Westfield Steel to acquire Ohio-based Remington Steel
Westfield Steel says the acquisition will allow it to expand both its capabilities and its customer base.
Westfield Steel says the acquisition will allow it to expand both its capabilities and its customer base.
Round Room LLC, which operates hundreds of stores under the name TCC (formerly The Cellular Connection), said the deal to acquire Wireless Zone of Rocky Hill, Connecticut, will expand its footprint to 1,160 stores in 41 states.
Bob Haddad started the box company in 1975. It since has branched out to a wide variety of products and several location in Indiana and Illinois with 300 employees total.
Michigan-based SpartanNash said part of the allure of Caito was its newly built, $32 million "Fresh Kitchen" in Indianapolis, which will process, cook and package fresh protein-based foods and complete meals.
Dow Agrosciences parent Dow Chemical Co. and DuPont Co. face further delays to their plans to create the world’s biggest chemical company
The home services marketplace did not specify it planned to sell itself, but hiring investment bankers is typically the first step in doing so. In a press release, CEO Scott Durchslag said only that the goal was “to achieve the full potential of our new platform.”
U.S. companies are cutting merger deals at a record pace even though antitrust regulators have moved to oppose several recent high-profile combinations.
The deal with an Arizona-based private-equity firm could take the small Indianapolis-based chain to 200 restaurants within the next four years, including locations in Japan.
The offer of $65.50 a share in cash represents a 19 percent premium to Cabela’s most recent closing price, the companies said Monday in a written statement.
Gannett Inc., publisher of The Indianapolis Star, has been actively pursuing an acquisition of the Chicago-based newspaper chain formerly known as Tribune Publishing, but has thus far been rebuffed.
Mike Simmons, one of the parking software company’s co-founders, said Thursday he will step down from his position as CEO following the closing of the deal.
The Justice Department, which is trying to stop a $48 billion merger between insurance giants Anthem and Cigna, said in a court filing that the firms are accusing each other of breaching their agreement, creating a “state of hostility” between the companies.
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
Tech observers said they view Interactive’s sale as a net positive for the city, mostly because exit events spur some employees to invest their money and talent in new places.
Health insurer Cigna Corp., which has an agreement to be acquired by Anthem Inc., won’t be able to sign customers for its private Medicare plans during the fall enrollment season because of an investigation by U.S. regulators.
The sale ends a 92-year run of ownership by the Peterson family, which opened the business five years before the onset of the Great Depression and built a preeminent position in the municipal bond business that continues today.
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
Supremex Inc. hopes to put its stamp on the Midwest by purchasing 88-year-old Bowers Envelope Co. Inc.
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
European antitrust officials decided this month to launch a full-blown investigation into the proposed merger Dow Chemical Co. and DuPont Co.