Mergers


Kelly, Parson Sign Border War Agreement

Businesses expecting special tax incentives to make a move from South Kansas City to Overland Park, or from Lee's Summit to Lenexa, are out of luck. Kansas Gov. Laura Kelly and Missouri Gov. Mike Parson just signed an agreement between… more

Gov. Parson Has a Democratic Challenger

Missouri State Auditor Nicole Galloway, a Democrat, has put her hat in the ring to challenge Republic Gov. Mike Parson for the office in the August of 2020 election. Galloway, from Columbia, late last month publicly asked Parson to take… more

Insurance/Benefits Broker Truss Sold to Hub International

Chicago-based Hub International Limited announced this morning that it had acquired Truss, one of the Kansas City region's largest private insurance brokerages.  Terms of the transaction were not disclosed. [caption id="attachment_22482" align="alignleft" width="140"] Paul Cohen[/caption] Truss, formerly known as Cretcher… more

Sprint Loss Shrinks in First Quarter

Overland Park-based Sprint reported a first-quarter loss in the midst of its merger with T-Mobile, but its results were better than the prior financial period. The wireless carrier's first-quarter net loss came in at $111 million, down from what was… more

Metro’s Largest Private Company Just Got Bigger

Dairy Farmers of America, the largest private company in the Kansas City metropolitan area, has added another organization to its portfolio. A majority of the 360-farm board of St. Albans Cooperative Creamery, in Vermont, voted to merge with DFA.  The… more

DOJ Gives Nod to Sprint, T-Mobile Merger

It's almost a done deal as far as the federal government is concerned. The U.S. Department of Justice granted approval of the merger between Overland Park-based Sprint Corp. and T-Mobile US, of Bellevue, Wash., which the companies say will create… more

Isle of Capri Casino Trading Hands, Planned for Overhaul

Eldorado Resorts, which is in the process of buying Harrah's North Kansas City as part of its bigger agreement to purchase Caesar's Entertainment, is now selling Isle of Capri Casino.  The sale is to Providence, R.I.-based Twin River Worldwide Holdings,… more

Wichita Firm Now Owns Sprint Campus

Wichita-based Occidental Management has closed on its purchase of the Sprint headquarters in Overland Park, according to an announcement on its Facebook page.  The deal, which closed for an unspecified amount (it is appraised at $342 million, according to Johnson… more

Chateau Avalon In Bed With Choice Hotels

Chateau Avalon, a 61-room hotel near the Kansas Speedway in Kansas City, Kan., with uniquely themed suites such as "Camelot" and "Tuscany," has entered into a partnership with Rockville, Md.-based Choice Hotels, in which the latter lists Avalon under its… more

ProPharma Group Acquires Large Competitor

ProPharma Group has announced the acquisition of Washington D.C.-based The Weinberg Group, which also provides regulatory and compliance services to the pharmaceutical, biotech, and medical device industries. “This acquisition further solidifies ProPharma Group’s position as a leading, globally integrated pharmaceutical… more