September 2013

Technology
Benefitfocus prices its IPO above the expected range as shares start trading on Nasdaq
The Daniel Island benefits software company’s offering of 4.9 million shares priced at $26.50 each. Benefitfocus keeps about $73.9 million before expenses, and Goldman Sachs funds that invested in 2007 cash out part of their stake.
Sept. 18, 2013
Retail & Hospitality
Piggly Wiggly Carolina sells 28 stores to Bi-Lo and Harris Teeter
The employee-owned Charleston grocer is giving up most of its Charleston-area stores, including its downtown Meeting Street location, as bigger chains crowd into the market. It will keep 32 stores, mostly in rural towns.
Sept. 12, 2013
Defense
The Air Force’s last C-17 lands at Joint Base Charleston, home of its first
The arrival of P-223 completes C-17 production for the Air Force, more than 20 years after Charleston’s airlift wings took delivery of the first one.
Sept. 12, 2013