Indianapolis Business Journal

MARCH 12-18, 2012

This week, read about the Indiana Pacers' plans for ticket pricing and see what is posing a challenge to Republic Airways' turnaround plans. In Focus, meet Deron Kintner and find out how he's helping to transform Indianapolis. Lou Harry reviews IRT's "God of Carnage" in A&E, and a PGA exec outlines a course for the resurgence of the sport in the latest Golf & Travel magazine.

Front PageBack to Top

Allison’s private-equity owners to get IPO spoils

When Allison Transmission Holdings Inc. a year ago filed plans to go public, it said some of the proceeds would go toward reducing billions of dollars in debt. But, in an updated filing with the SEC, the company reversed course, saying all of the more than $500 million that’s expected to be raised would go to its private-equity owners.

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Top StoriesBack to Top

Foundations try to tap grain farmers’ wealth

The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.

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FocusBack to Top

OpinionBack to Top

SKARBECK: Go all-in on stocks to avoid bond risks

The symbolic pie charts marketed to investors with multiple colored slices—each representing the percentage investors need in all the various categories of stocks, bonds, commodities, real estate and alternative investments—had suddenly turned into one solid color.

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Vaccinations save lives

I read with shock Anita Y. Woudenberg’s [March 5 Forefront] column on vaccinations and find it irresponsible for the IBJ to print something so misleading, factually weak and potentially dangerous.

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We don’t know what we don’t know

I take no issue with the premise [March 5 Maurer column] that politics far too often prevail over wisdom, but his argument that “religious right groups are manipulating religion to further their intolerant political agendas” is far too short-sighted for a man of his character and wisdom.

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In BriefBack to Top

Developer breaks ground on Bush Stadium project

The project by developer John Watson’s Core Redevelopment calls for preserving the stadium’s historic façade and shell as part of the 131-unit Stadium Lofts apartments, along with an adjacent 132-unit apartment community called Stadium Flats.

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Lilly to try again to remove poison-pill provisions

Eli Lilly and Co.’s board is once again recommending the removal of a provision that makes the company an almost impossible target for hostile takeovers. The same proposal has fallen slightly short at each of the past two annual shareholder meetings.

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Arcadia: Don’t buy our stock

Arcadia Resources Inc. is telling shareholders not to buy its stock because it is out of cash and faces a $40 million pile of debt that comes due on April 1.

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Carbon Motors says DOE won’t give it $310M loan

Carbon Motors Corp., which hoped to create hundreds of jobs and thousands of high-tech, fuel-efficient police cars in Indiana, said the U.S. Department of Energy is not going to give the company a critical $310 million loan.

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It’s official: Colts to release 4-time MVP Manning

In announcing the release of quarterback Peyton Manning on Wednesday, a tearful Indianapolis Colts owner Jim Irsay explained “circumstances were too difficult to overcome.” Beginning his departure from the Colts, the future Hall-of-Famer told Indianapolis, “I truly have enjoyed being your quarterback.”

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