FCC chairman recommends OK of $48.5B DirecTV-AT&T deal
AT&T's purchase of DirecTV would create the country's largest provider of cable or satellite TV.
Mergers & Acquisitions
Articles
Owner of 3 Indiana casinos sells real estate in $4.7B deal
The deal will create a combined real estate investment trust that will own 35 casino and hotel facilities in 14 states, including three in Indiana.
Hurco acquires two companies in deals worth nearly $20M
Hurco closed on the purchase of Wisconsin-based machine maker Milltronics Manufacturing on Tuesday for about $13.3 million. On Wednesday, it entered into an agreement to acquire Taiwanese manufacturer Takumi Machinery for about $6.5 million.
BorgWarner to acquire Remy International for $950M
Auburn Hills, Michigan-based BorgWarner Inc. announced plans Monday to buy Pendleton-based auto parts maker Remy International Inc.—the 12th largest public company in the Indianapolis area and the 25th largest in Indiana.
Aetna-Humana deal could push Cigna to take Anthem offer
With Aetna Inc. and Humana Inc. agreeing to a $37 billion merger, pressure is mounting on the other major health insurers, including Cigna Corp. and Anthem Inc., to make their own deals.
First Merchants to buy Ameriana for $69 million
It marks the second announced acquisition in less than a year for First Merchants, underscoring growth plans for the second-largest Indiana-based bank.
Familiar culprit holds up Anthem-Cigna merger
Anthem Inc.’s proposed $47 billion buyout of Cigna Corp. is the latest example of corporate deals that get hung up over executive egos and turf battles. For example, Anthem CEO Joe Swedish wants to lead the merged firm, to the chagrin of Cigna’s CEO.
Investors closely following potential merger wave
The takeover game is rampant among U.S. health insurers and stock investors are filling the stands.
Health insurers that win merger race likely to get regulatory OK
A victory by Anthem Inc. in its bid to buy Cigna Corp. could create regulatory hurdles for other insurers exploring deals as antitrust officials seek to hold the line on rising health care costs.
Potential Anthem-Cigna deal hinges on CEO cooperation
Cigna Corp. and Anthem Inc. are poised to do the biggest deal that the health insurance industry has ever seen—if their CEOs can get along.
Anthem reaffirms commitment to its $47 billion bid for Cigna
Indianapolis-based Anthem Inc. said Monday that the merged companies would cover more than 53 million people combined, a total that easily surpasses that of current market leader, UnitedHealth Group Inc.
Anthem goes public with $47B offer for Cigna
One of the stumbling blocks to a deal has been Cigna’s insistence that its CEO, David Cordani, serve as CEO of the merged company.
Hill-Rom to acquire medical supplies firm for $2 billion
The acquisition lets Hill-Rom, a maker of hospital supplies for wound care and respiratory health, delve further into the market for diagnostic supplies for physicians and emergency responders
KAR launches global push by acquiring English company
Carmel-based KAR Auction Services Inc. announced Monday that it has acquired Canvey Island, England-based HBC Vehicle Services, marking its first foray into a market outside of North America.
PPG Industries buying Indiana coatings manufacturer
The former Indianapolis Varnish Co. had sales last year of more than $100 million. IVC has more than 300 employees at five manufacturing plants in Indiana, Michigan, Georgia, Arizona and China.
Speculation grows over possible Humana acquisition
Humana Inc. has pulled out of a major health care conference and said it will not comment on rumors of a merger, actions that will likely fuel Wall Street speculation that the insurer is part of a developing deal. Anthem Inc. is a possible suitor.
Charter’s cable buy faces easier road than Comcast’s
Charter Communications Inc.’s proposed purchase of Time Warner Cable Inc. faces fewer hurdles to U.S. regulatory approval than Comcast Corp.’s ill-fated bid to buy the No. 2 cable provider.
Private equity fund buying iconic Frisch’s Big Boy chain
Frisch's Big Boy restaurants are being sold to a private equity fund, ending family ownership of a Cincinnati-based chain that dates to 1948.
Report: Microsoft considering bid for Salesforce.com
Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.
Charter negotiates ‘in good faith’ to save Bright House deal
Charter Communications Inc.’s deal to buy Bright House for $10.4 billion is now in jeopardy because it had depended on Comcast Corp. closing its now-defunct merger with Time Warner Cable Inc.