ST. CLOUD (AP) -- Minneapolis businessman Paul Ellarby emerged Friday as a another prospective buyer for Fingerhut Co. Ellarby met with St. Cloud city officials Thursday and later...

...also said he was looking at Fingerhut's financials. Federated confirmed Friday that an investment group led by Paul Ellarby of Minneapolis had lost interest in buying the company after reviewing Fingerhut's internal financial data. Meanwhile...

...specialist from Wayzata; Petters, owner of Petters Cos. and Redtag Inc. in Eden Prairie, and Minneapolis businessman Paul Ellarby, in addition to KPS Special Situations Fund, a New York-based equity fund. Petters said he still was interested...