Sweden-based machinery components distributor OEM International AB confirmed on Nov. 5 that it has received a public takeover offer from private equity firm EQT AB for $1.4 billion. The offer ...

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Pitt’s new Rec Center finally opened on Sept. 14 for student use, and despite the $240 million price tag, it hasn’t impressed me. The 270,000-square-foot nine-story building includes a pool, gaming ...