In spite of all the consolidation lately among hospitals, Community Health CEO Bryan Mills says the future of hospital systems will hinge more on partnerships like the one Community struck last week on its rehab hospital.
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
A deal scheduled to close next month will give Cincinnati-based First Financial Bancorp the foothold it has long sought to build a major presence in the Indianapolis market.
In a time when capital for growth is hard to come by, acquisitions can provide a much-needed boost not only to an entrepreneur but also to our nation’s economic recovery.
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
One of the city’s largest and oldest law firms said Wednesday that it has completed its merger with Minneapolis-based Faegre & Benson LLP. It will operate as Faegre Baker Daniels beginning Jan. 1.
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase of the Indianapolis speaker maker in March.
Ice Miller is among the firms that merged this year and Baker & Daniels is exploring a merger.
Yearbook-and-class-ring maker Herff Jones on Aug. 1 bought Memphis-based Varsity Brands, the top supplier of cheerleader uniforms, as well as the force behind cheerleading’s evolution into a stand-alone sport. Varsity will bring Herff about $250 million in annual revenue through its uniform sales, training camps and competitions.
Stock-market swoon contributes to favorable terms on purchase of city’s water, sewer systems.
Indianapolis’ second-largest law firm could complete a deal with Minneapolis-based Faegre & Benson LLP in October. A need to get larger and to establish a regional presence is fueling the talks.
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
Pfizer Inc., the world’s biggest drugmaker, said it isn’t interested in breaking up its animal health unit after Indianapolis-based Eli Lilly and Co. expressed interest in buying some of its products.
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
Express Scripts Inc. agreed to buy Medco Health Solutions Inc. for $29.1 billion to become the largest pharmacy-benefits manager in the United States. Both have central Indiana operations.
It’s more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines and AirTran Airways.
The Connecticut-based company on Monday agreed to buy Sweden’s Niscayah Group AB for $1.2 billion—its biggest deal since Stanley Works’ $4.4 billion purchase of Black & Decker Corp.
Battered by stagnant population growth and blue-collar job loss, Howard Regional Health is merging with Indiana University Health—a deal that reflects the challenges faced by hospitals in Indiana’s outlying cities.
Frontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
