The media is fascinated by what he’s up to, as the nation’s largest shopping mall owner teams with partners to buy ailing retail chains while negotiating with Amazon to fill vacant anchor spaces with distribution centers.
Even though the S&P 500 is near a record high, just 15 of 55 Indiana public companies tracked by IBJ are up for the year.
British retailer JD Sports Fashion has had the Midas touch elsewhere in the world. Now, two years after gaining a foothold in the United States by buying Indianapolis-based Finish Line Inc. for $558 million, it’s beginning to show the same winning ways in this country. “I think you would have to say it has been a […]
The Carmel-based insurer for years has been managing the fallout of a deal it cut in 2013 that was supposed to reduce risk but instead blew up in spectacular fashion.
David Simon and Bobby Taubman are battling now in court over whether Simon Property Group is obligated to complete the $3.6 billion purchase of Michigan-based Taubman Centers that it announced in February.
An investment group led by finance-industry veterans V.J. Dowling and David Delaney owns 7% of Protective’s voting stock and had proposed buying the remainder for more than $44 million.
Retail landlords received quite a jolt when they discovered that some of the most lustrous names in retail want pandemic-related rent concessions like those being offered to struggling tenants.
Signaling a legal brawl lies ahead, Taubman said Simon “continues to be bound to the transaction in all respects.”
The one-two punch of the pandemic and protest-related violence raises questions about whether downtown can recover. Experts and community leaders say yes—but only with concerted effort and strong leadership.
The owners of Centos Shoes, Red’s Classic Barber Shop and J. Benzal Menswear talked to IBJ about the damage their companies suffered after a violent weekend downtown and how they plan to move forward.
The shop, which opened in 2007, has been closed since March because of the pandemic. It aims to reopen Tuesday.
The combination of the pandemic and ransacking of his business has been hard for the owner of the nearly 50-year-old shop to take.
The company is one of many across the globe in a mad rush to develop radioligand therapies for cancer treatment—a field that’s expected to see explosive growth.
The business—formerly Baldwin & Lyons Insurance—is one of central Indiana’s oldest public companies.
Rating agencies, which already ranked Steak n Shake on the lowest rungs of their creditworthiness ladders, further sounded the alarm bells in recent weeks after Steak n Shake paid off some of its debt at a discount—something a lender never would agree to if it thought it was going to be paid in full.
Some lawmakers and policymakers have complained that Paycheck Protection Program loans ended up in the hands of larger, publicly traded companies at the expense of small businesses that need them most.
The virus-wracked federal prison system has been broadening the ranks of inmates eligible for transfer to home confinement as officials seek to limit the spread of the coronavirus.