Duke Realty Corp. has developed or co-developed major industrial buildings and complexes at the crossroads of America, which has become a significant national hub for warehousing, logistics and e-commerce operations.
Both companies’ boards have approved the deal, which is expected to close in the fourth quarter. It still needs approval from both companies’ shareholders.
Twitter plans to offer Elon Musk access to its “firehose” of raw data on hundreds of millions of daily tweets in an effort to push forward the Tesla billionaire’s agreed-to $44 billion acquisition, according to multiple news reports.
Shares of Kohl’s rose as much as 12% Tuesday morning after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion.
JetBlue said Monday that it will now provide a $350 million reverse break-up payable to Spirit if a deal between the two isn’t completed for antitrust reasons.
Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
This is the third acquisition announced this year for Indianapolis-based Greenlight Guru, which offers a platform to help medical device makers with regulatory requirements.
With the perceived value of tech companies on the decline, at least for now, more buyouts could be on the way with targeted companies appearing relatively cheap.
Indianapolis-based CertaSite is gobbling up companies quickly to expand its reach.
Last year, McDonald’s Russian operations contributed 9% of the company’s total annual sales, or around $2 billion.
The sharp turnaround by the world’s richest man makes little sense except as a method to scuttle or renegotiate a deal that’s becoming increasingly costly for him, experts said.
Indianapolis-based technology consulting and analytics firm Resultant has acquired Teknion Data Solutions, which is based in the Dallas metro area. It’s the fourth and largest acquisition Resultant has made in the past three years.
Tesla CEO Elon Musk told a Miami technology conference that a viable deal at a lower price would not be out of the question, according to a report by Bloomberg News.
Analysts say a merger of any of the two carriers could create an airline with the scale and routes to more effectively compete with the nation’s four largest air carriers.
Elon Musk’s concern about spam and fake accounts on the social media platform represents yet another twist amid signs of internal turmoil over the proposed acquisition.
Indianapolis-based Accelerate Inc., a 27-year-old IT managed services provider, has been acquired by The Purple Guys, the companies announced Tuesday.
Prologis, one of the world’s largest real estate investment trusts, said it has been trying to acquire Indianapolis-based Duke since November. Duke said in a written statement issued Wednesday that those buyout efforts simply haven’t been good enough.
In a public letter, Prologis CEO and co-founder Hamid Moghadam said his San Francisco-based company has been trying to acquire Indianapolis-based Duke quietly without luck since late November and decided to make the effort public.
The infusion adds heft to the Tesla chief’s offer and eases some of the financial pressure he’s taken on in pursuit of the social media platform.
The sale of ADESA to Arizona-based Carvana, which KAR announced in February, is part of KAR’s ongoing shift away from physical auto auctions toward digital platforms and tools.
