Indianapolis Business Journal articles from June 2003

Indianapolis Business Journal archives from June 2003

Shipping savvy: locally-based Freight Masters Systems hauls in big-time business with unique auto-transport system.
June 2, 2003... Though Gene McFadden's relentless push for innovation hasn't always sat well with those ensconced in the status quo, the CEO of locally based Freight Masters Systems Inc. is starting to gain allies among the world's largest automakers. By...

Can Mickey sell ads? Radio Disney targets Indy, but advertisers might balk at its young demographic.
June 2, 2003... After more than 20 years broadcasting Christian programming, WXIR-FM 98.3 is going goofy. Uh, make that Goofy. ABC Inc. has agreed to pay $5.6 million for the local frequency, put on the block earlier this year by Indianapolis-based...

Group helps find contracting 'gold': Department of Defense business opportunities await Hoosier firms, but few take advantage.
June 2, 2003... While wearing a pair of high-tech augmented reality goggles, soldiers can safely traverse a field of explosive mines on foot. Unfortunately, Bloomington-based Information In Place Inc., which makes such equipment, can't use it to navigate...

Jeweler's closing leaves Broad Ripple skeleton: Wright's plans to expand turn into dust.
June 2, 2003... Wright & Co., a jewelry store owned by an award-winning designer and his wife, plans to close shop at Clearwater Shoppes later this month, abandoning plans for a new building and store in Broad Ripple. Stephen and Mary Wright have operated...

Bustling Southport Commons traded: Lauth-developed center at I-65 and Southport sold to local partnership.
June 2, 2003... A prime retail center with a plum location at Interstate 65 and Southport Road on the south side was sold by its developer, but remains in local hands. Locally based Lauth Property Group Inc. sold Southport Commons, which includes Home...

Safety plan stalls over board detail: City-County Council will reconsider proposal June 4.
June 2, 2003... In politics, the devil is in the details, as Marion County Prosecutor Carl Brizzi has recently discovered. Debate over fine points has resulted in a rocky start for his proposed Marion County Criminal Justice Planning Commission. Now,...

FCC plan exposes frays in regulatory patchwork. (Behind the News).
June 2, 2003... You might figure Amos Brown would be wholeheartedly against the government proposal to loosen media ownership rules. A chorus of critics have ripped that plan in recent weeks--saying it would accelerate media consolidation, give too much power...

Study will identify life sciences work-force gaps: 45,000 industry jobs may be available by 2008.
June 2, 2003... For Indiana to become a life sciences mecca, it needs to augment its highly trained work force. On June 4, the Indiana Health Industry Forum is set to reveal exactly which skill sets Hoosiers lack. "There is clearly a shortage of health...

Plaintiffs' attempt to amend IPALCO suit denied: lawyers still will present $72 million figure at trial.(Indianapolis Power & Light Co. retirees are suing former officers of parent IPALCO Enterprises Inc.)
June 2, 2003... Indianapolis Power & Light Co. retirees suing former officers of parent IPALCO Enterprises Inc. cannot alter their complaint to accuse the insiders of dumping $71 million worth of company stock instead of $9 million, a federal magistrate has...

Doctor-turned-author has second novel published: literary agent helping him reach broader audience.("The Find" by Dr. Isaac J. Meyers II to be released)
June 2, 2003... Dr. Isaac J. Myers II never became the next Dear Abby, but he has become an author with two novels under his belt. An administrator at a local health maintenance organization by day, Myers escapes to the world of fiction at night, sometimes...

Local habitat builds while charitable giving crumbles: corporate donors looking for team-building experience and tangible results are cornerstone of success.(Habitat for Humanity of Greater Indianapolis)
June 2, 2003... While not-for-profits nationally have fallen on hard times, Habitat for Humanity of Greater Indianapolis has built a foundation for steady growth and is planning to put the roof on another record year of building houses for low-income families....

