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Blackstone may join Simon’s bid for General Growth

Blackstone Group LP, the world’s largest private-equity firm, may join Simon Property Group Inc.’s bid to buy bankrupt
General Growth Properties Inc., according to two people with knowledge of the discussions.

Ballard’s high-risk IT project could save millions – or flop

Indianapolis Mayor Greg Ballard has decided to overhaul the city’s and county’s 1970s-era financial IT systems—a move
that could cement
his reputation for improving government efficiency. But the upgrade also is fraught with risk.

Simon’s $10 billion bid for bankrupt General Growth roils retailing

Simon Property Group Inc. already is known for playing hardball with mall tenants over rent. So national retailers like The
Gap Inc. and Limited Brands Inc. will be bracing for future lease negotiations if the nation’s largest mall owner succeeds
in a $10 billion bid to take over its nearest rival, the bankrupt General Growth Properties Inc.

HICKS: Tenure is protectionism in a tweed jacket

Academic tenure, with its promise of lifelong employment based upon five to seven years of work experience, is silly and
makes those of us who have pursued a career in teaching and research look disingenuous.

New electronic radio ratings system rattling nerves

Local radio operators are bracing for a potential ratings shake-up. The introduction of Arbitron Co.’s Portable People Meter
in the Indianapolis market this summer is expected to tighten the ratings race and could dramatically affect how much advertisers
are willing to pay for radio spots.

Lilly asks shareholders to lower takeover barrier

Eli Lilly and Co. directors have recommended that shareholders toss out the
drugmaker's most potent protection against unwanted takeovers: an 80-percent supermajority vote threshold for any shareholder
mutiny to succeed.

Plan for optional interstate tolls may hit potholes

A proposal to add optional toll lanes to parts of Interstates 69 and 65 raises all kinds of questions, such as how to squeeze
more lanes into the crowded I-69 corridor northeast of the city. And it’s debatable whether toll lanes could make more
money than they cost to implement.

MAURER: It’s time to dump township government

In Indiana, one institution rife with nepotism and political favoritism stubbornly persists:
township government and, more particularly, its delivery of emergency poor relief.

EDITORIAL: Overspending saps nation’s vigor

Europe, not the United States, has the best growth prospects, an Asian executive told Gov. Mitch Daniels during a trade mission
last fall. Why? America’s escalating debt.

LOU’S VIEWS: The Bard dances, the ISO swings, and more

This week, I empty the notebook with thoughts on Indiana Ballet Com.’s “From Shakespeare with Love,” the ISO Pops concert with Tony DeSare, Beef & Boards’ “Footloose” and Indianapolis Civic Theatre’s “My Fair Lady.”

FEIGENBAUM: Sen. Bayh’s call for civility reverberates at Statehouse

In the most significant retirement decision announced in Indiana since Reggie Miller hung up his sneakers, Democratic U.S.
Sen. Evan Bayh said Dec. 15 he would not seek a third U.S. Senate term. That decision also sent shock waves through
the ranks of Democratic lawmakers in Indianapolis, none of whom had any advance word.