Mergers & Acquisitions

Express Scripts closer to $4.7B WellPoint deal

May 28, 2009
 IBJ Staff and Associated Press
Express Scripts Inc. has cleared an antitrust review for its planned purchase of Indianapolis-based WellPoint Inc.'s pharmacy benefits management business, bringing the $4.7 billion deal closer to completion.
More

Ritter's buyer retools custard chainRestricted Content

May 4, 2009
Sam Stall
Indianapolis residents have been passionate about Ritter's handmade frozen custard ever since it debuted almost two decades ago. But while the ice cream is sweet, the story of the former mom-and-pop company's attempts to morph into something grander is decidedly bitter. Now, New York-based TruFoods, which bought the company in May 2008, is trying to get the formula right.
More

With pharma famine looming, Lilly relying on snack-size dealsRestricted Content

May 4, 2009
J.K. Wall
Compared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year, Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
More

White River Capital negotiating new terms for its First Chicago Bancorp mergerRestricted Content

April 20, 2009
Peter Schnitzler
In a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it's postponed its merger with First Chicago Bancorp, and now is negotiating new terms.
More

$4.7B WellPoint deal leaves workers in limbo

April 13, 2009
J.K. Wall
Investors cheered this morning after WellPoint Inc. agreed to sell its pharmacy management unit to Express Scripts Inc., but the fate of about 2,100 WellPoint employees now is up in the air.
More

WellPoint to sell subsidiary for $4.6B

April 13, 2009
J.K. Wall
WellPoint Inc. has agreed to sell its pharmacy benefits management arm for $4.675 billion in cash and stock to St. Louis-based Express Scripts, the companies announced April 13.
More

Benefits mergers on the increaseRestricted Content

March 30, 2009
J.K. Wall
Benefits brokers and agents—facing increasing demands from employers and declining commissions—are merging at an accelerating pace.
More

Durham insider deal sparks outcry

March 9, 2009
Greg Andrews
Tim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from a finance company he owns in Ohio.
More

Indiana Public worker, teacher funds have lost $8B in 15 monthsRestricted Content

March 2, 2009
Peter Schnitzler
The state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive director and board.
More

PNC plans return to 'old-fashioned' lending standardsRestricted Content

March 2, 2009
Peter Schnitzler
PNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger between PNC Financial Services Group Inc. and National City Corp., as well as the recession and PNC's strategy.
More

Fast-growing appraisal firm evolves from subprime pastRestricted Content

February 23, 2009
Cory Schouten
One of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business based in Indianapolis.
More

Stock declines could make public companies takeover targetsRestricted Content

January 26, 2009
Peter Schnitzler
Not so long ago, most Indiana public companies were firmly in control of their destinies. Now after seeing their stock prices plunge, many would , be little more than sitting ducks were outsiders to launch takeover bids. If anybody's still got the money and chutzpah to buy, that is.
More

Financial crisis, recession hammer deal flowRestricted Content

January 26, 2009
Scott Olson
Companies searching for a merger or acquisition partner had one heck of a time finding a match last year. Place much of the blame on the credit crunch that rattled the nation's economy and sent deal-making into a downward spiral.
More

Slow M&A activity predicted by KPMGRestricted Content

January 26, 2009
Mergers and acquisitions are unlikely to rebound before the last quarter of this year, international accounting firm KPMG International said.
More

Targanta receives rescue line for drugRestricted Content

January 19, 2009
A former Eli Lilly and Co. antibiotic being developed in Indianapolis will live to try again. The company developing the drug, Massachusetts-based Targanta Therapeutics Inc., has agreed to be acquired by New Jersey-based The Medicines Co. for $42 million.
More

MacVittie reviving Caldwell VanRiper agencyRestricted Content

January 12, 2009
Anthony Schoettle
One of Indianapolis' most storied advertising agency names is coming back to the local market. Longtime local ad exec Paula MacVittie came out of retirement late last year to acquire Marc USA Indianapolis from its Pittsburgh-based parent company, renaming the firm Caldwell VanRiper.
More

Lilly makes $6.5B acquisitionRestricted Content

December 29, 2008
J.K. Wall
Eli Lilly and Co. CEO John Lechleiter played a game of pharmaceutical poker with former Lilly Chief Financial Officer Jim Cornelius—and won.
More

Mergers transform Indianapolis legal landscapeRestricted Content

December 29, 2008
Scott Olson
Indianapolis law firms finally jumped in a big way into the merger mania that's sweeping the legal profession.
More

Turmoil forces National City saleRestricted Content

December 29, 2008
Cory Schouten
After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial.
More

Be prepared for this merging legal worldRestricted Content

December 15, 2008
The recently announced mergers of Indianapolis law firms Sommer Barnard, Ice Miller and Locke Reynolds with firms outside the state [reported in the Dec. 8 issue] mirror a larger national trend.
More

Merger trend hits Indiana as law firms seek fast growthRestricted Content

December 8, 2008
Scott Olson
Indianapolis is finally jumping in a big way into the merger mania that's sweeping the legal profession.
More

Gallagher buys two more brokers to increase sizeRestricted Content

December 8, 2008
Dane Hudson continues an acquisition binge aimed at making Arthur J. Gallagher & Co. a stronger health benefits broker in the Indianapolis market.
More

Sign Craft experiences record growthRestricted Content

December 8, 2008
Anthony Schoettle
While many central Indiana manufacturers are feeling the pinch of the downturned economy, locally based Sign Craft Industries Inc. is posting record growth this year and projecting another robust year in 2009.
More

Shepherd lengthens its reach by merging with other charitiesRestricted Content

December 1, 2008
Kathleen McLaughlin
Shepherd Community Inc., a Christian-based organization serving the near-east side, is pulling other charities into its fold at a pace not often seen in the local not-for-profit sector.
More

Despite sour economy, retail developers press onRestricted Content

December 1, 2008
Greg AndrewsMore
Page  << 11 12 13 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT