
December 6, 2024
FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, Zuckerberg said in a letter to employees Wednesday. (AP Photo/Nick Wass, File)
MN Fortune 500

Amid financial struggles, Minnesota-based Patterson considers merger, sale or other alternatives

The dental and veterinary supplier based in Mendota Heights said its profit fell by one-third in the second quarter.
December 5, 2024
Patterson Companies' headquarters in Mendota Heights. (GLEN STUBBE/Star Tribune)
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