Articles

Airport faces quick decision on public art

The Indianapolis Airport Authority is proceeding with plans to install a video advertising wall at the airport in early September and will need to make a controversial decision within the next week on whether it will replace a local artist’s work.

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Adesa to acquire online auction firm for $210M

Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.

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IndyGo seeks funding traction

The Indianapolis Public Transportation Corp. has budgeted expenses of $57 million for 2012, but officials expect a revenue shortfall of $6.4 million because of drops in federal, state and local funding.

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