An Indianapolis mother will be in court Thursday, accused of threatening to kill her 1-year-old son. According to police, Margaret Figley had been arguing with her boyfriend, who is the child’s father. Figley is in the Marion County Jail, charged with neglect of a dependent and criminal recklessness after dangling her child from a second-floor […]
Herb Simon, co-founder of Simon Property Group Inc. and co-owner of the Indiana Pacers, has joined with other investors to buy the Tucson Sidewinders, a Triple A baseball team, for $13.5 million. The other investors are Jerry Katzoff and Stuart Katzoff, a father and son from New York City. The new owners plan to move […]
Indianapolis-based Autobase Inc. has been acquired by Dominion Enterprises of Norfolk, Va. for an undisclosed amount. Autobase makes software used by the automotive retail industry. Its founder and president, Bryan Anderson, will continue to lead the operations here. The company employs 140, most here in Indianapolis. A call to Autobase was not immediately returned. Dominion […]
The group of private-equity firms that last week sweetened its offer to buy Biomet Inc. today began a tender offer to buy the Warsaw medical device maker’s shares for about $11.4 billion. The offer of $46 a share, which expires at the end of July 11, is contingent upon at least 75 percent of all […]
Indianapolis-based Angie’s List has received $9 million from current shareholders and bond financing that it will use to expand into 25 U.S. cities this year and Europe in 2008. Angie’s List already provides a listing of consumer opinions about businesses in 124 cities. The company said it planned to expand internationally this year, but has […]
IUPUI Chancellor Charles Bantz and Purdue University Provost Sally Mason are two of the four finalists vying to become president of the University of Iowa. Bantz, who has led the Indianapolis campus since 2003, will interview today and Friday, the University of Iowa said in a release. Mason, who has been provost at Purdue since […]
A Fishers couple has bought the franchise rights to open boxing-themed men-only hair salons in Indiana. The Texas-based franchise chain, called Knockouts Haircuts for Men, provides haircuts, message therapy, manicures and hair waxing by female stylists wearing boxing uniforms. The couple, Alan and Marena Boyton, are expected to open their first stores late this year. […]
Jeffersonville-based American Commercial Lines Inc. has lowered its earnings projection for the year to $1.45 to $1.65 a share, from the $1.75 to $1.95 it projected earlier in the year. The company reduced its projection on continued weakness in the spot grain markets and lower-than-expected productivity in the manufacturing industry. The marine transportation company also […]
Focus Group Inc. of Valparaiso plans to build a hotel and water park adjacent to the Cabela’s outdoor-goods store slated for the southeast corner of Interstate 65 and County Line Road. Nebraska-based Cabela’s this afternoon confirmed that it plans to build a 125,000-square-foot store at that location. Cabela’s has a deal to buy 104 acres […]
Most of an entire housing development going up just west of Muncie will be auctioned at a Delaware County sheriff’s sale, and the developer says a weak housing market is to blame, according to The Star Press. M&M Construction of Muncie, the developer of Laurel Meadows, said 38 undeveloped lots will be auctioned; 15 homes […]
The town of Schererville has approved the rezoning of 30 acres for commercial use, setting the stage for a proposed 350,000-square-foot lifestyle shopping center that would create about 2,800 jobs, reports the Times of Northwest Indiana. The developers of the Lake County outdoor mall are Jacksonville-based Regency Centers Corp. and Billings, Mont.-based Boyer Properties LLC. […]
As Indiana Gov. Mitch Daniels prepares for a likely second run for office, two prominent historians say he already has accomplished enough to go down in history as a change agent who raised controversy by ramrodding through an agenda that included passage of daylight-saving time and the $3.85 billion lease of the Indiana Toll Road. […]
Attendance at Conner Prairie’s first two events of the summer has shot up, boding well for total attendance numbers in 2007-the museum’s second year of independence from Earlham College. More than 8,000 guests showed up for Civil War Days, a two-day reenactment event, in late May, a 166-percent increase over the previous year, when rainy […]
The Metropolitan Plan Commission in Muncie last night unanimously approved rezoning 35 acres for a life science facility that would cost $70 million and create up to 170 jobs. However, the identity of the company or organization planning the project wasn’t made public, according to The Star-Press of Muncie. Speculation is circulating in the city […]
Chuck Schalliol, the state’s first budget director, will join Baker & Daniels next month, the Indianapolis law firm said today. The former Eli Lilly and Co. executive and BioCrossroads president, who is trained as a lawyer, will focus on life sciences, venture capital and corporate finance.
A group of private equity firms has upped its offer to buy Biomet Inc. after a Maryland shareholder advisory firm urged shareholders to reject the original bid of $10.9 billion. Biomet said today it accepted the $11.4 billion offer from LVB Acquisition LLC, Goldman Sachs & Co., Kohlberg Kravis Roberts and Texas Pacific Group. The […]
Minor injuries sustained by Poindexter Excavating Inc. employees on Friday resulted in the Indianapolis company stopping site work at the Honda Motor Co. assembly plant at Greensburg until Tuesday. A piece of equipment hit a truck, although the exact cause couldn’t be determined, according to the Greensburg Daily News. Work has resumed on the $550 […]
First-quarter sales at stores open at least a year fell 3.9 percent for Finish Line, the Indianapolis shoe and clothing retailer reported today. However, its Man Alive stores saw a 0.6-percent increase. Finish Line said it anticipates reporting a loss of 9 to 11 cents per share when it reports on June 28 financial results […]
