The shareholders of the two largest U.S. newspaper publishers – including the Worcester Telegram & Gazette and the MetroWest Daily News – approved their planned $1.4-billion purchase, the companies jointly announced Thursday.
Substantial improvements are on the horizon for a 181-unit Leominster apartment complex after the state agency MassHousing announced $15 million in affordable housing financing for Whitney Carriage Park.
The Auburn Mall Sears and The Mall at Whitney Field Sears in Leominster will be closed by February of next year as Sears, now owned by Illinois holding company Transformco, sheds over 40% of its Sears and Kmart locations around the country.
The former owner of Winchendon transportation company Rite Way has been sentenced to one year in prison and fined $4.2 million after pleading guilty to charges related to millions in Medicaid fraud, according to the Massachusetts Attorney General's Office.
Olympia Sports has begun the closing sales of 76 stores with $44 million in inventory, including five in Central Massachusetts, as the acquisition of the Maine company by sports retailer JackRabbit moves forward.
Sharpening tools manufacturer Simonds Saw announced Thursday it has entered into an agreement to sell its property at 135 Intervale Road in Fitchburg as it cuts back its manufacturing in Fitchburg due to tariff pressures, although it plans to retain its corporate offices at the location.