Morning Minutes: Epiq buys Iris for $134 million, House says no to Senate budget

Photos courtesy Creative Commons
Photos courtesy Creative Commons

Here are this morning’s top business headlines from across Missouri:

Epiq to buy Iris in $134 million marriage of KC legal tech firms

Epiq Systems will pay $134 million for Iris Data Services in a combination of two Kansas City-area companies that provide technology products and services for the legal industry.

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Missouri House rejects Senate version of state budget

After the Missouri Senate approved a $26.1 billion state budget early Wednesday in a marathon session delayed by a filibuster that lasted more than five hours, the Missouri House took little time in rejecting changes senators made to 12 of the 13 budget bills.

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DST Systems unit acquiring Colorado firm for $65 million

ALPS Holdings, a financial services company owned by Kansas City-based DST Systems Inc, will pay $65 million to acquire a private equity firm from the Denver area.

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Struggling steelmakers seek changes in fight over imports

The industry wants Congress to reconsider how trade cases are reviewed, focusing on lost jobs and production instead of focusing on profit levels, as regulators have traditionally done.

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Bloch Foundation gives $11.7 million for Nelson-Atkins renovation

Kansas City’s Bloch Family Foundation will fund an $11.7 million renovation of the city’s Nelson-Atkins Museum of Art to house an expanded impressionist and post-impressionist collection.

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