While Anthem said it was “significantly disappointed” by the judge’s order and would seek an expedited appeal, Cigna said only that it “intends to carefully review the opinion and evaluate its options in accordance with the merger agreement.”
Dow Chemical Co. and DuPont Co. say they're willing to make more business divestments as a way to nudge European regulators who remain wary of their proposed merger.
Currently operating in eight states, the firm was founded in 2000 by three executives who had previously worked at another local auto auctioneer, Carmel-based ADESA.
The deal would mark the end of Indianapolis-based Stonegate’s stint as a public company, which has largely disappointed investors since its IPO in 2013.
The Indianapolis-based retailer plans to take a pretax charge of as much as $36 million in connection with the sale of the money-losing business to a Los Angeles-based investment firm.
Global forces are swaying tech companies to delay or forgo going public, and acquisitions seem poised to play a bigger role in the exit strategies of Hoosier tech firms.
Candidates for initial public offerings are increasingly opting for mergers or private equity instead.
Here is a summary of notable Indianapolis-area mergers and acquisitions that closed in 2016 for which financial details were not available.
A five-year-old Indianapolis company that supplies liquefied natural gas to trucking companies, manufacturers and other customers is now under new ownership.
The Indianapolis-based drugmaker’s purchase of the biotech firm CoLucid Pharmaceuticals will give it access to a late-stage experimental medication for migraine headaches.
Founded in Indianapolis in 1951, Jay’s Moving Co. had been plotting the expansion outside of central Indiana for three years.
VCA operates more than 750 animal hospitals in the United States, including about 10 in the Indianapolis area.
Republic, which makes hollow metal doors and frames, had sales of $20 million in 2015.
The rift between merging health insurance companies Cigna Corp. and Anthem Inc. came further into public view Tuesday as transcripts of testimony from both chief executives were unsealed during a U.S. antitrust trial
Anthem Inc. fired back against U.S. claims that the health insurer’s planned $48 billion takeover of rival Cigna Corp. will undermine competition.
Anthem Inc.’s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers across the country, according to a witness in the U.S. government’s lawsuit to block the deal.
Fishers-based Bluebridge plans to begin operating under the Emplify name after selling its church and tourism app business units in separate transactions.
Investment banker John Reed had the foresight to move from the East Coast to Indiana just as a change in state law unleashed a tidal wave of bank mergers. He and his wife are retiring to Colorado to be closer to family.
3R Products & Services LLC, which has 30 employees, joins a publicly traded behemoth with an aggressive strategy of growth by acquisition.
The Flint business will become part of KAR’s Adesa unit, which offers wholesale used-vehicle auction services.
