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Deals
American, US Airways to merge, create world's biggest carrier
February 14, 2013
Associated PressThe $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis
International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
MoreExactTarget aims to be one-stop shop with acquisitions
October 12, 2012
J.K. WallIndianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench
itself as a one-stop shop for smartly interacting with all manner of customers.
MoreExactTarget buys interactive marketing firms for $116M
October 12, 2012
IBJ StaffThe newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based
iGoDigital.
MoreLocal furniture maker acquires northern Indiana company
October 9, 2012
Facility Concepts Inc.'s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about
100 employees and 250,000 square feet of manufacturing space.
MorePackage of 16 apartment complexes back on the market
August 21, 2012
Scott OlsonThe local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable
buyer four years ago. The family is expecting better results this time because it's willing to break up the portfolio and
sell the buildings individually.
MoreBrightPoint merger talks driven by 'deal certainty'
July 28, 2012
Greg AndrewsWhen BrightPoint officials saw conditions in the cell phone distribution business take a turn for the worse, they were quick
to cash out while the going was still good.
MoreHeartland Bancshares approves acquisition by Horizon
July 7, 2012
The deal, effective July 17, will give the Michigan City bank its first presence in Central Indiana.
MoreFortune buyout would help exec out of financial jam
June 9, 2012
Greg AndrewsSale to managers would alleviate problems for company's 70-year-old namesake and keep firm from being seized by bank.
MoreLocal company part of $470 million paper mill deal
June 4, 2012
IBJ Staff and Associated PressIndianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major
paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
MoreWheaton acquiring residential mover Bekins
February 11, 2012
Chris O'MalleyWheaton World Wide Moving is buying the nation’s oldest and one of its largest household movers, Bekins Van Lines. The
deal is expected to bring 38 jobs to Wheaton’s northeast-side headquarters.
MoreAcquisition-minded investors eye Indiana companies
January 21, 2012
Francesca JaroszAs deadlines loom, private equity firms, others, move to deploy capital.
MoreGlucose monitor deal helps Roche catch up
November 7, 2011
J.K. WallRoche Diagnostics will partner with a San Diego firm to incorporate its continuous glucose monitoring sensor with a wireless
handheld device Roche is developing to help diabetics test their blood sugar and track their glucose levels throughout the
day.
MoreDuke Realty's massive office sale wins praise on Wall Street
November 5, 2011
Greg AndrewsInvestors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office
buildings for $1.1 billion.
MoreMaregatti Interiors acquired by HKS architectural firm
October 13, 2011
Scott OlsonIndianapolis' largest commercial interior design business has been purchased by the national architecture firm that designed
Lucas Oil Stadium.
MoreLaw firm merger activity on the rise
October 8, 2011
IBJ StaffIce Miller is among the firms that merged this year and Baker & Daniels is exploring a merger.
MoreTexas firm buys water-park hotel on northwest side
September 15, 2011
IBJ StaffGeneral Hotels Corp. has finalized the sale of the Caribbean Cove Hotel & Water Park, averting closure of the 344-room
hotel and saving 266 jobs.
MoreNot-for-profit seeks purchase that would aid Easter Seals
September 10, 2011
Kathleen McLaughlinCrossroads Industrial Services Chief Operating Officer Curtiss Quirin has a certain sense of urgency as he looks to buy a
business to add revenue to the not-for-profit contract manufacturer, because Crossroads provides jobs for people with disabilities,
and generates a surplus that feeds the revenue-starved parent organization, Easter Seals Crossroads.
MoreCitizens Energy gets interest-rate bargain on bonds sold for utility purchase
August 27, 2011
IBJ StaffStock-market swoon contributes to favorable terms on purchase of city's water, sewer systems.
MoreUPDATE: Medco acquisition could lead to local consolidation
July 21, 2011
IBJ Staff and Bloomberg NewsIt’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect
the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
MoreCommunications giant WPP buys stake in Just Marketing
July 11, 2011
Anthony SchoettleOne of the world’s largest communications firms has acquired a stake in Just Marketing International, a locally based
motorsports marketing firm that has been valued at about $100 million.
MoreEmmis selling three major radio stations
June 21, 2011
IBJ StaffEmmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private
equity firm and a prominent media executive, the company disclosed Tuesday morning.
MoreWRTV up for sale
June 14, 2011
Anthony SchoettleStation owner McGraw-Hill plans to sell its nine television stations, including the Indianapolis ABC affiliate. The impact
on local operations is unclear.
MoreSleepy Klipsch buyer out to make some noise
June 4, 2011
Kathleen McLaughlinAudiovox Corp., the Hauppauge, N.Y.-based company that recently bought the high-end audio firm Klipsch Group, hopes to use
the $167 million deal to win over Wall Street.
MoreSport Graphics making its mark in Dallas this week
February 4, 2011
Anthony SchoettleLocally based Sport Graphics scored a "six-figure" deal with the NFL to design, make and install all Super Bowl
signage—in Dallas and Indianapolis.
MoreMarcadia may fetch up to $537 million in sale
February 2, 2011
J.K. WallThe December sale of Carmel-based Marcadia Biotech to Roche garnered at least $287 million—and as much as $537 million—for
the company’s owners and could lead the Marcadia management team to launch a firm using one of Marcadia’s experimental diabetes
medicines.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.