Merger mania rocks TV; WTHR owner bucks trend
In television, size matters—and station operators nationwide are in a mad rush to get bigger faster.
Mergers & Acquisitions
Articles
Fate of Indy employees still hazy in Dow, DuPont merger
Although the city will host a “global business center,” it will be months before details are known about how the combined agriculture operations will shake out. For now, the two firms are still competitors.
Angie’s List fate hazy if HomeAdvisor merger occurs
Angie’s List Inc. and rival HomeAdvisor both connect consumers and service providers, but their business models are very different. That adds a complicating wrinkle as speculation intensifies that HomeAdvisor’s parent will take another run at acquiring Angie’s List.
Indy life sciences firm sells for $127 million
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
Report: IAC preparing another takeover bid for Angie’s List
New York-based Internet giant IAC/InterActiveCorp is gearing up for another run at acquiring Angie’s List Inc., The New York Post reported Tuesday.
Dow Agro sales slip 16 percent as parent firm’s merger looms
The Indianapolis-based agricultural division of Dow Chemical said Tuesday that lower demand, price pressures on herbicides and currency headwinds all hurt sales of its crop protection products.
Baggott, partners sell Indiana food startup Husk
ExactTarget co-founder Chris Baggott and two business partners have sold Greenfield-based food startup Husk LLC, nearly three years after starting it, shifting their attention to a farmers market website.
Anthem merger partner banned from Medicare sales for ‘widespread failures’
Cigna Corp., which has agreed to a $48 billion merger with Indianapolis-based Anthem Inc., has committed systemic violations that threatened patients’ health, U.S. regulators say.
Old National to acquire Anchor BanCorp Wisconsin
Evansville-based Old National Bank said it will purchase Anchor, the third largest bank in Wisconsin, in a stock-and-cash deal valued at $461 million.
Worldwide corporate merger activity hits record level
Companies around the world made plans to spend a record $5.04 trillion on acquisitions in 2015, according to Dealogic, as slow worldwide economic growth and low interest rates pushed companies to combine forces.
After legal delay, First Merchants set to close Ameriana buyout
The Muncie-based bank, which agreed to purchase New Castle-based Ameriana in June, had faced two shareholder lawsuits opposing the deal. Those lawsuits have been dropped.
DuPont to cut 1,700 jobs before merger with Dow
In addition to job cuts, DuPont Co. said the combined corporation, called DowDuPont, would locate its specialty products company in Delaware. Officials still haven’t said where the combined ag business would be based.
Acquisition bug bites two Indy accounting firms
Two Indianapolis-area accounting firms are fusing with Cincinnati-based firms in the coming weeks, deals that participants said are just a sampling of the sizzling merger-and-acquisition activity across the industry.
Dow’s merger plans with DuPont might hit antitrust roadblock
The proposed merger of Dow Chemical Co. and DuPont Co. would create the world’s largest agricultural-products company. But that’s bad news for farmers, according to some farm groups and antitrust experts.
Will City Securities be next regional broker to sell?
The parent of City Securities Corp. finds itself at a crossroads with the May death of its 95-year-old vice chairman, Danny Danielson, and with his brother-in-law, Chairman John Peterson, approaching 83 years old.
Dow Chemical’s board reaffirms support for DuPont deal
Dow Chemical Co.'s board confirmed support for the company's merger with DuPont Co. on Monday after a news report said activist investor Daniel Loeb wants Dow's CEO to be removed.
Keurig to be acquired by investment group for $13.9B
The purchase price of $92 a share is 78 percent higher than the company’s closing price on Friday. The premium would be the largest in beverage-industry history for any deal above $5 billion.
Investors betting no on Anthem mega-deal
Lots of investors are betting health insurance giants Anthem Inc. and Cigna Corp. won’t ever make it to the altar—an outlook driven by concerns antitrust regulators or other obstacles will prevent consummating the $45 billion deal.
Indy case maker with 113-year history acquired
A local holding company that specializes in manufacturing firms has purchased C.H. Ellis Co., an Indianapolis-based maker of custom cases that has been in business since 1902.
Angie’s List activist spurns board-seat offer, urges merger
Major shareholder TCS Capital Management on Monday disclosed that it has rejected a board seat offered by Angie’s List and is still pushing the company toward a merger with rival firm HomeAdvisor.