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Deals
Cummins sells exhaust business to Global Tube
January 25, 2011
Associated PressCummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company
of the Chicago-based private equity firm Wind Point Partners.
MoreRatio Architects acquires North Carolina firm
January 10, 2011
Scott OlsonRatio Architects Inc., the area's fourth-largest architectural firm, has acquired Cherry Huffman Architects in Raleigh, N.C.
MoreAudiovox agrees to buy local speaker maker Klipsch
January 7, 2011
IBJ StaffAudiovox said in a statement, though, that the deal is "subject to a number of contingencies." Indianapolis-based Klipsch
was founded in 1945 and has 130 local employees.
MoreShareholders approve FinishMaster deal
January 7, 2011
IBJ StaffFinishMaster Inc.’s shareholders this week approved a deal to sell the Indianapolis-based company to a subsidiary of
Uni-Select Inc. for $172 million.
MoreUPDATE: Aprimo will stay put after $525M acquisition
December 22, 2010
Chris O'MalleyMarketing software company Aprimo Inc. will stay in Indianapolis after being sold for $525 million to Dayton, Ohio-based based
data storage giant Teradata Corp., Aprimo CEO Bill Godfrey said Wednesday.
MoreSoftware firm Aprimo to be sold for $525M
December 22, 2010
IBJ Staff and Associated PressIndianapolis-based marketing software maker Aprimo Inc. will be sold to an Ohio data-storage company for $525 million, Teradata
Corp. said Wednesday. Aprimo, led by co-founder Bill Godfrey, pulled plans to go public two years ago.
MoreGlick partnership buys Maxwell apartment building
December 21, 2010
Scott OlsonGene B. Glick Co. and Milhaus Development LLC have purchased The Maxwell from Star Financial Bank. Located at 530 E. Ohio
St., the project originally was developed as condos by Kosene & Kosene.
MorePrudential Indiana adds two Coldwell Banker offices
December 20, 2010
Scott OlsonBringing Carmel and Avon offices under the Prudential brand should help the agency increase its presence in the metropolitan
area, particularly on the west side.
MoreBritish mall owner rejects Simon financing plan
December 13, 2010
Bloomberg NewsCapital Shopping Centres Group Plc, Britain’s biggest shopping-mall owner, rejected a financing plan that would have
given potential suitor Simon Property Group Inc. a larger stake in the company.
MoreFinishMaster to be acquired in $172M deal
December 10, 2010
IBJ StaffIndianapolis-based FinishMaster Inc. announced late Thursday it will be acquired by a unit of Uni-Select Inc. of Canada for
$172 million.
MoreLacy company takes stake in Oregon logistics firm
September 18, 2010
IBJ StaffLDI Ltd. has acquired a majority position in Portland-based Oregon International Air Freight Co.
MoreExactTarget acquires Australian distributor
August 24, 2010
E-mail marketing firm's purchase of mPath gives company a presence in Australia, New Zealand and Asia. The acquisition is
the third for ExactTarget in the past year.
MoreCasino operator Centaur aims to exit bankruptcy much leaner
August 21, 2010
Scott OlsonCentaur plans to sell a casino west of Denver and a stalled casino development near Pittsburgh.
MoreLocal union boss on GM talks: 'They're forcing this upon us'
July 1, 2010
J.K. WallNegotiations for wage cuts meant to grease the sale of a General Motors stamping plant slated for closure will proceed over
public protest of 650 local union
workers.
MoreUPDATE: Stamping plant suitor gets time to negotiate
June 30, 2010
J.K. WallThere’s more time for Illinois-based JD Norman Industries to hammer out a deal to buy a General Motors stamping plant
in Indianapolis, potentially saving hundreds of local jobs.
MoreUnion leaders meeting with GM plant bidder
June 30, 2010
J.K. WallUnited Auto Workers official Maurice "Mo" Davison is making one last attempt
to put a deal together for a Chicago-area firm to buy the General Motors stamping plant southwest of downtown Indianapolis,
which is slated to close in 2011.
MoreSmulyan buyout plan could take Emmis full circle
June 5, 2010
Greg AndrewsThe going-private deal he worked out—with New York-based Alden Global Capital—could result in another public offering
five years from now.
MoreHat World to acquire Sports Avenue stores
May 27, 2010
IBJ StaffLocally based Hat World has agreed to acquire the assets of Sports Avenue, an Illinois-based competitor that operates 46 retail
stores and 13 branded e-commerce sites. Terms of the deal where not disclosed.
MoreCEO Smulyan gets OK to take Emmis private
May 26, 2010
IBJ Staff and Bloomberg NewsEmmis Communications Corp. agreed to be acquired for about $90 million by closely held JS Acquisition LLC, a company formed
by Emmis CEO Jeff Smulyan.
MoreTimmy Foundation to absorb doctor's Nigerian mission
May 22, 2010
IBJ StaffThe foundation, founded by Dr. Chuck Dietzen, will absorb the Mercy Foundation, started by Dr. Mercy Obeime, in July.
MorePrivate water, sewer utilities propose sale to Cumberland
May 15, 2010
IBJ StaffGem Utilities Inc. and Gem Water Inc. have offered their sewer and water operations to the town of Cumberland for $6 million.
MoreApartment sellers testing market again
May 11, 2010
Tom HartonSeveral apartment properties are back on the market as owners try to appeal to private investors looking for deals before
higher interest rates and inflation dampen their enthusiasm.
MoreSimon shares surge despite failed General Growth deal
May 10, 2010
IBJ Staff and Associated PressSimon’s rise suggested investors believe the company will be just fine without General Growth Properties Inc., the Chicago-based
rival it had been pursuing for months.
MoreBiglari Holdings targets auto-parts chain
May 3, 2010
Cory SchoutenThe parent company of Steak n Shake restaurants is angling to acquire a huge stake in the Advance Auto Parts chain.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.