Compass Minerals' challenges continue as it deals with the fallout from two ventures: a lithium extraction plan and the acquisition of a fire retardant manufacturer.
A Kansas City man files a third lawsuit against his son arising out of a dispute about missing money. The father claims the son embezzled and then framed the father for the crime. So far, the son has been prevailing in court.
An activist investor proposed that Honeywell International divest two divisions, including one that operates the Kansas City National Security Campus, which employs about 7,000 people. Elliott Investment has a track record of success at forcing change at companies, including at another local player.
Wichita-based Emprise Bank is in the process of building a new Kansas City-area headquarters in the Crossroads Arts District, giving it more visibility, room to grow and community presence.
UMB’s and CrossFirst’s combinations rank among the industry’s top five M&A deals. That rare status reflects the changes afoot as institutions look to unlock greater scale and efficiency by joining forces. And it means you should expect more area banks to explore mergers or acquisitions.