Class ring maker Herff Jones is set to be acquired by a private-equity group for about $1.5 billion, Reuters reported, citing people familiar with the deal.
The insurer will not let customers who renewed their pre-Obamacare plans late in 2013 do so again this year. But switching to Obamacare-compliant plans could cause some premiums to spike and provider choice to dwindle.
Most of the real estate developers who have left a big stamp on Indianapolis have had an audacious streak. That was certainly true of Mansur principals Harold Garrison and Cornelius Alig, whose headline-grabbing projects downtown included construction of Market Tower and the redevelopment of Lockerbie Marketplace and the Omni Severin Hotel. Garrison upped his ambitions […]
A division of the Indy Chamber is applying to become a U.S. Small Business Administration-affiliated microlender, a move aimed at boosting its available capital and expanding its territory in a wide-open frontier of finance.
With the future of a state-owned downtown parking lot in limbo, Indiana is looking to a smaller space on the west side of the capitol as the site of a public plaza to commemorate the 2016 bicentennial.
Obamacare's community rating rules would give 25-percent-off coupons to boomers while sticking millennials with a 75-percent surcharge, according to recent data from employer health plans.
A grassroots, church-based organization is trying to stir up voter interest in the city’s plan for a new criminal justice complex and questioning the need to expand jail capacity.
The Indianapolis-based manufacturer had sales of $553 million in the quarter ended Sept. 30, a 19-percent increase over the same period of 2013. Profit rose to $68.8 million, up from $44.5 million.
Lilly CEO John Lechleiter kicked off the company’s quarterly conference call with investors and analysts by declaring an end to the “unprecedented challenge” that Lilly lived through the past four years.
As general counsel for KAR Auction Services—which now owns Adesa and other automotive entities—Becca Polak runs a legal department that includes 14 lawyers and an equal number of support staff for a 12,000-employee company with $4 billion in annual revenue.
Mary Beth Claus, senior vice president and general counsel of Indiana University Health, is responsible for all legal and compliance matters for IU Health’s system of 20 hospitals and other health care facilities.
Hendricks Regional Health is taking a revolutionary step—at least for the health care industry—by applying the retailer’s playbook. Health care executives say more hospital systems are likely to follow suit in the future.
Herff Jones might be on the verge of a sale for as much as $1 billion. The 94-year-old maker of class rings and yearbooks, quietly renamed Varsity Brands Inc. in June, has hired the investment banking firm Jefferies to explore a sale, unidentified sources told Reuters.
In the Oct. 6 IBJ, Greg Morris extolled the virtues of Nashville, Tennessee, and the city’s thorough Music City branding effort. Morris encouraged Indy to develop our brand by focusing on who and what we already are.
