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Articles

UPDATE: Emergency meeting called on underground blasts downtown

March 19, 2015

Explosions shot manhole covers into the air at a busy downtown Indianapolis intersection on Thursday, raising safety concerns as the city prepares to host the Final Four next month. IPL said the explosions caused “significant damage to the electrical infrastructure.”

Colts ticket demand surges in wake of free agent signings

March 18, 2015

Before they’ve even played their first game for the Indianapolis Colts, running back Frank Gore and wide receiver Andre Johnson are proving to be good for business for their new team.

Simon seen likely to boost Macerich buyout bid after rejection

March 18, 2015

Macerich Co.’s rejection of a $16 billion buyout offer and adoption of takeover defenses leaves Simon Property Group Inc. with few options but to make a higher bid to win the mall landlord.

Macerich rejects Simon Property’s $22.4B takeover bid

March 17, 2015

California-based mall owner Macerich Co. has rebuffed an unsolicited takeover bid from Simon Property Group Inc., saying it substantially undervalues the company and raises antitrust concerns. Analysts and investors expect Simon will make a higher bid.

Simon Breaking

A&E priority list includes a romantic comedy, a saxophone legend, and a Biblical villain reconsidered

March 16, 2015

The Indiana Repertory Theatre travels back to 1973 Atlanta while Wisdom Tooth Theatre asks questions of Judas Iscariot.

NCAA Midwest Region packed with 5 Indiana schools

March 16, 2015

The single-region-placement oddity that means only one home-state school has a shot at reaching the Final Four in Indianapolis next month.

Maker-space movement touches down in Indy

March 12, 2015

The corner of Brookside Avenue and 10th Street, just off Massachusetts Avenue, could soon be the center of what city planners hope is a model to address industrial blight.

rop-maker-jump-031615-2col.jpg

LOPRESTI: Memories of our Final Four shining moments

March 12, 2015

Players and coaches cherish tournament highlights in Indy, including Butler’s run in ‘10.

Lopresti

Records

March 12, 2015

Announcements OrthoIndy and the Indiana Orthopaedic Hospital have changed their corporate name to OrthoIndy and OrthoIndy Hospital to decrease the brand confusion surrounding the relationship between OrthoIndy and its hospital. Contact: Megan Skelly at 802-2425. Fundraising Dance Kaleidoscope to benefit from All that Jazz, its annual gala, March 21 at 6 p.m. at Indianapolis Marriott […]

BOHANON & STYRING: Eleven’s political power play gets yellow card

March 12, 2015

What criteria is the public official supposed to use when she is forcing taxpayers to support a private venture? The government’s ability to support private enterprise is limited.

David Simon tightens screws in quest for biggest deal yet

March 12, 2015

Analysts say Simon has reason to covet Macerich, whose 40 best malls have lofty sales per square foot of $618.

Merrill Lynch abruptly parts ways with top financial adviser

March 10, 2015

Thomas J. Buck, who spent 34 years at the local office of Merrill Lynch while becoming one of the country’s top financial advisers, suddenly split from the firm last week.

Macerich investors want more to clinch mall megadeal

March 9, 2015

Simon’s acquisition offer is only 6.6 percent higher than Macerich’s average price in the previous 20 days. One reason the premium looks miniscule is because Macerich’s stock had already jumped 24 percent since November on takeover speculation fanned by Simon.

Simon makes hostile bid to buy Macerich in deal worth $22B

March 9, 2015

Simon’s hostile bid represents a 30-percent premium to Macerich’s closing price on Nov. 18, the day before Simon disclosed it acquired a 3.6-percent stake in the Santa Monica, California-based mall landlord.

Simon HQ

While still relatively rare, male nurses on the rise

March 9, 2015

The U.S. Census Bureau found that 2.7 percent of registered nurses in 1970 were men. That percentage is now closer to 10 percent.

Key lawmakers draw scrutiny for ties to soccer team

March 8, 2015

House Speaker Brian Bosma and House Ethics Committee Chairman Rep. Greg Steurwald did legal work for the Indy Eleven and owner Ersal Ozdemir's Keystone Construction Corp.

REAL ESTATE

March 6, 2015

Local economic development veteran Katie Culp is joining KSM Location Advisors in the newly created position of president. Culp, 38, came from DTZ, formerly Cassidy Turley, where she spent 10 years.   Culp Founded in 2004, KSM Location Advisors is an entity of local accounting firm Katz Sapper & Miller LLP. The 12-person team is […]

CEO of Riley Hospital departing for Seattle position

March 6, 2015

Dr. Jeff Sperring, the CEO of Riley Hospital for Children in Indianapolis, will leave this spring to become CEO of Seattle Children’s Hospital in early May, the Seattle hospital announced Thursday.

Pizza joints, brewery rekindle West Clay retail hopes

March 5, 2015

Beer and pizza—a classic combination and a pairing that might help revive the retail portion of the Village of West Clay in Carmel.

rop-westclay-030915-2col.jpg

LOPRESTI: Meet the real hosts of college basketball’s Final Four

March 5, 2015

The NCAA lists the Horizon League and IUPUI as official hosts. Indiana Sports Corp. does most of the legwork, and the NCAA signs all the checks, so just what do you do if you’re the official Final Four host?

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