Wishard's new burn center state of the art: facility features more rooms, extra amenities.(Wishard Memorial Hospital)
June 2, 2003... Wishard Memorial Hospital's new burn center is taking patients, three years after a campaign began to raise about a third of the $16 million cost. Patients began moving to the new facility in mid-May from the old burn unit, housed in an...

Police forces ought to merge: duplication in city, county amounts to criminal inefficiency. (Editorial).(Editorial)
June 2, 2003... In the clash between the city and local cops over a new police contract, there are two observations to be made about Unigov, the 33-year-old merger of city and county governments. The first is how well Unigov seemed to work when one...

PR firm must produce. (Editorial).(New York-based Development Counsellors International hired by Indianapolis, Indiana)(Brief Article)(Editorial)
June 2, 2003... We understand why local public relations firms were rankled by the city's hiring of New York-based Development Counsellors International to pitch Indianapolis success stories to national media. That doesn't mean, however, that we agree the city...

Economy, ecology go hand in hand. (Commentary).(Column)
June 2, 2003... In the late 1700s, when settlers came to Indiana, they saw a vast land of virgin forests. As more people came to make the state their home, they cleared the land like nobody's business and started growing crops for sustenance. In the...

Correction.(Correction Notice)
June 2, 2003... Due to incorrect information submitted by TechPoint, the name of TechPoint Foundation's posthumous Bridgebuilder Mira Award winner, Michael Weisbard, was misspelled in a May 19 story.

Good Hoosier news not getting attention. (Eye on the Pie).(Column)
June 2, 2003... "It's a tragedy, a miscarriage of justice, a shameful distortion of reality," Sen. Phinneas Phogghorn was declaring to no one in particular as I stopped for gasoline outside Remington. Indiana's third U.S. senator was pumping his own gas,...

City needs to ban new billboards. (Commentary).(Column)
June 2, 2003... Nearly two decades ago, the city entered into a gentlemen's agreement with outdoor advertising companies. No new billboards would be erected within the inner loop. As part of that, the city made a 2-for-1 offer--for each billboard removed from...

Letters.(Letter to the Editor)
June 2, 2003... Hiring NY PR firm was a wise move The city was right in hiring a New York firm--because New York is the media capital of the world. These NY reps can walk across the street to visit with The New York Times or have coffee with a writer from...

More fans flock to losing Firebirds. (On the Beat).(Arena Football League's Indiana Firebirds )(Brief Article)
June 2, 2003... Despite posting a franchise-worst 6-10 record, the Arena Football League's Indiana Firebirds saw average attendance increase 15.2 percent, to 11,623, this season, its third in Indianapolis. The AFL got a major boost from its television contract...

New gallery coming to Fountain Square's arts area. (Arts).(The Collective Art Gallery LLC)(Brief Article)
June 2, 2003... A group of 10 local artists planned to open The Collective Art Gallery LLC in Fountain Square's Murphy Arts Center in late May, joining three other galleries and 23 artist studios in the building. The Collective will have a grand opening...

HGTV, a home-and-garden cable network. (Arts).(will feature furniture maker Phillip Tennant on episode)(Brief Article)
June 2, 2003... A local furniture maker's creations caught the eye of a cable television show, which will feature him in an upcoming episode of a program that highlights American artisans. HGTV, a home-and-garden cable network, filmed a segment on Phillip...

Y&L wins continue. (Media).(Young and Laramore does well)(Brief Article)
June 2, 2003... Not even halfway through the year, Indianapolis-based Young & Laramore already has had a great 2003. The advertising agency started the year hard at work on the launch of a $20 million national campaign for suburban Columbus, Ohio-based...

Indianapolis Downtown Inc. (Media).(marketing executive Julia Watson honored)(Brief Article)
June 2, 2003... Indianapolis Downtown Inc. Vice President Julia Watson was honored last month as Annual Marketer of the Year by the Indianapolis chapter of the American Marketing Association. The AMY award recognizes exceptional performance in marketing. ...

