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Thursday A.M. Report

Dorsey & Whitney forms education-services group, Donaldson’s Q2 beats analysts’ expectations, Trustees on hunt for Denny Hecker assets, MathStar completes purchase of Sajan

Dorsey & Whitney forms education-services group: Dorsey & Whitney assigned nearly three dozen attorneys to a new group focusing on the educational publishing, technology and services industry, the firm said Wednesday. Read full story

Donaldson’s Q2 beats analysts’ expectations: Filter manufacturer Donaldson Co. Inc. reported second-quarter earnings Wednesday that beat analysts’ expectations — even as its profits declined slightly from prior year, when a tax benefit boosted earnings. Read full story

Trustees on hunt for Denny Hecker assets: A federal judge on Wednesday ordered a Colorado man to reveal what he’s holding onto for former Twin Cities auto dealer Denny Hecker. In an October e-mail recovered in late January by the trustee in Hecker’s ongoing bankruptcy proceedings, Monroe Summers of Aspen warned Hecker he would make unspecified assets known to the trustee if he wasn’t paid $6,638 for storing the possessions. Read full story

MathStar completes purchase of Sajan: The acquisition of Sajan Inc. by MathStar Inc. has closed, the firms announced Tuesday. It was announced in January. Hillsboro, Ore.-based MathStar, a programmable chip company, entered into a merger agreement in January to buy Sajan, a River Falls, Wis., language translation service and technology provider, for $6.1 million in cash, approximately $9.45 million in stock (7 million shares) and a promissory note, or loan, for $1 million. Read full story