The media is fascinated by what he’s up to, as the nation’s largest shopping mall owner teams with partners to buy ailing retail chains while negotiating with Amazon to fill vacant anchor spaces with distribution centers.
Simon Property-backed venture makes offer to buy Brooks Brothers
Under the terms of the agreement, the Simon-back venture intends to purchase substantially all of the iconic retailer’s global business operations as a going concern. It has committed to acquiring at least 125 Brooks Brothers retail locations.Read More
Owner of Hoosier Park, Indiana Grand on verge of $17.3B sale
Approval of the acquisition of Caesars Entertainment in coming days from regulators in Indiana and New Jersey would create the world’s largest casino operation.Read More
Indiana credit unions pursue growth by buying banks
The banking industry, which argues that credit unions’ tax-exempt status gives them an unfair edge, objects to the trend.Read More
It’s not clear if the proposed acquisition will only cover TikTok’s U.S. business, and, if so, how it will be split from the rest of TikTok’s social media platform, which is popular worldwide.
KAR Global plans to expand upon the online automotive auction services it provides through TradeRev by acquiring BacklotCars’ longer-term online auctions, which allow dealers to bid on cars over the course of several days.
Founded in 2005 by Charles Haywood, Mansfield-King develops and manufactures products that are sold under its customers’ brand names. The east-side company has 154 employees.
MD Logistics says it will keep operating under the same name and does not expect any layoffs or consolidations as a result of the acquisition.
A Delaware judge on Monday rebuffed efforts by both Cigna Corp. and Indianapolis-based Anthem Inc. to collect billions over their failed merger.
Walmart said in a statement Thursday that a deal with Microsoft and TikTok could help it expand its advertising business and reach more shoppers.
Ball State Federal Credit Union is set to join Indianapolis-based Financial Center First Credit Union in a merger effective Nov. 1.
Tokyo-based Seven & i Holdings plans to acquire about 3,900 Speedway stores in 36 states. Indiana is one of Speedway’s largest markets.
The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.
Shares in Elanco rose 2.8% Wednesday morning after the approval was announced, to $24.13 each.
The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.
Cornerstone Cos. Inc.’s latest local project is a three-story, 40,000-square-foot medical office building along North Meridian Street for four tenants.
In a deal that brings together two of central Indiana’s top real estate agents, powerhouse residential brokerage Berkshire Hathaway HomeServices Indiana Realty has acquired ERA Real Estate Links.
Analytic.li, an Indianapolis-based workforce analytics firm, on Tuesday announced that it has been acquired by Novi Group LLC, an investment group led by Hoosier natives Fred Luddy and Greg Bell.
An investment group led by finance-industry veterans V.J. Dowling and David Delaney owns 7% of Protective’s voting stock and had proposed buying the remainder for more than $44 million.
Signaling a legal brawl lies ahead, Taubman said Simon “continues to be bound to the transaction in all respects.”
Two out-of-state financial services firms have acquired the assets of former Celadon Group Inc. affiliate 19th Capital Group in a deal that will allow the Indianapolis-based company to continue operating with a reduced workforce rather than shutting down as previously planned.
The Fishers-based company’s latest acquisition realizes its transition from a niche repair firm for ultrasound components to a multinational imaging-machine supplier.