The Indiana Federation of Advertising Agencies. (Media).(named local office of New York-based Bates USA-Bates USA/Midwest as Ad Agency of the Year and Bruce Bryant, president and creative director of Promotus Advertising, as Ad Person of the Year)(Brief Article)
June 2, 2003... The Indiana Federation of Advertising Agencies last week said it has named the local office of New York-based Bates USA-Bates USA/Midwest-as Ad Agency of the Year and Bruce Bryant, president and creative director of local agency Promotus...

History Fest is history. (Philanthropy).(Indiana Historical Society's histroy fest)(Brief Article)
June 2, 2003... Economic woes have forced the Indiana Historical Society to cancel its annual History Fest, a one-day celebration of the state's heritage. The July event started in 2000 and drew 10,000-15,000 people to see historic displays, re-enactors...

Clarian Health Partners. (Philanthropy).(awards)(Brief Article)
June 2, 2003... Clarian Health Partners has picked up its second "Employer of the Year" award from Goodwill Industries of Central Indiana. The hospital group, comprising Methodist Hospital, Indiana University Hospital and Riley Hospital for Children,...

Local grocery chain opens in-house dollar store. (Retail).(Double 8 Foods )(Brief Article)
June 2, 2003... Local grocery store chain Double 8 Foods recently used some extra space in its Fairfield Avenue store to expand its retail offerings by opening a dollar store. The dollar store, which opened May 12, takes up 3,000 square feet. Groceries...

NFIB award goes to Bosma-again. (Small Business).(National Federation of Independent Business )(Brief Article)
June 2, 2003... The Indiana chapter of the National Federation of Independent Business has awarded State Rep. Brian Bosma, R-Indianapolis, its Chairman's Award, marking the first time the small-business advocate has honored the same person twice. "It...

Former IMS marketer pitching miniature cars. (Sports).(GreenLight LLC)(Brief Article)
June 2, 2003... Locally based GreenLight LLC has signed a deal with the Indianapolis Motor Speedway, Reading, Pa.-based Penske Racing, Indianapolis-based Andretti-Green Racing and Detroit's Chevrolet to launch a line of miniature die-cast collectible race cars...

O'Bannon declares Indiana 'Life Sciences Week' June 1. (Technology).(Brief Article)
June 2, 2003... Gov. Frank O'Bannon proclaimed June 1-7 "Life Sciences Week" to celebrate the state's Life Sciences Initiatives in central, northeast and southwest Indiana, and to applaud the economic development efforts of the Indiana General Assembly. ...

Indiana Department of Environmental Management. (Technology).(E-Scrap Action Program)(Brief Article)
June 2, 2003... Using a $40,000 grant from the Indiana Department of Environmental Management, the Indiana Recycling Coalition announced its E-Scrap Action Program, an effort to promote recycling, reuse, refurbishing and proper disposal of electronics waste....

Accounting. (People).(appointments)(Brief Article)
June 2, 2003... Elizabeth Pagett has joined BKD as an accountant, Health Care Group. Kathleen Sanford has joined Greenwalt Sponsel & Co. Inc. as a receptionist. * Jennifer Bennett has joined BGBC Partners PC as a paraprofessional, Accounting and...

Architecture/Design/Engineering. (People).(Brian Fribley has joined CMI & Environmental Consultants Inc.,)(Brief Article)
June 2, 2003... Brian Fribley has joined CMI & Environmental Consultants Inc. as a consultant.

Banking. (People).(appointments at First National Bank )(Brief Article)
June 2, 2003... First National Bank has added the following: * H. Richard Eberg and * Kltty L. Dolen, Great American Advisors Inc.

Civic/Not-for-Profit. (People).(appointmetns at Ambassadors for Children and United Way of Central Indiana)(Brief Article)
June 2, 2003... * Angela Dabney has been named director of workplace campaigns at United Way of Central Indiana. * Beth Schnepf has been named executive director for Ambassadors for Children.

