March 2, 2009
Peter SchnitzlerThe state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
More
March 2, 2009
Peter SchnitzlerPNC 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
February 23, 2009
Cory SchoutenOne of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business
based in Indianapolis.
More
January 26, 2009
Peter SchnitzlerNot 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
January 26, 2009
Scott OlsonCompanies 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
January 26, 2009
Mergers and acquisitions are unlikely to rebound before the last quarter of this year, international accounting firm KPMG
International said.
More
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
January 12, 2009
Anthony SchoettleOne 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
December 29, 2008
J.K. WallEli Lilly and Co. CEO John Lechleiter played a game of pharmaceutical poker with former Lilly Chief Financial Officer Jim
Corneliusand won.
More
December 29, 2008
Scott OlsonIndianapolis law firms finally jumped in a big way into the merger mania that's sweeping the legal profession.
More
December 29, 2008
Cory SchoutenAfter 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
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
December 8, 2008
Scott OlsonIndianapolis is finally jumping in a big way into the merger mania that's sweeping the legal profession.
More
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
December 8, 2008
Anthony SchoettleWhile 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
December 1, 2008
Kathleen McLaughlinShepherd 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
December 1, 2008
Greg AndrewsMore
December 1, 2008
Chris O'MalleySouthwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia
and most of the dying airlines' remaining assets for $7.5 million.
More
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
More
November 24, 2008
Anthony SchoettleChip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
More
November 17, 2008
J.K. WallMarion County hospital systems anticipate more mergers, possibly with each other.
More
November 17, 2008
Cory SchoutenBlue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market's peak, has been
buying up local buildings and trying to learn the Indianapolis market.
More
November 10, 2008
Greg Andrews
CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically
cautious approach to acquisitions and investments, given the faltering economy.
More
November 3, 2008
J.K. WallOneAmerica Financial Partners Inc. has made no secret of its desire to acquire other companies. Well, if it wants to buy,
it could hardly find a better time.
More
November 3, 2008
Cory SchoutenAfter 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. The $5.6 billion deal raises questions about the government's growing involvement in banking.
More
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.
Greenwood was scammed. Somebody didn't do due diligence in checking out the claims of this company. The manufacturing of insulin can't be done on the cheap. If it could be done, some big generic company would already have it on the market. The founder was either a scammer or a wild-eyed dreamer who made people believe that his Lilly experience was what they needed to make millions of dollars. Greenwood fell for a get-rich-quick scheme but smarter investors didn't make the same mistake.
DV, your list is not reasonable. For example, mass transit in Chicago does not benefit the poor Illinois farmer living on the Iowa border. So, there is no need for mass transit in Indy to benefit the retired widow living in Jasper, Indiana. Your comments, therefore, cannot be taken seriously yet it does reveal the narrow viewpoints that are robust here in Indiana. Mass transit works, even if not everyone in the city or state uses it.
To Me Tim McGraw's Tight Muscles are Truly Magical