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AMC discusses selling up to 500M additional shares

AMC Entertainment Holdings Inc. is exploring using a possible equity issuance to pare debt obligations or overdue rent. If shareholders authorize the issuance of up to 500 million additional shares, as AMC has proposed, the company would consider using proceeds… more

DFA 2020 sales up $2B from previous year

Kansas City’s largest private company, Dairy Famers of America (DFA), emerged from a difficult 2020 even larger. DFA reported an increase in sales and profits for the previous year, according to a news release on its website.  Dairy Farmers of… more

Coping with COVID: KU Health reports steady number of COVID-19 patients ahead of weekend

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KCI single terminal project rounds halfway finish point

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Fate of Kansas City earnings tax up for a vote on April 6 ballot

On Tuesday, April 6, Kansas City, Missouri, voters will decide on the one percent city earnings tax. The tax is paid by city residents, non-residents who work in the city and businesses located in the city. According to the city,… more

Sale of Custom Truck One Source closes at $1.48B

The acquisition of Kansas City-headquartered Custom Truck One Source has been finalized, the specialized truck and heavy equipment solutions provider selling to Nesco Holdings, Inc.  News of the acquisition was originally announced back in December 2020. Today, the transaction closed… more

Prime Capital adds $50M AUM with acquisition

Prime Capital Investment Advisors (PCIA) closed on a deal Thursday bringing on Arkansas-based Sphere Wealth Management. The transaction adds $50 million in assets under management (AUM) to Prime's $11.2 billion in AUM. The deal has added more than 200 families… more

Coping with COVID: Kansas executive order extending statewide mask policy struck down by state council

A series of executive orders signed Thursday by Kansas Gov. Laura Kelly aim to encourage Kansas counties to keep COVID-19 mask mandates. Among them was an order to extend the mask mandate, although it was revoked by the Republican-controlled Legislative… more

KC Council passes $1.78B budget

The Kansas City Council signed off on a $1.73 billion budget for the 2021-22 fiscal year. The measure revisited borrowing money for infrastructure, included money for tenant advocacy and deferred tapping into $195 million in stimulus funds. After objections that… more

Children’s Mercy KC begins vaccinating younger age groups

On Thursday, Children's Mercy Hospital began a series of vaccination clinics for some of the youngest people eligible to get the shot. The hospital is holding three clinics for people age 16 to 21 to get the Pfizer vaccine, which… more