DEG wins abatement but 'left a ton of money on the table'

The Overland Park City Council on Monday voted 11-0 to grant digital marketing firm DEG a 10-year, 50 percent property tax abatement to keep the firm’s growing headquarters in the city.

The abatement, worth a total of $1.49 million, comes on top of the $2 million DEG will receive in state incentives, according to a cost-benefit analysis of the abatement request prepared by the Kansas Department of Commerce.

But Korb Maxwell, a Polsinelli PC attorney representing DEG, said the firm could have…

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Wall Street seems to view Sprint merger talks as inevitable

Wall Street investors already are behaving as though Sprint Corp. and its telecom peers will dive into merger talks when regulators unleash them in 10 days.

Reuters reports that looking at share prices can tell you the companies investors expect to start wheeling and dealing: Prices for Sprint (NYSE: S), T-Mobile US Inc. (Nasdaq: TMUS) and Dish Network Corp. (Nasdaq: DISH) have been soaring the past year in anticipation of potential mergers.

MORE: Get a live Sprint stock quote

Overland Park-based…

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Report: Cerner is clear No. 1 if VA selects new EHR program

Should the Department of Veterans Affairs selects an off-the-shelf electronic health records program to replace its in-house system, Cerner Corp.’s might offer the best option, according to a health care market research group.

MedCity News reports that a Black Book Market Research survey scored the North Kansas City company’s (Nasdaq: CERN) system tops overall and in each of 24 categories.

Black Book surveyed 30,000 EHR users on 24 performance metrics for five leading vendors, including Cerner,…

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Bass Pro puts a little less bait on the hook for Cabela’s

In a move to appease regulators, Cabela’s Inc. and Bass Pro Shops have agreed to a smaller sale price and to sell Cabela’s bank in a separate deal.

Reuters reports that Bass Pro, based in Springfield, Mo., now will buy Cabela’s (NYSE: CAB) for about $5 billion, or $500 million less than the price agreed on last year.

The Cabela’s bank will be sold separately to Synovus Financial Corp., which then will resell the credit card portfolio to Capital One Financial Corp., Reuters reports.

On…

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