Mel Simon

Simon family's interests helped city thrive, but taxpayers paid the price

April 20, 2009
Cory Schouten
The Simon family's role in building the city has come at a steep price for taxpayers. Simon and its business interests in the last 20 years have collected local government incentives worth more than $400 million, an IBJ tally of those deals shows.
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Simons don't need our financial helpRestricted Content

February 23, 2009
The most important piece of leverage Mayor Ballard has in negotiating with the Pacers is being willing to let them go.
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Q&A: Herb Simon takes charge, says family is committed to PacersRestricted Content

June 30, 2008
Anthony Schoettle
Herb Simon is taking a new hands-on approach with the Indiana Pacers, which he co-owns with his brother, Melvin. In response to a string of losing seasons and off-court mishaps involving players, Simon is transforming himself from a behind-the-scenes owner into a visible figure intent on reconnecting the franchise with the community that once adored it.
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Simons poised to give estate to IURestricted Content

May 12, 2008
Cory Schouten
Billionaire philanthropists Mel and Bren Simon are laying the groundwork to donate Asherwood--their extravagant Carmel estate and golf course--to the Indiana University Foundation, potentially to house a new think tank. The couple plans to downsize into a home just outside the town square in the nearby Village of WestClay.
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Simons won't discuss succession plans for Pacers ownershipRestricted Content

March 31, 2008
Anthony Schoettle
Recently announced changes to the Indiana Pacers' front office leave questions about the team's long-term ownership unanswered. While Larry Bird, Pacers director of basketball operations, is set to take over for CEO Donnie Walsh at season's end, there is no indication what succession strategy, if any, exists for replacing team owners Mel Simon, 81, and Herb Simon, 73.
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