-->

Mergers

KC Demand for Office, Industrial Space Remains Steady in Q3

Tenants in the office and industrial sectors of commercial real estate haven't stopped leasing space in 2019, despite a lot of chatter about a coming slowdown in the U.S. economy, according to new reports by brokerage firm JLL. On the… more

State AG Lawsuits Against Sprint, T-Mobile Merger Keep Coming

Pennsylvania is the latest state to join a coalition of 18 attorneys general suing to challenge Sprint's merger with T-Mobile, and an analyst said that if they are successful in court, T-Mobile would likely back out of the deal.  “The… more

It’s For Real: John Sherman Buying the Royals

The Kansas City Royals will soon have a new owner, after less than a week of speculation that long-time Kansas City businessman John Sherman near a deal to acquire the team. Sherman, currently a minority owner of the Cleveland Indians,… more

The Royals Fate: From Fear to Excitement

When Matt Condon first heard a rumor earlier this week that the Kansas City Royals were being acquired, his first reaction was: Uh-oh... Then the CEO of Bardavon Health Innovations--and former chairman of the Greater Kansas City Chamber of Commerce--heard… more

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