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Salesforce slow to excite investors after $2.5B buyout of ExactTarget
June 10, 2013
Dan HumanShares of the California-based cloud computing giant continue to lag after last week's announcement of its $2.5 billion offer
for Indy-based marketing powerhouse ExactTarget.
MoreSalesforce to keep ExactTarget independent, 'invest' in it
June 5, 2013
J.K. WallIn a company memo, ExactTarget CEO Scott Dorsey assures employees of their importance after announcing deal to sell the company
for $2.5 billion.
MoreExactTarget sale caps success story; CEO mum on Indy work force
June 4, 2013
Greg Andrews, Dan Human, Bloomberg NewsExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion
buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000
employees.
MoreAmerican, 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.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!