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Today’s Top Stories

Microlytics
sells assets

Beleaguered Microlytics Inc., having filed Chapter 11 bankruptcy papers last fall, has sold parts of its software, technology and other assets to an Oregon company. Metro One Telecommunications Inc., headquartered in Beaverton, Ore., acquired some of the Pittsford-based Microlytics’ search-engine ...

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Microlytics
sells assets

Beleaguered Microlytics Inc., having filed Chapter 11 bankruptcy papers last fall, has sold parts of its software, technology and other assets to an Oregon company. Metro One Telecommunications Inc., headquartered in Beaverton, Ore., acquired some of the Pittsford-based Microlytics’ search-engine ...

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Corestaff buys Millenium

A national information technology company today acquired two of Rochester’s fastest-growing local firms. Corestaff Inc., based in Houston, purchased the Pittsford-based Millennium Computer Corp. and CompuCorps Resources Inc. The two local firms together employ some 170 people and projected reaching ...

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CAI losses
mount

CAI Wireless Systems Inc., seller of high-speed Internet access here and the parent company of Rochester Choice TV, saw higher losses and lower sales in the fourth quarter. The Albany-based CAI reported quarterly sales of $8.59 million, down from $10.34 ...

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Malpractice compromise wins passage in Albany

The state Assembly and Senate have passed legislation regarding medical malpractice that strikes a compromise between business and physician groups. The bill, which would eliminate payments into an excess medical malpractice insurance pool for one year, passed Tuesday and has ...

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Malpractice compromise wins passage in Albany

The state Assembly and Senate have passed legislation regarding medical malpractice that strikes a compromise between business and physician groups. The bill, which would eliminate payments into an excess medical malpractice insurance pool for one year, passed Tuesday and has ...

Read More »

CAI losses
mount

CAI Wireless Systems Inc., seller of high-speed Internet access here and the parent company of Rochester Choice TV, saw higher losses and lower sales in the fourth quarter. The Albany-based CAI reported quarterly sales of $8.59 million, down from $10.34 ...

Read More »

Home Properties expands
holdings

Home Properties of New York Inc. has acquired one Ohio and two New York apartment complexes. The purchases of garden-apartment developments in Spencerport, Long Island and Columbus, Ohio, together add 616 units to the Rochester apartment-based real estate investment trust’s ...

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Curtice Burns’ purchase of
Seneca unit called off

Plans for Curtice Burns Foods Inc. to buy Seneca Food Corp.’s glass-fruit business are off, the companies announced today. The deal would have included the glass-fruit brands, as well as a production facility in the Cincinnati area. It was canceled ...

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Curtice Burns’ purchase of
Seneca unit called off

Plans for Curtice Burns Foods Inc. to buy Seneca Food Corp.’s glass-fruit business are off, the companies announced today. The deal would have included the glass-fruit brands, as well as a production facility in the Cincinnati area.

Read More »

Home Properties expands
holdings

Home Properties of New York Inc. has acquired one Ohio and two New York apartment complexes. The purchases of garden-apartment developments in Spencerport, Long Island and Columbus, Ohio, together add 616 units to the Rochester apartment-based real estate investment trust’s ...

Read More »

Curtice Burns
partners

Curtice Burns Foods Inc. now is half-owner of a new sauerkraut business, the Great Lakes Kraut Co. Curtice Burns three months ago disclosed plans to merge its sauerkraut operations with those of Flanagan Brothers Inc. of Bear Creek, Wisc. That ...

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Bill ups
venture supply

State Assembly Speaker Sheldon Silver today proposed a bill to boost venture-capital availability in New York. The measure calls for the creation of tax credits that give insurance firms tax breaks for creating venture-capital pools. Individual funds would be administered ...

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Bill ups
venture supply

State Assembly Speaker Sheldon Silver today proposed a bill to boost venture-capital availability in New York. The measure calls for the creation of tax credits that give insurance firms tax breaks for creating venture-capital pools.

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Curtice Burns
partners

Curtice Burns Foods Inc. now is half-owner of a new sauerkraut business, the Great Lakes Kraut Co. Curtice Burns three months ago disclosed plans to merge its sauerkraut operations with those of Flanagan Brothers Inc.

Read More »