The stock market value for Voxx today is just $118 million—far less than it paid just for Klipsch, one of a long list of acquisitions it made dating back a decade.
Below are Indianapolis-area mergers and acquisitions that closed in 2015 for which financial details were not available. The list excludes the most-talked-about deal of the year—Indianapolis-based Anthem Inc.’s proposed $54 billion purchase of Connecticut-based Cigna Corp. That’s because the acquisition, announced in July, isn’t expected to close until the second half of 2016. Also pending […]
Efforts by local developer Ersal Ozdemir to secure tens of millions of dollars in public money to build a downtown soccer stadium for his North American Soccer League team appear to have hit a brick wall in this year’s General Assembly, and perhaps permanently, said one key lawmaker.
An average Jacksonville Jaguars home game brings in $3.7 million in ticket revenue, while their game in London against the Colts is expected to generate $11 million. As the visiting team, the Colts get 34 percent of that.
Cityscape Residential hopes to break ground in the spring on the 306-unit development, which would be within walking distance of the Shops at Perry Crossing.
Statewide, 88.9 percent of students graduated from high school, compared to 89.8 a year earlier. But graduation rates have only fluctuated by about one percentage point up or down since 2011.
Confirmation of new bird flu cases alarmed industry officials after the rapid spread of the H5N2 virus last year led to the deaths of about 48 million turkeys and chickens, and drove egg prices higher. Indiana's poultry industry brings in about $2.5 billion a year.
Mayor Joe Hogsett has put his own stamp on the board that owns most of the city’s major sports facilities and oversees its relationship with pro teams.
Bullseye Event Group is aiming to fill a Boeing 747 airliner with Indianapolis Colts fans for next season's game against the Jacksonville Jaguars at Wembley Stadium in London. So far, 100 travel packages have been sold.
A number of local music stores are reporting dramatic sales growth in vinyl records, in both 7- and 12-inch format. For you old-timers, that’s 45s and 33s. A few 78s also are for sale.
L.A. Rams owner Stan Kroenke wants to move the NFL Scouting Combine from Indianapolis to Los Angeles, where his team will occupy a new $1.9 billion stadium. And sources close to the league say he has the clout to do it.
The first five years of the Kevin Wilson era have done little to move the needle on Indiana’s home football attendance. With a new contract that doubles Wilson’s salary announced Monday, IU leaders must be hoping for a better return on investment.
Mike Cunningham and business partner Patrick Heitz have received approval to build two upscale condos in one structure at the rear of the Vida restaurant, set to open early next month.
Former Indianapolis Motor Speedway President Jeff Belskus is the new president of the Indy Eleven professional soccer team. Peter Wilt is leaving to start a rival NASL team in Chicago.
When CEO Dan Evans relinquishes the reins of Indiana University Health in April, he will hand his successor Dennis Murphy a hospital system with a pristine balance sheet. That’s a big change for IU Health, which when the Great Recession hit was debt-laden and cash-strapped.
An Indianapolis woman is advocating for state legislation that would provide property-tax relief for longtime homeowners in designated distressed areas.
I spell out the top 5 reasons, starting with Hoosiers’ poor health, why health care in Indiana is even more messed up than it is around the rest of the country.
