Dynex Capital, a Richmond-based financial services company, will be acquired by the California Investment Fund in San Diego for $90 million cash. (Business Wire, 11/8/00)

Fareed & Co., a Norfolk-based advertising, marketing and public relations agency, acquired Microtel Inns & Suites, a national hotel chain. Terms were not disclosed. (Press release, 11/8/00)

Lawrence Transportation, a Roanoke-based moving and storage company, plans to acquire Rusco Window Co., a Salem-based window manufacturer. Terms were not disclosed. (Press release, 11/6/00)

Mays & Valentine, a Richmond-based law firm, will merge with Troutman Sanders an Atlanta-based law firm. In Virginia, the merged company will be known as Troutman Sanders Mays & Valentine. In states outside of the Commonwealth, the firm name will be Troutman Sanders. (Richmond Times-Dispatch, 10/27/00)

The Mandell Law Firm in Vienna has been acquired by Philadelphia-based Pepper Hamilton, LLP. Pepper Hamilton opened an office in Tyson’s Corner in October of last year to house The Mandell Law Firm, which serves as a subsidiary. (Press release, 10/16/00)

McNeil Technologies Inc., a Springfield-based program management support and language services provider, has acquired Ampac Group Inc., an Alexandria-based Asian languages translation services company. Terms were not disclosed. (Press release, 11/9/00)

Performance Food Group, a Richmond-based food processing company, plans to purchase Chicago-based Redi-Cut Foods Inc, also a food processing company, for $133 million in cash. (Richmond Times-Dispatch, 11/1/00)

Vacation.com, an Alexandria-based company that partners travel agents with operators of tours and cruises, will be acquired by Madrid, Spain-based Amadeus Global Travel Distribution SA, a provider of worldwide reservations, for $90 million. (The Washington Post, 10/30/00)

Dominion Virginia Power, a Richmond-based power company, has a sale agreement with Colorado Springs, Colo.-based Westmoreland Energy Inc., a power company with 30% ownership of three Virginia power projects. Either company can call for sale of the projects, at an agreed price, at any time in 2001. (PR Newswire, 11/30/00)

Enterworks Inc., an Ashburn-based e-business software and applications company, has an alliance with Sterling Commerce, a Columbus, Ohio-based provider of e-business software and systems, to provide Enterworks software as part of Sterling Commerce’s portfolio of e-business systems. (Press release, 11/8/00)

Sytel, a Herndon-based e-business infrastructure firm, has an agreement with Managed Objects, a McLean-based Internet software firm, to provide Sytel customers with Managed Objects’ software. (Business Wire, 10/26/00)

New Plants and Companies
Fairchild Dornier, a San Antonio, Texas-based manufacturer of jet aircrafts and a provider of services to the aviation industry, will invest $15 million to move its headquarters to Fairfax County, creating 50 jobs. (Press release, 11/14/00)

John T. Paolucci, CIO, Foliofn, a Vienna-based brokerage services company. (Press release, 10/30/00)

General Dynamics Corp., Falls Church: $4 billion Army contract with Detroit, Mich.-based General Motors to build a wheeled armored vehicle. (Richmond Times-Dispatch, 11/19/00)

Interstate Relocations Services Inc., Springfield: $63 million over five years, for two contracts awarded by the Department of Defense for their full services moving project, a quality-of-life program for employees to aid in the transition of the moving process. (Press release, 11/16/00)

Maximus, McLean: $46.9 million over three years to operate three major program components for the Department of Human Services, The New Jersey Care 2000+ Program, New Jersey FamilyCare Program and Health Access. (Press release, 10/30/00) The company was also awarded a $56.4 million contract from the Social Security Administration to provide program manager services for the Ticket-to-Work and Self-Sufficiency Program. The program was created to assist disabled beneficiaries in finding employment. (Press release, 10/30/00)

Ricketts Construction Co., Winchester: $16 million from the city to construct the Museum of the Shenandoah Valley. (Press release, 11/7/00)

Divestitures
EqualFooting.com Inc., a Sterling-based business-to-business purchasing and financial services company, has eliminated 35 jobs as the company shifts its strategy to offering financial services to large corporations. (The Washington Post, 11/8/00)

Orbital Sciences Corp., a Dulles-based manufacturer of low-cost space systems, sold its Fairchild Defense electronics business to a U.S. subsidiary of Smiths Industries, plc, a London-based engineering company, for $100 million. (Press release, 10/30/00)

Value America Inc., a Charlottesville-based online retailer, plans to sell its electronic services business to Merisel Inc., an El Segundo, Calif.-based distributor of technology products. Merisel will acquire the division’s assets and employees to launch an Internet business this year. (Business Wire, 10/20/00)

CPFilms, a Henry County-based window film company, plans to invest $35 million into expanding its manufacturing facility, creating 52 jobs. (Press release, 11/8/00)

SMI Steel Products, a subsidiary of Dallas, Texas-based Commercial Metals Co., plans to invest more than $6 million to expand its manufacturing facility in Prince Edward County, creating 30 jobs. (Press release, 11/1/00)

Sara Lee Activewear, a subsidiary of Chicago-based Sara Lee Corp., will invest $25 million into the expansion of a former Tultex distribution center in Henry County, creating 303 jobs. (Press release, 11/3/00)

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Real estate
Charles E. Smith Residential Realty, an Arlington-based REIT, sold an apartment and townhouse community in Alexandria for $67 million to Rochester, N.Y.-based realtor Home Properties Inc. (PR Newswire, 11/17/00) In another deal, the company acquired two apartment properties in Arlington and Fort Lauderdale for $58 million. (PR Newswire, 11/16/00)

Evercel, a Danbury, Conn.-based battery manufacturer, will invest $25 million over three years into leasing a new production facility in Newport News’ Oakland Industrial Park to manufacture nickel-zinc batteries. (Press release, 10/16/00)

Synerject, a Newport News-based company that develops and distributes totally integrated fuel systems, has moved from its Siemens Automotive plant in Newport News to a facility in Oakland Industrial Park for production of direct fuel injection systems. (Press release, 10/16/00)

Stocks
Nextel International Inc., a Reston-based wireless communications company, filed a registration statement with the Securities and Exchange Commission for a public offering of 45 million shares at $16-$18 each, for a total of $920 million. (SEC Filings, IPO Monitor, 10/30/00)

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