Kansas
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…
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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…
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Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company's officials said during its second-quarter earnings call. The layoffs and move toward outsourcing are expected to be…
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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…
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A small Lenexa-based engineering-solutions firm is quickly grabbing the attention of some very big players. Enduralock, which makes industrial fasteners, was recently named a winner of NASA's iTech Cycle I forum, which recognizes innovative companies that provide solutions for both…
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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…
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Aranta Therapeutics, a Leawood-based pet-pharmaceutical company, is being acquired by Elanco Health Animal Health, based in Indiana, for about $254 million, in a deal recently approved by the former's shareholders. After the acquisition, Artana, which was ranked first in Ingram's…
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The end of the 'border war' in the the Kansas City metro area that gives tax incentives to businesses to cross the state line could soon come to a close if Kansas government adopts a proposal to stop the practice.…
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[caption id="attachment_12279" align="alignleft" width="300"] Hagedorn in 2017.[/caption] Michael Hagedorn, the former president and chief executive officer of UMB Financial Corp., is now the chief financial officer of Valley National Bancorp, based in Wayne, N.J. Hagedorn unexpectedly left UMB last year…
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Co-working, or office spaces used by multiple different companies, is an international trend that has taken off over the last few years, and Kansas City has experienced its impact. Possibly the two most visible examples are Plexpod Westport Commons, in…
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