Cigna said Anthem’s a risky bet due to fallout from its massive data breach, lawsuits that accuse it of conspiring to inflate prices, and lack of a growth strategy. But Wall Street thinks this deal is going to happen, unless Cigna can find another buyer.
The biggest U.S. providers—UnitedHealth Group Inc., Anthem Inc., Aetna Inc., Cigna Corp. and Humana Inc.—are all looking at possible combinations. Indianapolis-based Anthem is considering a takeover of Cigna or Humana, a person familiar with the matter said.
Anthem Inc. has made a buyout offer to rival health insurer Cigna Corp. for $45 billion, The Wall Street Journal reported Monday. That price would make the deal the largest health insurance merger in U.S. history.
A legal battle over the city’s troubled $32 million plan to rent a fleet of electric cars could cost taxpayers dearly. But Mayor Greg Ballard’s administration left the City-County Council little choice.
U.S. Rep. Todd Rokita says he will run for re-election to his current office next year, forgoing a bid for the U.S. Senate seat being given up by the GOP's Dan Coats.
Tom Dickey, director of community development for Fishers, announced in May that he accepted a job as managing director of real estate for the private development company Hageman Group, but a consulting services contract could compensate him $93,600 over the next year.
The northern Indianapolis suburbs are struggling to improve their doorsteps despite tight budgets, right-of-way acquisition obstacles and fickle public tastes.
The Fishers Redevelopment Commission recently approved the sale of a parcel of land in the Nickel Plate District for $25,000 to Re/Max Ability Plus. The real estate agency plans to spend $1.8 million to construct a 7,200-square-foot building.
Lawmakers are at odds over a proposal to scrap the ISTEP+ standardized test for an off-the-shelf model. Meanwhile, schools are preparing to take the online portion of the high-stakes test, which has been glitchy in the past.
After running a closed-door procurement in which the three bidders were allowed to shape the city’s final requirements for building the Marion County Justice Center, two proposals came in above the city’s ceiling payment of $50 million for the first full year.
An offshoot of the American Legislative Exchange Council that aims to influence local government is making inroads in Indiana. The American City County Exchange, which launched about a year ago, has 22 members from eight Indiana counties, including Marion and Hamilton.
Five top executives from the bankrupt operator of the Indiana Toll Road will split $2.45 million in bonuses once an Australian company closes on a $5.72 billion deal to buy the lease-holding business.
Former Indy Land Bank director Reggie Walton wasn't the initial target of an undercover FBI agent who came to town in 2012. But Walton, 33, managed to talk himself into a federal indictment that could put him in prison for 20 years.
Authorities in two northwest Indiana counties are scheduled to decide over the next several weeks whether to proceed with a proposal to lease the Indiana Toll Road after the Australian-Spanish consortium that leased it went bankrupt.
Indiana House members voted 55-41 Monday to support eliminating the boards that set construction wages for each state or local project. Thirteen Republicans joined 28 Democrats in opposing the bill.
