Verenium Corp. (Nasdaq: VRNM), a developer of high-performance industrial enzyme solutions, announced the closing of the sale of its cellulosic biofuels business to BP Biofuels North America for $98.3 million, subject to the additional financial terms of the transaction announced on July 15.

Officials for the Metropolitan Transit System and the Argentinean Province of Mendoza finalized the sale of 11 San Diego Trolley U-2 model light rail transit vehicles (LRVs) for $3.3 million.

Point Loma Nazarene University's Fermanian Business & Economic Institute honored the region's Dealmakers of the Year Friday.

Mad Catz Interactive Inc. (AMEX/TSX: MCZ), a third-party interactive entertainment accessory provider, announced that Chief Financial Officer Stewart Halpern has resigned his position to pursue other interests. Halpern will act in a transition role through Sept. 30.

Corporate Directors Forum is honoring six of San Diego’s top directors at its 20th annual Director of the Year awards.