Articles

Muncie-based glass maker to be sold for $1.6B

Ardagh Group said it has agreed to buy Indiana-based glass bottle and jar manufacturer Verallia North America, which has about 4,400 employees at 13 manufacturing plants in the United States, including more than 650 workers in Indiana.

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Plenty of turbulence ahead, despite Republic’s progress

Analysts are impressed by Bedford’s cost-cutting achievements at Republic’s scheduled-service carrier, Frontier Airlines, and his early progress in restructuring its Chautauqua unit, which flies small regional jets on contract for branded carriers.

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ExactTarget eyed as attractive takeover target

Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.

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Defender Direct acquires Williams Comfort Air

Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.

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WellPoint dragged into Goldman Sachs suit

WellPoint Inc.’s $4.9 billion offer for Virginia-based Amerigroup Inc. apparently wasn’t the only—or even the most lucrative—offer for the Medicaid managed care company. But it was the deal surest to come to fruition before a key deadline for a big payout for Goldman Sachs & Co., according to a shareholder lawsuit filed Aug. 16 against the Amerigroup board of directors.

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