In its new proposal, Nippon Steel offered a 10-year guarantee that it would not reduce production capacity at U.S. Steel’s mills in Pennsylvania, Indiana, Alabama, Texas, California and Arkansas without approval by the Treasury-led review panel.
Fund 1 Investments LLC said Vera Bradley’s board should consider taking the handbag company private or a potential sale, among alternatives.
The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors Corp. also had agreed to join the talks on integrating their businesses.
Nordstrom’s board of directors unanimously approved the the proposed transaction, while top executives Erik and Pete Nordstrom—part of the Nordstrom family taking over the company—recused themselves from voting.
As businesses grow in reach and change the way they operate, accounting firms have been forced to change as well. Their conclusion: “We need to get bigger.”
Nissan’s share price soared more than 22% after reports citing unnamed sources said it might merge with Honda to form the world’s third-largest automaking group.
Leaders of Indianapolis-based Now Courier expect company growth to continue following the acquisition by Minneapolis-based Priority Courier Experts.
Albertsons is accusing Kroger of not doing enough to secure regulatory approval for the $24.6 billion agreement, which would have been the largest grocery store merger in U.S. history.
Nippon Steel is seeking to allay concerns over job security at plants that use traditional blast-furnace production from iron ore as part of its pending $14.1 billion takeover of U.S. Steel.
Omnicom is buying Interpublic Group in a stock-for-stock deal that will create the largest ad agency in the world with combined annual revenue of almost $26 billion.
Wall Street appeared to welcome the deal. Shares of Evansville-based Old National were trading at $23.30 shortly after 11 a.m. Monday, up 7.6% from Friday’s closing price.
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
Jersey Mike’s has nearly 30 locations throughout Indiana, including stores in Indianapolis, Noblesville, Carmel, Greenfield, Zionsville, Anderson, Avon, South Bend, West Lafayette, Fort Wayne and Bloomington.
Amcor, the acquirer, said the deal “brings together two highly complementary businesses to create a global leader in consumer packaging solutions.” Berry is one of the state’s largest public companies.
After higher interest rates and a sometimes shaky financial market put a damper on mergers and acquisitions in 2023, Indiana law firms that help facilitate deals are hopeful for a rebound this year.
The two health insurance giants, with a combined market value of roughly $125 billion, held talks about a deal last year.
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has significantly increased its presence in New York City through the acquisition.
Two Indianapolis-based orthopedic medical practices are joining forces, creating a combined operation of more than 100 physicians and 1,200 employees with 22 locations across central Indiana.
The acquisition of Accumen from New York City-based Arsenal Capital Partners announced this week is the latest in a series of growth moves for hc1, which bills itself as a leader in lab data analysis for health care companies.
Fishers-based Qumulex offers cloud-based video surveillance and access control systems for businesses. The company has been acquired by Texas-based Synerion USA Inc.
