Spinoffs

Dow Agro parent sets stage for sale or spinoffRestricted Content

March 29, 2014
J.K. Wall
Dow AgroSciences LLC is likely to become a stand-alone public company in the next three years, according to some Wall Street analysts—if the wunderkind division of Dow Chemical Co. lives up to sky-high expectations.
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Can Simon’s mall spinoff become a growth company?

January 4, 2014
Greg Andrews
There’s not a lot of sizzle among the 54 strip shopping centers and 44 enclosed malls that Simon Property Group Inc. plans to spin off into a new public company early next year.
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Fast-growing appraisal firm evolves from subprime pastRestricted Content

February 23, 2009
Cory Schouten
One of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business based in Indianapolis.
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Duke Realty star starts new companyRestricted Content

December 1, 2008
Aasif Bade started Ambrose Property Group with three employees this month.
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Voice-mail firm's latest product helps clients collect overdue debtsRestricted Content

December 1, 2008
Scott Olson
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity for Vontoo Inc., a local IT firm.
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Self-serve chili could help Charlie & Barney's grow nationallyRestricted Content

November 24, 2008
Sam Stall
Charlie & Barney's is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience stores.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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