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Acquiring Company
Legacy Investing
Acquired Company
Minnesota Star Tribune
AlexandriaMinneapolisReal EstateLogisticsPublishingNewsDescription
Legacy Investing has finalized an acquisition of the former Minnesota Star Tribune printing facility located in Minneapolis' North Loop. This 13-acre site is envisioned to be developed into a mixed-use property, incorporating both data center capabilities and additional community functionalities. The acquisition follows the closure of the printing site last year, and aims to contribute to local economic growth.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed