Staples Inc. will be acquired by Sycamore Partners in one of the largest retail deals of the year, a wager that the office-supply chain is better off continuing its turnaround plan as a private company.
The mega-merger is set to create a huge publicly traded agricultural company that would be based in Delaware but have major operations in Indianapolis.
Compton Mechanical Systems Inc., a 35-year-old Indianapolis-based contractor, has merged with Comfort Systems USA’s Indiana subsidiary.
Tuesday's closure of the sale ends Yahoo's 21-year history as a publicly traded company. It also ends the nearly five-year reign of Yahoo CEO Marissa Mayer, who isn't joining Verizon.
Just weeks after abandoning its proposed $48 billion merger with rival Cigna Corp., the Indianapolis-based health insurer is looking for its next deal. But this time, it is likely to be much smaller.
The sale marks the end of Stonegate’s stint as an Indianapolis-based public company. A number of Stonegate executives resigned from their positions just prior to the completion of the merger.
In interview with IBJ, Genesys President Tom Eggemeier says the company is pleased with its Interactive Intelligence acquisition and plans to ramp up its local headcount.
InterDesign Inc., one of the city’s 10 largest architectural firms, has been acquired by Cleveland-based K2M Design Inc., the companies announced Monday.
Anthem says it is giving up on the $48 billion purchase in the wake of a Thursday court ruling giving Cigna the right to walk away. The Indianapolis-based insurer says Cigna is not entitled to collect a $1.85 billion breakup fee.
The decision makes it virtually impossible for Anthem to salvage the merger and means the insurer could be on the hook for $1.85 billion in breakup fees and $13 billion in damages to Cigna.
Could Sinclair Broadcasting Group make staffing cuts and/or push the stations to the political right?
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.
