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.
Telecommunications company Sinclair Broadcast Group is buying rival Tribune Media Co. in a deal between the nation’s two largest TV station owners. Tribune Media owns two Indianapolis TV stations.
Health insurer Anthem Inc. is not ready to give up its $48 billion bid for rival Cigna and now hopes to find a favorable audience in the U.S. Supreme Court.
PolicyStat LLC, an 11-year-old Carmel-based software-as-a-service company, has been acquired by Bridgewater, New Jersey-based iContracts Inc.
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.
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.
The decision is a likely final blow to Indianapolis-based Anthem’s bid to complete the $48 billion merger, which a lower-court judge had said should be stopped because it risked undermining competition in health-insurance markets.
Indianapolis-based technology company TCC Software Solutions has acquired two business-consulting companies in a deal that is expected to help TCC expand into different markets.
Safis Solutions LLC, a 15-year-old Indianapolis consulting firm that helps life science companies move their products through the government regulatory process, has been acquired by PharmaLex, the companies announced Monday.
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.
The 15-year-old business, which has its store at Keystone at the Crossing, will retain its name “for the time being,” the buyer said.
Carmel-based KAR Auction Services Inc. said the acquisition of Chicago-based startup CarCo Technologies Inc., which does business as Drivin, will beef up its technology capabilities.
Closely held JAB, which is backed by the billionaire Reimann family of Austria, is further adding to a caffeine empire that already includes Keurig Green Mountain, Krispy Kreme Doughnuts and Peet’s Coffee & Tea.
The $62 billion deal, which is still awaiting U.S. regulatory approval, would create a huge publicly traded agricultural company that would be based in Delaware but have major operations in Indianapolis.
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
CGS Services Inc. was on its fourth generation of family ownership when Florida-based Advanced Disposal Services bought the central Indiana company.
Doubters about the $48 billion Anthem-Cigna merger have been in abundance from the start—both on antitrust grounds and on concerns over cultural fit.
In the lawsuit, Anthem blasted Cigna, accusing it of repeated efforts to sabotage their proposed merger.
Indianapolis-based Anthem responded almost immediately Tuesday by saying Cigna does not have the right to cancel the deal.
The Humana-Aetna deal was one of two mergers that would have reshaped the U.S. health insurance landscape. Both were rejected by federal judges as anticompetitive. Anthem hasn't given up on its deal—a $48 billion pact to acquire Cigna—and is pressing ahead with an appeal.
