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.
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.
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 The offer will be withdrawn if Simon is unable to meet with Macerich to negotiate terms of an agreement by April 1.
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.
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.
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.
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 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 technology firm Emerging Threats Pro LLC has reached an agreement to be acquired by Sunnyvale, California-based Proofpoint Inc., the companies announced Monday morning.
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 Inc. has closed its purchase of Florida Medicaid managed care provider Simply Healthcare Holdings Inc. for an estimated $1 billion.
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.
Staples Inc. plans to acquire Office Depot Inc. in a deal that will reduce the U.S. office-supply industry to a single major chain and test the limits of antitrust regulators.
A franchisee that started with three Domino's stores in South Mississippi 34 years ago is buying 45 stores in Indiana from Bob Taylor, who owns more than 70 stores in the Hoosier state.
Look here to see a compilation of deals affecting Indianapolis-area companies last year. Also see whether the area is gaining or losing more than its share of headquarters.
Just call 2014 the year of the corporate spinoff frenzy. And 2015 might be just as crazy.
Eli Lilly and Co. wants to combine Novartis with its own animal health business, Elanco, to create the second-largest animal health company in the U.S.
Indianapolis-based TPG Marine Enterprises LLC announced Thursday that it has acquired Chicago Dry Dock, a shipyard near Lake Michigan founded in 1979.
A Covance Inc. investor contends in a lawsuit that the drug-testing company’s board erred in relying on what the shareholder called Goldman Sachs Group Inc.’s conflict-tainted advice. Covance has major laboratory operations in Indianapolis.
Distribution business HP Products Corp., a 450-employee company founded in Indianapolis in 1964, is now owned by Virginia-based Ferguson Enterprises Inc., the companies announced Tuesday.
