Charter’s cable buy faces easier road than Comcast’s
Charter Communications Inc.’s proposed purchase of Time Warner Cable Inc. faces fewer hurdles to U.S. regulatory approval than Comcast Corp.’s ill-fated bid to buy the No. 2 cable provider.
Mergers & Acquisitions
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Private equity fund buying iconic Frisch’s Big Boy chain
Frisch's Big Boy restaurants are being sold to a private equity fund, ending family ownership of a Cincinnati-based chain that dates to 1948.
Report: Microsoft considering bid for Salesforce.com
Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.
Charter negotiates ‘in good faith’ to save Bright House deal
Charter Communications Inc.’s deal to buy Bright House for $10.4 billion is now in jeopardy because it had depended on Comcast Corp. closing its now-defunct merger with Time Warner Cable Inc.
Salesforce seen as attractive, if pricey, target for cloud push
Salesforce.com Inc., the software provider that has hired bankers to field takeover offers, would make sense as a partner for a buyer willing to spend a lot to become the leader in cloud computing.
GreatLand Connections doomed by failed cable merger
GreatLand Connections would have been the fifth largest cable company in the United States, with more than 2.5 million subscribers, including 344,400 in the Indianapolis area.
FCC also opposed to Comcast-Time Warner cable deal, source says
Representatives of the two biggest U.S. cable companies were told that FCC officials are leaning against the merger, according to a person with knowledge of the situation. The merger, if completed as planned, would shake up the cable industry in central Indiana.
Antitrust lawyers said to be leaning against Comcast merger
Staff attorneys at the U.S. Justice Department’s antitrust division are nearing a recommendation to block Comcast Corp.’s bid to buy Time Warner Cable Inc., according to people familiar with the matter.
Simon Property retools growth plan after setback with Macerich
The company missed out on a rare opportunity that would have brought dozens of high-end malls into the fold, but it still has solid growth opportunities without the $23.2 billion deal, analysts say.
Dow Chemical strikes $5 billion chlorine deal with Olin
The parent to Indianapolis-based Dow AgroSciences LLC agreed to sell almost all of its chlorine business, the world’s largest, to Olin Corp. in a $5 billion deal as it pares less profitable products.
UPDATE: Simon increases bid for Macerich to $23B in ‘final offer’
By buying Macerich, the largest U.S. mall owner would expand its holdings on the West Coast and add top-tier properties that rarely come up for sale. The offer will be withdrawn if Simon is unable to meet with Macerich to negotiate terms of an agreement by April 1.
Simon seen likely to boost Macerich buyout bid after rejection
Macerich Co.’s rejection of a $16 billion buyout offer and adoption of takeover defenses leaves Simon Property Group Inc. with few options but to make a higher bid to win the mall landlord.
Macerich rejects Simon Property’s $22.4B takeover bid
California-based mall owner Macerich Co. has rebuffed an unsolicited takeover bid from Simon Property Group Inc., saying it substantially undervalues the company and raises antitrust concerns. Analysts and investors expect Simon will make a higher bid.
Springleaf CEO’s holdings surge to $151M on OneMain deal
Stock held by Springleaf Holdings CEO Jay Levine soared Tuesday after the Indiana-based firm said it would buy OneMain Financial from Citigroup. Still uncertain was how the deal would affect 1,155 Indiana employees after the company moves it headquarters.
Defender Direct sells Williams Comfort Air to old owners
Carmel-based WCA Group LLC has acquired Williams Comfort Air and Mr. Plumber from Defender Direct, which wants to concentrate on its core business of security and home automation.
Springleaf to move HQ out of state after $4B acquisition
Springleaf Holdings Inc.,a consumer lender that went public in 2013, plans to move its headquarters from Indiana to Connecticut after buying subprime lender OneMain Financial for $4.25 billion in cash.
Carmel-based tech security firm acquired for $40M
Carmel-based technology firm Emerging Threats Pro LLC has reached an agreement to be acquired by Sunnyvale, California-based Proofpoint Inc., the companies announced Monday morning.
Remy to acquire Ohio steering-system manufacturer
Pendleton-based Remy International Inc. announced Thursday that it plans to acquire Maval Manufacturing Inc., a steering-system maker that employs about 210 people in northeast Ohio.
Anthem finishes deal for Medicaid provider Simply Healthcare
Anthem Inc. has closed its purchase of Florida Medicaid managed care provider Simply Healthcare Holdings Inc. for an estimated $1 billion.
As Comcast prepares to exit Indy, questions abound
Comcast, the nation’s largest cable company, is looking to expand with its proposed $45 billion acquisition of Time Warner Cable. But customers in central Indiana won’t come along for the ride. To ease antitrust concerns, Comcast plans to hand 2.5 million customers to a new spinoff called GreatLand Connections.