Construction. (People).(appointments)(Brief Article)
June 2, 2003... Bobbi Hollars has joined Eden Enterprises Inc. as a project administrator. Timothy Shutters has joined DLZ Indiana LLC as construction observer. * Marissa Johnson has joined Meyer Najem Construction as an accounting clerk. Carl...

Education. (People).(appointments)(Brief Article)
June 2, 2003... The Rev. Dr. L. Lang Browniee has been named chaplain at the University of Indianapolis. Phillip M. Summers, Vincennes University, has been named chairman of the board of the Christian Theological Seminary. * Judith Cebula has been...

Finance. (People).(appointments at Kemba Credit Union )(Brief Article)
June 2, 2003... KEMBA CU has named the following: * Brian Wilkerson, vice president and chief operating officer; * Patricia Longo, information technology manager; and * Karla Sallsbury, president and CEO.

Hotel/Motel. (People).(appointments at General Hotels Corp)(Brief Article)
June 2, 2003... General Hotels Corp. has named the following general managers: * Doug Allison, Crowne Plaza Hotel and Conference Center at Historical Union Station; * JIm Gurzynski, Holiday Inn Select Airport; * Rick Seegert, Holiday Inn Select North; and *Jim...

Insurance. (People).(David Norris has been promoted to president of Affiliated Group )(Brief Article)
June 2, 2003... David Norris has been promoted to president of Affiliated Group insurance Services.

Law. (People).(appointments)(Brief Article)
June 2, 2003... * Thomas Atherton has joined Bose McKinney & Evans LLP, Tax Group, as a partner. * J. Christopher Janak has been named partner to the firm's Utilities Group. * David M. Berry has joined the Estate and Succession Planning Group as of counsel....

Professional/Trade. (People).(appointments)
June 2, 2003... A. Michael Sadove, M.D., Indiana University School of Medicine, has been named to the American Board of Plastic Surgery. The Indiana Retired Teachers Association has named the following officers: Jerry G. Sparks, Carlisle, president;...

Employers show willingness to be flexible: alternate work arrangements grow in popularity despite tough job market. (Focus: Insurance & Benefits).
June 2, 2003... In the red-hot days of the 1990s, the battle for the best of a tight labor pool had an unexpected casualty: the 9-to-5 workday. Many companies jockeying to become employers of choice ditched the traditional grind in favor of an...

Local insurance agency comes full circle: after stint under public ownership, Wells returns to private comfort. (Focus: Insurance & Benefits).(Wells and Company Insurance)
June 2, 2003... On his first day of work at Wells & Company Insurance in May 1973, W. Michael Wells spent the day at Indianapolis Motor Speedway entertaining clients. The next day, it was back to the 2-1/2-mile oval with an international customer. Then...

Indiana joins other states in curbing credit scoring: state makes insurance companies report formulas. (Focus: Insurance & Benefits).
June 2, 2003... Indiana joined several other states this year by enacting legislation that limits how an insurance company may use a consumer's credit ratings to underwrite personal property and casualty policies and set premium rates. Indiana's new law,...

Rising insurance rates could increase energy costs. (Focus: Insurance & Benefits).(insurance expenses are climbing for natural gas producers)
June 2, 2003... Richard Price knows first hand how insurance expenses are climbing for natural gas producers. On his latest project, a $1 million well, coverage for fires and explosions cost $80,000, not the $50,000 he budgeted. Rising insurance costs are...

Uninsured numbers rise in Indiana, new survey says: preliminary results of year-long study finds 20-percent increase in those without health coverage since 2000. (Focus: Insurance & Benefits).
June 2, 2003... More Indiana residents are finding themselves in an increasingly unhealthy situation when it comes to their health insurance coverage. Preliminary data from a new state survey shows that 9.4 percent of all state residents lack health...

