The link between entrepreneurship and divorce
Creating great companies isn’t easy. Neither is it easy for some entrepreneurs to keep their marriages together.
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Lack of a disclosed price kept deals off the list
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from OneAmerica’s acquisition of benefits firm McCready and Keene Inc. to Herb Simon’s pickup of the Kirkus Reviews, a venerable journal of prepublication book reviews. • Bloomington Hospital was merged into Clarian Health on Jan. 1. • Indianapolis-based […]
Indiana mergers and acquisition ranged upward of $2.3 billion
Simon Property Group’s acquisition of Prime Outlets was the largest by an Indiana company in 2010.
Indiana companies prepping for burst of acquisitions
Conditions are ripe for a barrage of mergers and acquisitions to take place this year.
Former Allison exec settles suit alleging bribery
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
DeCoudreaux leaving Lilly for top job at Mills College
Alecia DeCoudreaux, the top attorney for Eli Lilly and Co.’s U.S. unit and an active community volunteer, will leave to become president of Mills College in California on July 1.
ChaCha lands $3M investment
The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund an expansion of its signature mobile service.
UPDATE: ITT Educational profit gives shares a boost
Shares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter profit that beat analysts’ estimates.
Purdue planning new campus residence hall
Purdue University officials are pushing ahead with plans for a new campus residence hall that would house between 200 and 300 students and include a cafe and retail space.
BREAKING: Backhaul Direct plans expansion, 325 new jobs
Indianapolis logistics firm Backhaul Direct LLC will invest $1.7 million to grow its downtown operation, adding nearly 325 jobs over the next four years. State officials announced the expansion plans Thursday morning.
Brightpoint to re-enter the Polish market
Indianapolis-based Brightpoint Inc., which helps cell phone makers manage their supply chains, said Wednesday that it is re-entering Poland, a market it exited two years ago at the height of the global downturn.
Statewide smoking ban bill clears House committee
The Indiana House Public Health Committee voted 9-3 to endorse the bill prohibiting smoking in public places and indoor work sites—after it exempted casinos and pari-mutuel horse tracks from the ban.
Indiana House panel backs texting ban for all drivers
Drivers wouldn’t be allowed to send or read text messages on cell phones under a bill approved by an Indiana House committee.
Man gets 3 years in cemetery scheme
Mark Singer, who was convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who had paid in advance for their funerals, has been sentenced to three years in prison.
Bill would make Indiana schools start after Labor Day
Republican Sen. Mike Delph of Carmel said it makes sense to start school after Labor Day because families would have more summer vacation time together.
UPDATE: Biden touts advanced vehicles in Greenfield
Vice President Joe Biden was in Greenfield, about 25 miles east of Indianapolis, on Wednesday morning to visit an EnerDel plant that received a $118.5 million Recovery Act grant in 2009 to expand its lithium-ion battery production.
Daniels’ budget proposal wouldn’t cut hearing aids
State budget director Adam Horst said he misspoke when he told the State Budget Committee last week that Daniels&’ proposal would eliminate Medicaid coverage for hearing aids.
GOP lawmakers push plan to expand charters
The House Education Committee is considering a bill to allow more charter schools, which are public schools that are free of certain state regulations. The bill also allows charters to share state transportation funds with traditional public schools.
Couple arrested in 2-year-old’s death
A mother and her boyfriend have been arrested and face charges in the death of the woman’s 2-year-old daughter. Tyneise Quiller was found dead inside their home at 201 Parkview Ave. in Indianapolis on Dec. 7. An autopsy revealed Quiller died of multiple blunt-force injuries. Her mother, 21-year-old Tiara Peoples, and 24-year-old Terrence Taylor are in custody, charged with neglect of a dependant causing death, a class A felony.