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Roche has successfully turned a hostile takeover bid into a friendly one, winning over the board of Ventana Medical Systems Inc. by hiking the price it would pay by 19 percent. Swiss-based Roche, which operates its North American diagnostic division out of Indianapolis, would pay $3.4 billion under a merger agreement signed by the boards […]

A pair of local high-tech heavyweights are scheduled to speak today at Indiana University’s Kelley School of Business. Bob Laikin, CEO of Plainfield-based wireless device distributor Brightpoint Inc., will visit the Johnson Center for Entrepreneurship and Innovation in Bloomington as a distinguished entrepreneur-in-residence. Laikin will speak at a faculty lunch, then spend the afternoon visiting […]

Emerson Motor Co. has laid off nearly a third of the workers at an electric motor plant in the southern Indiana town of Princeton, the St. Louis company said late last week. Fifty-two of the 170 employees were put on temporary layoff after the market softened, Emerson said. The plant makes motors for hospital beds […]

Board members of Johnson Memorial Hospital in Franklin are willing to work with outside parties but have no plans to sell or merge the facility, the Daily Journal of Franklin reported today. In a statement, the board of the 149-bed, county-owned hospital asked Johnson County residents for patience as it evaluates its short- and long-term […]

If General Electric Co. follows through on its plan to close its Bloomington refrigerator plant, local not-for-profits are likely to feel pain. Employees at the sprawling facility donated $54,000 and the company gave $21,500 last year to the Monroe County United Way. That made GE the second-largest work place contributor, according to The Herald-Times of […]

Civic boosters in Delphi fear the town northeast of Lafayette will become just another bedroom community, so they’re fighting back. They want the town, population 2,977, to become more of a destination for shoppers and tourists, according to the Journal & Courier of Lafayette. Once a commercial hub on the Wabash and Erie Canal, Delphi […]

Small businesses in the Muncie area are struggling to compete for employees against IBM and Sallie Mae now that the giants have opened locations in the region. Sallie Mae has hired 70 workers since opening a call center in Muncie in late 2006, and an IBM customer service center in Daleville has hired about 200 […]

While the rest of the state struggles to hold its own through the national housing downturn, the Columbus area is thriving. Bartholomew County, where Columbus is the seat, saw the median house price rise 8.7 percent, to $139,000, in the third quarter, according to The Republic, the city’s daily newspaper. Nationally, the median price fell […]