Indianapolis Business Journal

MAY 17-23, 2010

This week, see what's next for Simon Property Group after its failed bid for a Chicago-based rival and read about IU's efforts to commercialize more of its research. In Focus, see what's on the horizon for rates at local law firms. And in A&E, etc., see what's on Style columnist Gabrielle Poshadlo's 2012 reading list.

Front PageBack to Top

Resurgent Finish Line eyes plan for cash hoard

Finish Line Inc. is working to deploy the money it has built up through cost-cutting. The 684-store
chain plans to reinvest in its core business, return cash to shareholders through higher dividends and share repurchases,
and diversify its business.

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Top StoriesBack to Top

Simon biding its time after failed bid for rival

Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.

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IU targets tech-transfer gap

Indiana University is showing signs that it’s finally serious about translating research into commercial product, through
grants it is awarding via its $10 million Innovate Indiana Fund and by developing a computing technology mini-campus.

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Renamed Conseco OK with less-flashy future

CNO Financial Group Inc., known as Conseco Inc. until May 11, has become almost the polar opposite of what it was under flashy co-founder
Steve Hilbert. Instead of high-octane growth driven by merger deals, CNO Financial has returned to profitability
by selling low-dollar products and emphasizing low-cost operations.

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Unorthodox pay package puts Biglari on defensive

Sardar Biglari, chairman and CEO of Biglari Holdings Inc., the Texas-based parent of Steak n Shake, rolled out a hedge-fund-style
compensation plan for himself late last month that could put staggering sums in his pocket.

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FocusBack to Top

OpinionBack to Top

MAURER: Pack your bags … it’s time for camp

Mickey's Camp presents a chance to learn new skills or polish old ones, including backgammon, canoeing, badminton, darts,
bass fishing, fly fishing, golf, self-defense, magic, jewelry making, knitting, arts and crafts, and CPR.

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Veolia never shifted retirement costs

Veolia Water Indianapolis takes issue with last week’s (May 10) story on the Department of Waterworks’ (DOW)
rate case, and notes with regret that the reporter neglected to contact us on what is an important public issue.

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In BriefBack to Top

PROXY CORNER: First Merchants Corp.

First Merchants Corp. is a bank holding company that operates offices in Indiana and Ohio. For the year ended Dec. 31, 2009,
the company reported a net loss of $45.7 million, or $2.17 per diluted share, on $281.6 million in revenue.

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