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Monday A.M. Report

Fallon wins Chrysler account: Fallon is back in the car business, becoming the agency of record for Chrysler Group. Rob Buchner, chief marketing officer at the Minneapolis-based advertising firm, wouldn’t disclose the size of the account, but said it was the “biggest win in the company’s history” — and the first automotive account since Fallon parted ways with German automaker BMW in 2005. Read full story

Open Systems International to build $20M HQ in Medina: Open Systems International plans to build a $20 million headquarters in Medina and move out of leased space in Plymouth. The 17-year-old, employee-owned firm specializes in energy management software. Open Systems plans to acquire between 15 to 20 acres of undeveloped land at the corner of Highway 55 and Arrowhead Drive. Read full story

Mayo Clinic enters deal with Oxford University Press: Mayo Clinic has entered into an agreement with Oxford University Press to jointly publish medical reference books and textbooks by Mayo Clinic physicians and researchers. Rochester-based Mayo Clinic has more than 3,700 physicians and scientists and 50,100 allied health staff at its sites in Minnesota, Florida and Arizona. Read full story

Xata buys Canadian company, raises $30M: Xata Corp. has raised $30 million in venture capital and spent about $20 million to buy a Canadian tech company. Eden Prairie-based Xata, which makes software that companies use to monitor and track their trucks, said in a press statement that its deal to buy Turnpike Global Technologies will allow it to expand further into the market for managing small and mid-size fleets. Read full story

Graco boosts dividend 5%: Graco Inc. will increase its quarterly dividend by 5 percent to 20 cents per common share, the company announced. Read full story

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