New York City-based investment firm Standard General plans to take television station owner Tegna private in the deal, which has an enterprise value of about $8.6 billion, including the assumption of debt.
While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.
The 1-gigawatt power plant in southwestern Indiana is currently owned by Hoosier Energy and is approaching retirement.
BKD said its combination with Dixon Hughes Goodman will create a top 10 national professional services firm. BKD’s local office is the fourth-largest accounting firm in the Indianapolis area, according to IBJ research.
Krueckeberg Auction and Realty, a 45-year-old auction house headquartered in Decatur, said the acquisition could potentially double its business.
The reproductive health unit includes products for obstetrics and gynecology, in vitro fertilization and assisted reproductive technology.
The merged township is the first in the state, serving 29,885 residents and 12,185 households.
Keen to beef up their workforces, some local companies are turning to a practice known as acqui-hiring—acquiring employees by buying the company they work for.
Kohl’s said Monday that its board is reviewing the offers, sending shares up more than 30% in early trading Monday.
Pulmodyne, with offices and factory at 2055 Executive Drive, near the Indianapolis International Airport, has been expanding in recent years to meet a skyrocketing number of orders from the COVID-19 pandemic.
The Indianapolis-based distributor of commercial doors, business hardware, and security systems has completed a deal for ClearPath Connections of Pewaukee, Wisconsin.
The Justice Department and the Federal Trade Commission are seeking public comment on how merger guidelines can be updated to better detect and prevent illegal and anticompetitive deals in an increasingly consolidating corporate marketplace.
Monument Microcap Partners has also added three partners and two other employees, plus a branch office in the metro Detroit area.
With the acquisition of British Columbia-based Groundswell Cloud Solutions, GyanSys now has more than 250 employees who work in the firm’s Salesforce practice.
Rowland Design—one of the city’s largest and oldest commercial interior design firms—is changing its name to Luminaut Rowland in Indianapolis after being acquired by Luminaut, one of Cincinnati’s largest design firms.
Sunnyvale, California-based Gener8 LLC has acquired RND Group, a 25-year-old software development firm headquartered in Indianapolis, the companies announced.
The deal will combine Owens & Minor’s product lines in diabetes, ostomy, incontinence and wound care with Indianapolis-based Apria’s product portfolio in home respiratory, obstructive sleep apnea and negative pressure wound therapy.
In separate deals, Houston-based Comfort Systems USA said it acquired Indianapolis-based Edwards Electrical & Mechanical Inc. and local temporary staffing company Kodiak Labor Solutions LLC.
Germany-based pharmaceutical giant Merck on Thursday announced it has signed a definitive agreement to buy Indianapolis-based drug contract manufacturer Exelead Inc.
Delivra’s new owner, British Columbia-based Redbrick, said the company’s operations will remain in Indianapolis and all of its employees will retain their jobs.
