Announcements that major Indiana companies have been acquired are traditionally met with trepidation. But a rash of recent
buyouts of Indiana companies shows they’re not always bad news.
Union Federal Bank’s Fort Wayne-based parent is locked in a dispute that could put in peril the Indianapolis financial institution’s $330 million sale to Bowling Green, Ohio-based Sky Financial Group Inc.
City Securities Corp., one of the largest investment firms based in Indiana, has purchased Columbus, Ohio-based ReCasa Financial Group LLC, a specialty lender focused on rehabs of dilapidated houses.
