Tribune adopts shareholder rights plan to fend off Gannett
Fending off an unsolicited takeover by the owner of USA Today and The Indianapolis Star, Chicago’s Tribune Publishing has adopted shareholder rights plan, a so-called “poison pill.”
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Emmis plans reverse stock split ‘if necessary’ to remain listed on Nasdaq
Emmis received a letter from the stock exchange in December notifying the company that its stock had closed below its minimum $1-per-share requirement for 30 straight business days.
Nasdaq rules give Emmis 180 days, or until June 6, to get back in compliance.
Tribune Publishing rejects Gannett’s ‘opportunistic’ takeover bid
Gannett, publisher of USA Today and The Indianapolis Star, wanted to buy Tribune Publishing in a proposed deal valued at about $815 million.
University of Louisville students’ lawsuit against escort dismissed
A Louisville judge has dismissed a lawsuit by University of Louisville students filed against Katina Powell that said the escort’s book allegations of sex parties at the men’s basketball players’ dormitory had devalued their education.
Blogger Gary Welsh dies in apparent suicide
Welsh, 53, was found lying in a stairwell of the Lockerbie Glove Factory Lofts on Sunday morning with a gun next to him.
Gannett makes $815M bid for Tribune Publishing
The publisher of USA Today and the Indianapolis Star went public with an $815 million offer for Tribune, which owns the Chicago Tribune and Los Angeles Times.
IBJ wins 10 awards at state Excellence in Journalism contest
Among the winners were reporters Jared Council and Lou Harry, who won top honors for their work in business reporting and arts and entertainment coverage.
Modeling agency founder Helen Wells dies at 89
Hundreds of admirers took to Facebook to remember Helen Wells, who started her agency in 1980 and provided talent to many of Indiana's top companies.
Feds approve Gannett’s $280M purchase of Journal Media
Industry experts say the Journal Media publications are a natural fit for Gannett's strategy of maximizing short-term profits through centralization
Maurer to give commencement address at IU
Well-known local businessman Michael S. "Mickey" Maurer has been selected to give this year’s address at Indiana University’s graduate commencement ceremony on May 6, the school announced.
Young & Laramore uses books to build appetite for its services
One of Indianapolis’ biggest ad shops is serving up marketing strategies it cooked up as the agency of record for Steak n Shake with the release of a new book, “Nuggets, Nibbles, Morsels and Crumbs.”
Louisville bans itself from tourneys after probe finds violations
The inquiry stemmed from allegations contained in Katina Powell's tell-all book "Breaking Cardinal Rules," which IBJ Book Publishing LLC released in October.
Steak n Shake’s Biglari set to become editor of Maxim
Sardar Biglari, CEO of the investment company that owns Indianapolis-based Steak n Shake, is expected to become editor-in-chief of Maxim, according to a report by Politco, taking control after a high-profile effort to revamp the magazine proved unsuccessful.
Author: Ex-escort ‘absolutely’ wrote journals about UofL activities
Journalist Dick Cady dismissed suggestions by Coach Rick Pitino that former escort Katina Powell didn’t write the journals that serve as the basis for a book alleging a former University of Louisville basketball staffer hired strippers and prostitutes to entertain recruits
Pitino: No interview with NCAA about escort’s book
Louisville Coach Rick Pitino said he believes one person did “scurrilous things” related to the basketball program. But he raised questions about journals by escort Katina Powell that allege women were hired to strip and have sex with recruits.
Amos Brown remembered as ‘unwavering crusader and champion’
Tributes poured in Saturday after news of the death of radio icon and activist Amos Brown spread through central Indiana.
Texas publisher buys chain of Indiana newspapers
The longtime family-owned company that owns several community newspapers in central Indiana—including The Columbus Republic, the Franklin Daily Journal and the Greenfield Reporter—has been sold.
Grand jury investigating Louisville basketball sex scandal
The book, “Breaking Cardinal Rules: Basketball and the Escort Queen,” has spurred a grand jury investigation into allegations that strippers and prostitutes were used to entertain University of Louisville basketball players and recruits.
Louisville student sues author, IBJ publishing unit over book
The lawsuit seeks class-action status, claiming the career prospects of all University of Louisville students have been hurt by Katina Powell’s book, which alleges she supplied strippers and prostitutes for basketball recruits.
IU says it didn’t know about controversial University of Louisville book
IU officials say they did not know about a controversial book that accuses the University of Louisville of recruiting violations when they passed on a message from IBJ Book Publishing owner Mickey Maurer.