Lilly looks to boost pipeline with drug partnerships
A slimmed-down Eli Lilly and Co., thousands of employees lighter after its biggest restructuring in nearly a decade, is now looking high and low for deals to bulk up its drug pipeline.
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UPDATE: Caesars deal could create gambling juggernaut in Indiana
If Caesars Entertainment is successful in buying Hoosier Park and Indiana Grand, it would have an interest in four of the state’s five largest casinos. The acquisition reportedly is in the works.
Indianapolis-based engineering firm acquires automotive supplier
Echo Engineering and Production Supplies Inc. expects its revenue to swell to $50 million next year as it takes on more outsourced work from stressed car makers.
Indy-based heating-and-cooling firm under new ownership
After 33 years, the maker of industrial heat-exchange equipment will fuse to a similar German manufacturer.
UPDATE: Indy-based health insurer MDwise to be acquired by Michigan firm
After the deal closes, the insurers are expected to collectively cover more than 620,000 people and generate annual revenue approaching $6 billion.
Lilly shares slide on news of possible sale, spinoff of Elanco
Despite slipping sales and lost market share, the Elanco animal-health unit is strong and the time is right to explore selling or spinning it off, Eli Lilly and Co. officials said Tuesday.
Indy-based consulting firm buys company in nation’s capital
The acquisition gives HighPoint Global about 350 employees and annual revenue of $140 million.
Express Scripts to buy medical test gatekeeper for $3.6B
The deal comes as Express Scripts faces challenges on a number of fronts, including the possible loss of its largest customer, Indianapolis-based health-insurance giant Anthem Inc.
Amazon wastes little time slashing prices at Whole Foods
The internet juggernaut spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent.
Indy accounting firm merges with larger Louisville company, plans growth spurt
K.B. Parrish & Co. is taking on a new name and expanding its services, with the goal of adding dozens of local workers within three years.
Indy-based parking tech company buys Atlanta software firm
With the deal, T2 Systems gains access to new U.S. markets, its CEO said.
Dow Agro CEO to take job with farm equipment maker
The departure of Timothy Hassinger comes as Dow AgroSciences’ parent prepares to merge with chemical giant DuPont.
Fast-growing local software firm bought for $80M by public company
Indianapolis-based Archway Technology Partners, which specializes in wealth management, reported revenue growth of 104 percent from 2013 to 2015.
Fast-growing Fishers quality-control firm bought by Japanese companies
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
Genesys leader: ‘We’re going to start growing again in Indianapolis’
In interview with IBJ, Genesys President Tom Eggemeier says the company is pleased with its Interactive Intelligence acquisition and plans to ramp up its local headcount.
Investors willing to bet on Angie’s List-HomeAdvisor combo as stock surges
A week after the announced acquisition of Angie's List, its shares are trading 38 percent above the offer price—signaling optimism about the forthcoming public company combining Angie's List and HomeAdvisor.
Tech leaders claim mixed emotions about Angie’s List sale
They’re wondering if Angie’s List will be like ExactTarget, whose acquisition spawned job growth, or if jobs will erode over time. They’re also concerned about losing yet another mature, locally based tech firm with a major corporate presence.
Carmel advertising agency changes hands
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
Other suitors will have chance to outbid HHGregg’s proposed buyer
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
Waste services firm bought by Florida company in $66M cash deal
CGS Services Inc. was on its fourth generation of family ownership when Florida-based Advanced Disposal Services bought the central Indiana company.