ARTICLES

Mall retailer Deb Shops facing possible closure

Deb Shops, a woman's clothing retailer with stores in three area malls, has filed for bankruptcy protection for the second time in three years and could close its stores.
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Research firm Covance to be acquired in $6.1 billion deal

Covance manages clinical trials for drugmakers including locally-based Eli Lilly and Co. It employs about 1,500 workers in Indianapolis and Greenfield.
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Jimmy John’s says hacker stole credit-card data at 216 stores

The data breach affected a dozen stores in Indiana, including four in Indianapolis and one in Carmel.
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Dwindling traffic led to bankruptcy filing, toll road operator says

The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection Monday as expected after dwindling traffic soured a $3.8 billion bet on a 75-year lease.
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Examiner appointed in HDG Mansur bankruptcy case

An examiner will be appointed to conduct an investigation into the bankruptcies of two affiliates of troubled Indianapolis-based developer HDG Mansur. A judge, for the time being, denied a request to appoint a Chapter 11 trustee or convert the case to a liquidation in Chapter 7.
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Simon spinoff plans $4.3B merger with Ohio mall firm

Washington Prime Group Inc. has agreed to buy Glimcher Realty Trust of Columbus, Ohio, in a deal valued at about $4.3 billion when including assumed debt. As part of the transaction, Simon Property Group will acquire two malls for $1.09 billion in cash.
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Liquidation not needed, developer HDG Mansur tells court

Two affiliates of troubled Indianapolis-based developer HDG Mansur oppose requests to appoint a Chapter 11 trustee or convert the case to a liquidation in Chapter 7, saying significant progress has been made toward a plan and global settlement of claims.
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After WISH drama, CBS reaches deal with Lin for other affiliates

CBS Corp. has agreed to renew affiliation agreements for 12 stations owned by Lin Media after it played hardball with the company and dropped its ties with WISH-TV in Indianapolis.
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WellPoint to change corporate name back to Anthem

The name change will be completed by the end of the year, pending shareholder approval, the company said Tuesday.
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Struggling hospital finds buyer, enters bankruptcy protection

Bloomington’s Monroe Hospital, which has had a close relationship with Indianapolis-based St. Vincent Health, filed for bankruptcy reorganization on Friday and plans to sell its business to a Canadian operator.
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