Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed annuity sales of more than $1 billion.
Dallas-based Southwest Airlines would bump Delta Air Lines from top carrier spot at Indianapolis International Airport when it acquires Orlando-based-based AirTran in a deal announced Monday. Southwest/AirTran would have about 33 percent of the Indianapolis market, airport officials said.
Harding Dahm & Co., which ranked sixth on IBJ’s most recent list of commercial brokerages, will become Lee & Associates Indianapolis. Terms of the deal were not disclosed.
Las Vegas-based Full House Resorts on Monday announced plans to purchase the riverboat casino in Rising Sun, saying it could improve profitability.
A private-equity firm backing Emmis CEO Jeff Smulyan’s buyout signed off on a compromise, but then changed its mind.
Centaur plans to sell a casino west of Denver and a stalled casino development near Pittsburgh.
American International Group Inc. has agreed to sell a majority stake in its Evansville-based consumer lending unit, getting
rid of an operation that posted about $1.7 billion in operating losses since 2008 and accumulated more than $17 billion in
The communications company said in a news release that CEO Jeff Smulyan is continuing to negotiate with a group of preferred
and is considering another buyout option that would not require their consent.
Television station owners affiliated with NBC agreed to support Comcast Corp.’s purchase of NBC Universal after the
company pledged it won’t shift events such as the Olympics and U.S. football to cable, an executive said.
The recent chatter followed the bank board’s decision to award CEO Milton J. Miller II a severance agreement entitling him to extra pay in the event of a merger.