The portfolio consists of 38 buildings in total with a healthy collective occupancy rate of 97.5%. Their value as renovated space is far greater than new construction, according to the seller.
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Leslie Bailey sold Indy Maven to residential real estate brokers and entrepreneurs Colleen Hungerford and Bhavna Thapar.
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Indianapolis-based Circle City Broadcasting LLC will add ABC affiliate WRTV-TV Channel 6 to its portfolio of WISH-TV Channel 8 and WNDY-TV Channel 23.
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Carnegie’s, a fine-dining eatery that occupied the lower level of a former Carnegie Library at 100 W. North St., closed in late June after a 26-year run under retiring former owner and chef Ian Harrison.
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Buying a business is nothing new, but entrepreneurship through acquisition—or ETA—has caught on in recent years among those who want to become business owners but don’t want to start a company from scratch.
Indianapolis-based Eli Lilly and Co. announced Wednesday it intends to acquire Ventyx Biosciences, a clinical-stage biopharmaceutical company developing oral therapies for inflammatory-mediated diseases.
Ventyx is a San Diego-based biotech that specializes in drugs for inflammatory diseases like Crohn’s and rheumatoid arthritis.
Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures—and urged shareholders to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.
Meta CEO Mark Zuckerberg has been pushing to revive its commercial AI efforts as the company faces tough competition from rivals such as Google and OpenAI.
Although the overall mergers and acquisitions market struggled to get going earlier in the year, it rebounded in the third and fourth quarters.
Avant-Garde Systems Inc. has been one of the fastest-growing companies in the Louisville area in recent years.
Earlier this year, LDI announced that former Indiana Gov. Mitch Daniels had joined its team as the company’s first executive partner, with the goal of focusing on investments in Indiana-based companies.
The all-stock deal will result in a company with combined revenue of about $1.2 billion, the companies announced Thursday.
The buyer said it will work with the city of Carmel over the coming months to develop a plan for the 493,000-square-foot retail center.
The deal is expected to help bolster the technology company’s artificial intelligence strategy.
President Donald Trump said Sunday that the deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share.
At a time of rising costs and uncertain federal funding, more and more nonprofit organizations have either merged or are considering a merger to expand their services and strengthen the efficiency of their operations.
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Dealmakers are banking on markets remaining calm enough to sell on those commitments to investors.
Sharpen Technologies has completed a deal for fellow call-center software provider Ytel Inc., it announced Tuesday, marking its third acquisition in three years.
The board said it took the action in an effort to ensure all shareholders get the best deal and protect them from “coercive tactics
The unsolicited bid from one of the largest U.S. TV broadcasters values Scripps at $538 million.
Biglari, owner of the Indianapolis-based Steak n Shake restaurant chain, alleges that the CEO fraudulently misrepresented Abraxas’ valued assets during negotiations to acquire the company.
Brad Schwer, partner in charge at the Indianapolis office of Taft Stettinius & Hollister LLP, said he knew he wanted to work in mergers and acquisitions right out of the gate.
