Articles

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Ball State-birthed musical aims for Broadway

If the team behind “The Circus in Winter” has its way (and if enough money can be raised and script kinks worked out), the Ball State University-incubated musical might be the first Tony award winner conceived as a collaborative class project.

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Private equity group confirms Herff Jones buyout

Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.

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Indiana man sentenced for running fake credit union

Timothy Coughlin, 63, of Indianapolis was ordered to pay $10 million in restitution at sentencing Friday in federal court. Prosecutors say 5,000 investors from 50 countries and all 50 states made deposits to his fake credit union.

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