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.
Two former National Football League players who challenged Cleveland’s tax on their income won refunds after the Ohio Supreme Court ruled the way the city calculated their taxes was improper.
Salesforce.com Inc., the software provider that has hired bankers to field takeover offers, would make sense as a partner for a buyer willing to spend a lot to become the leader in cloud computing.
Corinthian Colleges students, whose schools closed this week amid fraud allegations, are being steered by the U.S. Education Department to other for-profit chains also under investigation for similar misbehavior, including Carmel-based ITT Educational.
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
Corinthian Colleges Inc.—which once competed with the country’s biggest for-profit education companies, including Carmel-based ITT Educational Services—shut down its remaining 28 schools Monday, essentially completing the biggest collapse in U.S. higher education.
GreatLand Connections would have been the fifth largest cable company in the United States, with more than 2.5 million subscribers, including 344,400 in the Indianapolis area.
Comcast Corp. has dropped its $45.2 billion deal to buy Time Warner Cable Inc., officially pulling the plug after concluding the merger would be rejected by regulators. The merger would have completely changed the cable industry landscape in central Indiana.
Representatives of the two biggest U.S. cable companies were told that FCC officials are leaning against the merger, according to a person with knowledge of the situation. The merger, if completed as planned, would shake up the cable industry in central Indiana.
Four residents of the town of Princeton sued to revoke the university’s tax exemption, in part because it shares royalties with faculty, mostly from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.
Comcast is prepared to call off the deal if concessions needed to win federal approval are too strict, according to people familiar with the matter. The merger, if completed as planned, would shake up the cable industry in central Indiana.
A U.S. judge has declined to immediately approve the NCAA’s $75 million settlement of a lawsuit by college athletes who’ve suffered head injuries, giving a critic of the accord three weeks to file arguments opposing the revamped deal.
Staff attorneys at the U.S. Justice Department’s antitrust division are nearing a recommendation to block Comcast Corp.’s bid to buy Time Warner Cable Inc., according to people familiar with the matter.
Land & Buildings Investment Management is teaming with fellow activist firm Orange Capital to push for changes at Macerich Co., the mall owner that rejected a $16.8 billion takeover bid from Indianapolis-based Simon Property Group Inc.
Brokers and insurance agents providing retirement-savings advice would have to put clients’ interests ahead of their own under a plan that will face stiff opposition from Wall Street and Republican lawmakers.
Sears will transfer 10 properties valued at $228 million to a company that it will own jointly with Indianapolis-based Simon Property Group, the companies said Monday.
The Indianapolis-based landlord will either purchase the shares on the open market or in privately negotiated deals, Simon said.
Bank of America Corp. faces a lawsuit by former Indianapolis Colts star defensive end Dwight Freeney, who claims the bank set him up with an unqualified private banker and her “notorious financial predator” boyfriend.
An analyst predicted Macerich Co. could face a sustained period of underperformance after the shopping mall owner spurned the $16.8 billion offer from Simon Property Group Inc.
Indiana-based companies including Eli Lilly and Co. and Anthem Inc. sent a letter to state leaders Monday asking them to enact legislation clarifying the state’s new religious-freedom law.
