Biglari was persistent in pressing Western Sizzlin deal
Steak n Shake CEO Sardar Biglari proposed buying Western Sizzlin in January and again in May and advocated the unusual structure
of the $39 million transaction.
Steak n Shake CEO Sardar Biglari proposed buying Western Sizzlin in January and again in May and advocated the unusual structure
of the $39 million transaction.
Duke Energy Corp. said the cost of the plant it’s building in southwestern Indiana has risen another $150 million.
Marion County Prosecutor Carl Brizzi said he agreed this fall to serve on the board of Tim Durham’s Fair Finance
Co., but changed his mind several weeks later after Durham told him a newspaper was working on an investigative
story about the company.
Pizza chain Noble Roman’s Inc. says plans for its first investor meeting in seven years have no connection to an investor’s
lawsuit.
Any case federal prosecutors pursue against Tim Durham or his associates likely would revolve around what his Fair Finance
Co. disclosed—or didn’t disclose—to potential investors, legal observers said.
Carbon dioxide produced by a proposed coal gasification plant near the southern Indiana town of Rockport would be used to
help boost oil production in the Gulf of Mexico under a plan by the company leading the project.
The city’s planning staff is recommending denial of an electronic message screen proposed as part of a new sign for IBJ Media
Corp., the parent company of Indianapolis Business Journal.
The fate of a proposal that would impose a stricter workplace smoking ban in Indianapolis remains up in the air after the
City-County Council voted Monday night to send the bill back to committee for further review.
Ice Sports and Entertainment, the owner of the Indiana Ice hockey team, announced Wednesday afternoon that it plans to
build a complex that could contain up to four skating rinks and house the Indiana/World Skating Academy.
A Ford Motor Co. subsidiary will start cutting its local work force next year, but won’t close its east-side plant
for good until late 2011.
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to
study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
House and Senate versions of health care reform could halt the trend toward physician-owned hospitals.
Ohio securities regulators have asked for a mountain of additional information from Tim Durham’s Fair Finance Co. that
they say they would have to evaluate before deciding whether to allow the company to resume the sale of investment certificates.
Indiana Gov. Daniels calls for cuts with announcement that tax collections for November were $144 million below forecast.
Two bidders have submitted plans to redevelop the vacant former Fall Creek YMCA along West 10th Street with apartments and
retail space.
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.
The Gaming Study Committee’s report said allowing riverboat casinos to relocate inland could be helpful.
Lilly Endowment Inc. has awarded the Indianapolis Parks Foundation a $7.3 million grant to fund improvements that include
a new pool at Bethel Park on the near-southeast side.
The NCAA might expand its annual men’s tournament from the current three-week, 65-team format
to one featuring an added week and a whopping 96 teams. Proponents of the plan say it will generate a bigger
television rights-fee deal for the not-for-profit NCAA, which disperses 95 percent of the income to member institutions.