WellPoint’s sale of its NextRx unit was the largest deal in the Indianapolis area in 2009.
Pent-up demand, anticipated thaw in financing might cause business valuations to rise modestly
Indianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply and Chemical in Michigan City.
PNC Financial is still digesting its $5.6 billion acquisition of National City Corp., but a quiet fight almost certainly
is under way over its lucrative private banking clients.
Omnicity makes seventh acquisition since going public in February. The Rushville company aims to be nation’s largest wireless
broadband provider in rural markets.
The Indiana Cooperative Library Services Authority, known as ICOLSA, has merged with the Michigan Library Consortium to form
the Midwest Collaborative for Library Services.
After 36 years of flying smaller planes painted in the colors of the major airlines for which it flies under contract,
Republic Airways Holdings in 2009 became a branded airline operator of its own.
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
The Steak n Shake Co. is taking a dramatic turn away from its core business with a bid to purchase a Michigan insurer in a
deal valued at almost $37 million.
The Steak n Shake Co. has offered to acquire all of the outstanding shares of Fremont Michigan Insuracorp Inc. in a deal
that could be worth almost $37 million.
The firm founded in 1999 recently announced it bought Indianapolis-based Zent Consulting. Financial terms
of the deal were not disclosed.
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.
Florida-based Sun Capital has completed the turnaround of Marsh Supermarkets and now is seeking a buyer
for the home-grown chain. CEO Frank Lazaran told IBJ Sun will sell Marsh “when the market is right, financing
is right, and
someone is willing to pay a fair multiple.”
Indianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, has closed
on a deal to became part of The Main Street America Group, the Jacksonville, Fla.-based company said Tuesday morning.
St. Louis-based Express Scripts Inc. has completed its $4.7 billion acquisition of WellPoint Inc.’s pharmacy benefits
management business, the company said Tuesday.
Steak n Shake CEO Sardar Biglari proposed buying Western Sizzlin in January and again in May and advocated the unusual structure
of the $39 million transaction.