Simon lands outlets for $2.3B
Simon Property Group in August acquired Baltimore-based Prime Outlets Acquisition Co. for $2.3 billion.
American Commercial Lines acquired
Jeffersonville-based barge builder American Commercial Lines Inc. was acquired Dec. 21 for $777 million by Platinum Equity, a Los Angeles-based private equity firm.
Lilly buys Philadelphia drug company
Eli Lilly and Co. on Dec. 20 acquired Avid Radiopharmaceuticals Inc., a Philadelphia maker of an experimental imaging agency that could help identify patients with Alzheimer’s disease, for $300 million.
Duke buys further into Dugan
Duke Realty LP in July acquired an additional 50-percent interest in Dugan Realty LLC from an undisclosed partner for $298 million. Duke and Dugan are based in Indianapolis.
Lilly buys biotech company
Eli Lilly and Co. on July 20 acquired Alnara Pharmaceuticals Inc., a Cambridge, Mass.–based biotech firm developing a drug for exocrine pancreatic insufficiency, for $180 million.
Brightpoint buys repair firm
Indianapolis-based Brightpoint Inc. on Dec. 23 acquired Touchstone Wireless Repair and Logistics LP, a Hatfield, Pa.-based repairer and remanufacturer of telephones, for $80 million.
Ansure Mortuaries acquired
Indianapolis-based Ansure Mortuaries of Indiana LLC was acquired June 28 for $33 million by Levittown, Pa.-based StoneMor LP. The deal was brokered by the state to restore cemetery trust funds after Ansure’s former owner, Robert Nelms, pleaded guilty to misappropriating cemetery trust funds.
Interactive buys Jacksonville firm
Jacksonville, Fla.-based Latitude Software was acquired Oct. 4 by Interactive Intelligence Inc. in Indianapolis for $14 million.•