Articles

Not-for-profit seeks purchase that would aid Easter Seals

Crossroads Industrial Services Chief Operating Officer Curtiss Quirin has a certain sense of urgency as he looks to buy a business to add revenue to the not-for-profit contract manufacturer, because Crossroads provides jobs for people with disabilities, and generates a surplus that feeds the revenue-starved parent organization, Easter Seals Crossroads.

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Emmis selling three major radio stations

Emmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private equity firm and a prominent media executive, the company disclosed Tuesday morning.

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WRTV up for sale

Station owner McGraw-Hill plans to sell its nine television stations, including the Indianapolis ABC affiliate. The impact on local operations is unclear.

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Marcadia may fetch up to $537 million in sale

The December sale of Carmel-based Marcadia Biotech to Roche garnered at least $287 million—and as much as $537 million—for the company’s owners and could lead the Marcadia management team to launch a firm using one of Marcadia’s experimental diabetes medicines.

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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 […]

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