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Partners of the Indianapolis law firm of Locke Reynolds LLP late yesterday approved a merger with Frost Brown Todd LLC, a larger firm based in Louisville. The deal will be effective Jan. 5, said Locke Reynolds partner Jim Dimos, emphasizing the merger will allow the firm to better serve its clients. “We identified 10 regional […]
Luther King Capital Management Corp., a Fort Worth, Texas, money manager, has nearly doubled its stake in Indianapolis-based Emmis Communications Corp., a Securities and Exchange Commission filing says. The firm increased its number of shares to nearly 2 million, or about 6.2 percent of the total available. Luther King Capital also wants to discuss the […]
Open a local phone book or punch in a Google search on car dealers, and itâ??s immediately apparent Detroit
companies have many, many more dealers than their foreign competitors.
Chevrolet and Ford, for instance, each have more than a dozen dealers…
Debate over the Indy Racing League’s decision to partner with a Brazilian ethanol provider is still burning white hot. The one thing the IRL might have overlooked is that the in-fighting in the…
It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…
Indiana fell two rungs in an annual ranking of the health of state populations. The Hoosier state came in 34th in a report released today by UnitedHealth Foundation, the American Public Health Association, and the Partnership for Prevention. Indiana struggles for well-known reasons. Its smoking rate is sixth-highest, at 24.1 percent. Air pollution and preventable […]
A building abandoned by General Motors Corp. as it moved its once-extensive operations out of Anderson might be bought by an Anderson company that serves medical and aerospace companies. Hy-Tech Machining Systems LLC has agreed to buy the 240,000-square-foot Plant 18 for $425,000 – half the original asking price of $850,000, according to The Herald […]
We had a great crowd at the IBJ Night at the Movies screening of “Slumdog Millionaire.”
If you were there, let us know what you thought of the film.
SourceNet Inc., an Indianapolis-based temporary worker firm, has closed its East Chicago location, according to the Indiana Department of Workforce Development. Forty-eight workers are affected. The company, which serves large industrial and manufacturing clients, was not immediately available for comment.
Ice Miller may be the biggest law firm in Indianapolis, but it’s only a medium-sized player in the national landscape. That likely prompted Ice Miller and the smaller, Louisville-based firm of Greenebaum Doll & McDonald PLLC to merge in order to stay relevant. “You need to provide legal services in more than one jurisdiction to […]
Law firm mergers keep making news. IBJ Scott Olson reported this morning that Ice Miller is about to join
with Greenebaum Doll & McDonald in Louisville. In May, Sommer Barnard was absorbed by Taft Stettinius
&…
I am torn today. I know a story about gun-toting athletes will get readers’ attention. And with New York Giants wide receiver Plaxico Burress’ recent problems, it’s timely.
Yesterday I was only slightly surprised…
The city’s largest law firm, Ice Miller LLP, plans to merge with Louisville-based Greenebaum Doll & McDonald PLLC on Jan. 1, several sources in the legal community said. Spokeswomen for both firms said they could not immediately comment. Sources familiar with the discussions asked that their identities not be revealed. It is unclear which firm […]
Fast-growing locally-based consumer service appraiser Angie’s List this morning announced it has raised $7 million from Chicago-based Prism Mezzanine Fund. The deal caps a year in which the company had previously raised $53 million from investors. Prism will invest $1 million in exchange for an equity stake in Angie’s List. It also will provide $6 […]
Break out the poodle skirts and leather jackets. Mid-January, 2009, is being taken over by the 1950s. At least, in Central Indiana it is.
Nobody planned it this way. It’s not a part of some cross-promotion. It just seems to be…
Few doubt that Indianapolis Colts quarterback Peyton Manning will be a first-rate coach—if he chooses to pursue that line of work after his playing days are over. He’s already taken on the role…
Locally based Dow AgroSciences, one of Indianapolis’ top employers, may not be going on the sale block after all. Parent company Dow Chemical Co.of Midland, Mich., started the year in a frenzied hunt for cash. And the company’s CEO, Andrew Liveris, acknowledged in February that it might sell the Indianapolis ag-chemicals- and-biotech company “even though […]
Pat Rooney’s insurance company is about to die, nearly two months after Rooney himself passed away. Medical Savings Insurance Co. was ordered into receivership today by Marion County Judge Theodore Sosin. Indiana Insurance Commissioner Jim Atterholt will oversee liquidation of the company’s assets. Medical Savings, based in Park 100, sold individual high-deductible health insurance policies, […]
Indiana will be out of recession by spring, but the Indianapolis area will perform so well that most people will not even realize a recession came and went. That’s how Ball State University economist Michael Hicks sizes up prospects for 2009 in a forecast scheduled to be issued Dec. 9. “I’m not sure that you’re […]
