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Mergers

Sprint to Sell Headquarters, Lease Back the Space It Needs

In a move that heralds the changing nature of Sprint's relationship with the region, the telecom giant has announced its plans to sell its Overland Park campus and lease only the space the company needs. Sprint's CEO, Michel Combes, announced… more

DST Systems to Sell for $5.4 Billion

As it turns out, the 2014 purchase of DST Global Systems by SS&C was just an encore act: The Connecticut-based technology company announced this morning that it would pay $5.4 billion to acquire DST Systems, one of Kansas City's biggest… more

KU Health System Adds Topeka’s St. Francis

 The University of Kansas Health System and Ardent Health Services have announced completion of their purchase of St. Francis Health, a move that will keep the financially struggling Topeka hospital's doors open. In a news release issued this morning, the… more

Mariner Sells Tortoise Unit

Tortoise Investments, one of the region's largest wealth-management institutions and a subsidiary of Mariner Holdings, is being acquired by a Los Angeles-based private equity firm, Lovell Minnick Partners, and members of the Tortoise management team, the firm announced this morning. … more

AMC Increases Its Global Footprint

AMC Theatres, headquartered in Leawood, Kansas, is now the world’s largest theatre exhibitor, having completed its acquisition of Carmike Cinemas. The deal, reported by AMC at approximately $1.1 billion, including the assumption of Carmike debt, puts AMC in control of… more

Academy Bank and Merit Bank to Merge

Paul Holewinski, CEO of Dickinson Financial Corporation announced today that Dickinson will acquire Community Bancshares of Kansas, owner of Merit Bank—a $104 million community bank with centers in Overland Park, Olathe and Goff, Kansas. Upon completion of the of the acquisition… more

IT Acquisition Recognizes Kansas City Market Quality

Kansas City’s reputation as an up-and-coming technology hub with today’s announcement that Contegix—a provider of application hosting, cloud, and managed IT infrastructure solutions—has acquire KC-based Admo.net Web Services, LLC. Admo is a local provider of cloud, servers, storage, and other… more

Great Plains Announces Post-Merger Leadership Team

Confident that their acquisition of Westar Energy, Inc. will be completed on schedule in spring 2017, Great Plains Energy (NYSE: GXP) announced today the leadership that will be in charge when Kansas City Power & Light (KCP&L) and Westar have… more

Kansas Newspaper Publisher Sold to Investment Group

Harris Enterprises, Inc.—a Kansas-based publisher of local publications for Central Kansas and Eastern Iowa—has been acquired by New Media Investment Group Inc. (NYSE:NEWM) for $20.4 million after being privately held for over 100 years. Among the titles included in the… more

Spencer Fane Increases Attorney Presence in Denver

Kansas City’s Spencer Fane LLP announced today that it is bringing 30 attorneys on board by welcoming Denver’s 70-year-old Berenbaum Weinshienk law firm as part of the extended Spencer Fane team. The combination more than doubles the Spencer Fane attorney… more