Articles

Los Angeles wildfire imperils Emmis transmission site

A major wildfire north of Los Angeles is perilously close to Mount Wilson, home to transmission towers used by Indianapolis-based
Emmis Communications Corp. and other broadcasters. "Mount Wilson is at risk due to the wildfires, and we are
monitoring the situation closely," Emmis Chief Operating Officer Patrick Walsh said in an e-mail this morning.

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Southwest bids $170M for Frontier Airlines

Southwest Airlines Co. said today it’s bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.

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WellPoint stock bucks market plunge

News that the Obama administration might be willing to drop the idea of a government-run health insurance plan has given a big boost to Indianapolis-based insurer WellPoint Inc.

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BREAKING: Schrenker sentenced to 51 months in prison

Indiana money manager Marcus Schrenker was sentenced to 51 months in federal prison today in Florida on charges that he deliberately
crashed his plane to fake his own death and flee financial ruin, according to the Pensacola News Journal.

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Marcus Schrenker gets prison sentence

The Indianapolis money manager who crashed his plane and parachuted to safety in an elaborate scheme
to fake his death and flee financial ruin, has been sentenced to more than four years in federal prison.

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Express Scripts closer to $4.7B WellPoint deal

Express Scripts Inc. has cleared an
antitrust review for its planned purchase of Indianapolis-based WellPoint
Inc.’s pharmacy benefits management business, bringing the $4.7 billion deal
closer to completion.

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