CLIENT SPOTLIGHT: Grillo's Pickles

If you haven't been to the Grillo's Pickles website, you should. There, you'll find the fantastic story of how this company began. We've copied part of it here to save you a click.

Grillo's Pickles began with a pickle cart, just a small wooden stand in downtown Boston, where Travis Grillo and his friends would sell two spears for one dollar. Travis would make the pickles by night using his family's 100-year old recipe - one he'd memorized from making pickles every summer as a kid. In the morning, Travis would bike to the Boston Common and set up the cart with his buddies. They'd hang out all day, urging people to try the simple Grillo family pickle. It was a small business but Travis worked hard for it. He made more pickles, biked more miles, and slept less hours than he ever had before.
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CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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CLIENT SPOTLIGHT: Luca + Danni

Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        Rumored Merger Between T-Mobile and Sprint Called Off

        As reported in our last blog post, it had been long speculated, with increasing intensity, that T-Mobile and Sprint were close to announcing a merger between the two companies. However, on Saturday, T-Mobile and Sprint announced that the rumored merger was off.  This merger would have been consistent with the trend towards deregulating the telecommunications industry that we have been expecting under the new administration.

        T-Mobile and Sprint are respectively the third and fourth largest domestic wireless carriers, and the merger would have allowed the companies to better compete against AT&T and Verizon.  The two companies previously came close to announcing that they were merging in 2014 but ultimately did not proceed because of regulatory concerns.  

        Word in the industry is that the deal fell apart this time because the two companies disagreed over the ownership structure.  There were also disagreements as to how much the deal would be worth.  According to a joint statement issued by the companies, merger negotiations stalled because the companies “were unable to find mutually agreeable terms.” 

        The companies currently find themselves in two different positions.  T-Mobile is in a better position to remain as a stand-alone company, whereas Sprint is in the process of restructuring and has tried to cut costs to reduce its significant debt.  The merger would have allowed Sprint to better invest in its network infrastructure and compete in the marketplace. 

        While a merger would have given T-Mobile and Sprint a competitive advantage, critics were concerned that having three players (instead of four) would hurt consumers.  Moreover, there was question whether the deal would ultimately be approved given its antitrust implications.  It remains to be seen where both companies will go from here.