Right of first refusal splits Court of Appeals
A dispute over contract language divided the Indiana Court of Appeals to the point where judges could not agree whether the case was one of first impression.
Mergers & Acquisitions
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Appeals court upholds decision to block Anthem bid for Cigna
A federal appeals court on Friday left in place a decision blocking Indianapolis-based Anthem Inc.’s bid to buy rival health insurer Cigna Corp, saying that a bigger company is not better for consumers.
Interactive investor files class-action suit against $1.4B sale
An Interactive Intelligence Inc. shareholder has sued the Indianapolis-based company and its board members over the firm's forthcoming $1.4 billion sale to another company, claiming that Interactive's value far exceeds the price and that the deal precluded competing offers.
Law firm mergers slow in third quarter
Another record year for law firm combinations in the U.S. may not happen after all. The number of mergers slowed considerably over the summer after a very active first half of 2016, according to Altman Weil MergerLine.