News & Analysis

Sun Capital draining Marsh excess

Sun Capital Partners, Florida-based parent of Marsh Supermarkets, is unloading what it sees as excess real estate. Marsh put 19 properties on the market in late February for a total asking price of $10.6 million.
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Broker wants Lucas Oil to move HQ near airport

Marvin Miller is representing a landowner trying to sell 125 acres just north of Indianapolis International Airport. But Miller wants him to give away some of the property to persuade California-based Lucas Oil to move its headquarters there, jump-starting the stagnant area in the process.
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NBA set to OK more revenue sharing

A push from Indiana Pacers co-owner Herb Simon and seven other National Basketball Association owners is spurring league officials to adopt broader revenue-sharing measures. But those measures might not be enough to pull the Pacers out of the red.
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IU ready to pick insider for president's job

Indiana University appears poised to choose an internal candidate as president for the first time in 35 years . The decision could be announced within days. Two IU trustees confirmed that finalists include Michael McRobbie and Ora Pescovitz, well-known IU administrators.
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Bill would let utilities pass on more costs without rate hearings

Utility ratepayer groups say House Bill 1496, which is stuck in committee, is typical of what they see as a disturbing trend: allowing utilities to pass the cost of mandates directly to consumers. HB 1496 would require Indiana's coal-reliant electric utilities to generate at least 10 percent of their power from renewable energy sources like wind and landfill gas.
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Brightpoint's buy turns the tables

On Feb. 20, Plainfield-based cell phone distributor Brightpoint Inc. announced a blockbuster deal to buy Dangaard, its largest European rival, for $308 million, a reversal of fortunes from five years ago between the competitors.
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