The U.S. Justice Department filed an antitrust lawsuit against Indy-based Anthem Inc. and Cigna Corp. on Thursday. In recent years, the department has shown an increasing willingness to go to court to block deals it believes could stifle competition.
Jasper-based Kimball Electronics has taken on 165 employees after buying a firm and its subsidiary in separate deals.
The parent of City Securities Corp. has sold its biggest subsidiary to a New York-based real estate holding company, a move that’s expected to give the niche operation room to grow.
The No. 1 player in the U.S. pawn shop market has agreed to buy the No. 3 firm for about $994 million in stock as a regulatory crackdown reshapes the non-bank lending industry.
Although the city will host a “global business center,” it will be months before details are known about how the combined agriculture operations will shake out. For now, the two firms are still competitors.
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
The Indianapolis-based agricultural division of Dow Chemical said Tuesday that lower demand, price pressures on herbicides and currency headwinds all hurt sales of its crop protection products.
An auto parts factory near Muncie that was slated to close later this year won’t be shutting its doors after all.
Cigna Corp., which has agreed to a $48 billion merger with Indianapolis-based Anthem Inc., has committed systemic violations that threatened patients’ health, U.S. regulators say.
The companies will work on coupling therapies from Lilly with technology from Halozyme Therapeutics that helps the body disperse and spread medicine.
Two Indianapolis-area accounting firms are fusing with Cincinnati-based firms in the coming weeks, deals that participants said are just a sampling of the sizzling merger-and-acquisition activity across the industry.
A local holding company that specializes in manufacturing firms has purchased C.H. Ellis Co., an Indianapolis-based maker of custom cases that has been in business since 1902.
After seeing its offers to buy Angie’s List turned down in private and in public, New York-based IAC/InterActiveCorp has the next move in what is shaping up as a chess match between the two firms.
Internet behemoth IAC appears bent on hashing out an acquisition and likely would stage a hostile takeover if Angie’s List resists, market analysts say.
The Indianapolis-based producer of high-end soaps, shampoos and conditioners for hotels and resorts will become part of Guest Supply but keep its local operations.
The next challenge for Anthem Inc. in its quest to marry Cigna Corp. is to get its legal guardians to allow the ceremony to happen.
Reports by the Wall Street Journal, Bloomberg News and Reuters said Indianapolis-based Anthem has offered $48 billion for Cigna Corp.—which would be the largest merger in health insurance history.
The investment was in line with comparable quarters in recent years, but there’s evidence that at least one significant deal didn’t make the list.
SteadyServ, the local firm behind the iKeg smart beer-management system, now plans to move into at least six new markets outside the Midwest.
Look here to see a compilation of deals affecting Indianapolis-area companies last year. Also see whether the area is gaining or losing more than its share of headquarters.
