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An acquisition in the works between Herff Jones Inc., the Indianapolis-based giant that makes class rings and other educational products, and an Austin, Texas, competitor has been ended by mutual agreement, the parties said Friday. The acquisition target, American Achievement Corp., is owned by Austin-based AAC Group Holding Corp. Herff Jones offered no further comment […]
–Let the movie awards season begin. “Slumdog Millionaire”–which IBJ A&E readers got a chance to see earlier this week (see your comments here)–was just named 2008’s Best Film by the National Board of Review. See story here.
–Another potential…
Muncie-based Ontario Systems LLC laid off 126 of its roughly 500 workers yesterday, The Star Press reported. Most of the affected employees were at its home office, but a few were in the Columbus, Ohio, suburb of Berlin. The developer of debt-collection software said the action was necessary to align costs with revenue. Ontario was […]
Fred Glass, IU’s soon-to-be athletic director, and Notre Dame AD Jack Swarbrick have something in common. And I’m not talking about their roots as law partners at Baker & Daniels. Neither one of them has…
John A. Kite has replaced his father, Alvin E. Kite, as chairman of Kite Realty Group Trust, the Indianapolis-based developer. John Kite had been president, CEO and a board member. He has dropped the title of president, and the position has been taken up by Thomas K. McGowan, who had been senior executive vice president […]
Purdue University is jumping on a trend toward offering naming rights for newly discovered species.
The university plans to announce Monday that a bat discovered by one of its researchers can be named for
a company, a person â??…
A technology support company owned by Indianapolis accounting firm Katz Sapper & Miller Co. has acquired Digitech Inc., a local consulting and network services firm, for an undisclosed price. KSM Business Technology, which has nearly 300 employees, will absorb all six Digitech workers and provide a seamless transition for its mid-size clients, KSM said today. KSM […]
Indianapolis long-haul trucking firm Celadon Group Inc. has acquired the assets of Continental Express Inc., a trucking company headquartered in Little Rock, Ark., for $24 million in cash. The assets include 400 tractors and 1,100 trailers – enough to boost Celadon’s rolling capacity by about 13 percent. Also included are Continental’s truckload, intermodal and brokerage […]
Click here to view a video of the announcement. Indianapolis attorney and businessman Michael Maurer is giving $35 million to the Indiana University School of Law in Bloomington, which has been renamed in his honor. The gift, the largest in the law school’s history to come from a single donor, will fund an undetermined number […]
The jobs bank has come to symbolize whatever the general public thinks is wrong with the United Auto Workers
and Detroit car companies.
For many years, the UAW contract has stipulated that laid-off workers be paid nearly their entire compensation.
Now,…
Locke Reynolds LLP’s merger with Frost Brown Todd LLC will become final Jan. 5. But it’s not the first time the firm has sought a marriage. Locke Reynolds Partner Jim Dimos acknowledged in an interview with IBJ that in the past few years the Indianapolis law firm has had conversations with several local rivals, without […]
Three key promoters of the Indiana motorsports industry have formed a company to launch a new trade show in Indianapolis next year. The threesome – Indiana Motorsports Association Executive Director Tom Weisenbach, local auto and truck dealer Jeff Stoops and C&R Racing Inc. owner Chris Paulson – hope the new show will fill part of […]
Indianapolis Star Publisher Michael Kane told staffers yesterday the equivalent of 52 full-time staffers are being laid off to shore up the company’s bottom line. Twenty full-time positions in the newspaper’s editorial department were terminated, including Susan Guyett, who pens the Talk of our Town column; cultural writers Whitney Smith and Chris Lloyd; and Abe […]
It’s a sad day for Indianapolis media and for the arts as massive layoffs gut the Indianapolis Star.
Whitney Smith: gone.
Chris Lloyd: gone.
Susan Guyett: gone.
Abe Aamidor: gone.
My thoughts and best wishes go out to these and other talented former Star writers, editors…
Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning and his brother Peyton as the most searched for athlete in 2008, according to America Online’s…
Medical Technology Leadership Forum, a not-for-profit think tank focused on medical devices, is relocating to Indianapolis from its home in Minneapolis, the organization announced today. The forum will be headquartered at the Indiana University Research and Technology Corp. campus on the downtown canal, and will hold one of its three annual conferences in Indianapolis on […]
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…
