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Business in Savannah in brief

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Job workshop today for veterans, military

Georgia Tech Professional Education’s Veterans Education, Training and Transition (VET2) program will hold an interview and information workshop for veterans and transitioning military today at 2 p.m. at the Georgia Tech-Savannah campus, 210 Technology Circle.

The interviews are for job placement with an employer in Brunswick. Qualified applicants may be asked to continue the interview process with the employer who has partnered with the program for the March VET2 class.

For more information, visit http://gtpe.gatech.edu/info-VETT or email james.wilburn@pe.gatech.edu.

Medient names advisor for stock markets

Medient Studios, Inc. (OTCQB: MDNT) announced Tuesday that San Francisco-based Merriman Capital, Inc. has been appointed as the company’s capital markets advisor and designated advisor for disclosure for the OTCQX market.

The OTCQX marketplace is considered the top tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group. To qualify for an OTCQX listing, a company must be current in its disclosure and be sponsored by a professional third-party advisor.

“Merriman Capital has a strong record of success, as the number one investment bank sponsor for OTCQX listings,” said Manu Kumaran, chairman & CEO of Medient. Medient has broken ground for a movie and game production complex in Effingham County but has not named a general contractor.

Boy Scout fundraiser went ‘over the edge’

Savannah’s first ‘Over the Edge’ fundraiser raised more than $58,000 to benefit inner city scouting programs of the Coastal Empire Council Boy Scouts of America.

On Dec. 13, 89 people rapelled down the side of the Manger Building, 7 E. Congress St., for the fund-raising effort.

‘Over the Edge’ sponsors included Rives E. Worrell Co., Seacrest Partners, Blackstone LLP and Ziff Properties, Inc.

This year’s ‘Over the Edge’ will take place on Oct. 31 at the Manger Building.

Kroger completes merger with Harris Teeter

The Kroger Co. (NYSE: KR) and Harris Teeter Supermarkets, Inc. (NYSE: HTSI) have announced the merger transaction between the two companies was completed on Jan.28.

Under the terms of the agreement, Harris Teeter shareholders will receive $49.38 a share.

Together, the company will operate 2,641 supermarkets with more than 368,000 employees across 34 states and the District of Columbia. Harris Teeter will operate its stores as a subsidiary of The Kroger Co.

Harris Teeter also operates distribution centers for grocery, frozen and perishable foods in Greensboro and Indian Trail, N.C., and a dairy facility in High Point, N.C. Harris Teeter had revenues of $4.7 billion for fiscal year 2013.


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