Cost estimates of storms vary, but claims still significant: damages could cost insurers as much as $2.2 billion. (Focus: Insurance & Benefits).
June 2, 2003... Tornadoes and thunderstorms that ripped through central U.S. states this month will cost Allstate Corp., Cincinnati Financial Corp. and other insurers about $1.6 billion, about 30 percent less than initial predictions, according to a study. ...

Law expands substance abuse, addiction coverages: some plans that offer mental health insurance benefits will be required to include additional services. (Focus: Insurance & Benefits).
June 2, 2003... A new law is expected to expand the availability of substance abuse and addiction services to employees who receive health insurance coverage from their employers. Gov. Frank O'Bannon signed the bill May 8, after the Legislature approved...

States can be sued under family leave law, court rules. (Focus: Insurance & Benefits).
June 2, 2003... State government workers can force their employers to pay damages for violating a federal family-leave law, the U.S. Supreme Court ruled in refusing to extend a series of decisions that favor states' rights. The justices, by a 6-3 vote,...

Largest Indiana Life/Health Insurance Companies: ranked by 2002 life/health insurance assets. (Focus: Insurance & Benefits).
June 2, 2003... Largest Indiana Life/Health Insurance Companies (Ranked by 2002 life/health insurance assets) LIFE/ HEALTH INSURANCE ...

Largest Indiana Property-Casualty Insurance Companies: ranked by 2002 property-casualty insurance assets. (Focus: Insurance & Benefits).
June 2, 2003... Largest Indiana Property-Casualty Insurance Companies (1) (Ranked by 2002 property-casualty insurance assets) PROPERTY- NET COMPANY CASUALTY PREMIUMS...

Take the stress out of employee vacation policies. (Voices from the Industry).
June 2, 2003... Planning a summer vacation? You aren't alone. Vacation planning isn't a task reserved only for those traveling to exotic or not-so-exotic destinations. Employers also must plan ahead, carefully weighing the many vacation and vacation-pay policy...

Supreme Court sides with employers in disability suit: decision might make it easier to deny some claims. (Focus: Insurance & Benefits).(Black and Decker Corp. disability case)
June 2, 2003... In a decision bolstering employers' authority to deny disability benefits to workers, Black & Decker Corp. has won a U.S. Supreme Court decision. The justices ruled unanimously that employer-sponsored benefit plans don't have to defer to...

Retail. (People).(Jack Tovey has joined Tooflee shoe store)(Brief Article)
June 2, 2003... Jack Tovey has been named chief pedorthist at Tooflee shoe store.

Services. (People).(appointments at Handi-Capable Hands Inc. and Ginovus)(Brief Article)
June 2, 2003... * Joyce Yalst has been named member services director, Association Management Division, at BoseTreacy Associates LLC, and * Ryan Dearth has been named an event planner and communications director. Jay Walters has joined Ginovus as director,...

Technology/Telecommunications. (People).(appointments at Netfor Inc.,)(Brief Article)
June 2, 2003... Phillip Main has joined Netfor as an exchange specialist. Oleg Konev has joined as a Web developer, and Jeremy Grimes has joined as a help-desk technician. Claudia Ramsay has been promoted to controller and purchasing agent.

Utilities. (People).(John R. Panico has joined USFilter Indianapolis Water LLC )(Brief Article)
June 2, 2003... * John R. Panico has joined USFilter Indianapolis Water LLC as human resources director.

Honda to sponsor IRL race at Pikes Peak Raceway.(Indy Racing League)(Brief Article)
June 2, 2003... Honda will sponsor the Indy Racing League race at Pikes Peak International Raceway in Colorado through 2005, PPIR and Honda officials have announced. The event will be known as the Honda Indy 225. This year's race takes place on June 15....

Christian summit planned for June.(Brief Article)
June 2, 2003... Indianapolis will host a national pastoral summit in June, bringing together Protestants and Catholics from across the country. The goal is for participants to concentrate on local churches--finding ways to deal with the issues they...

Area needs to attract more businesses, jobs: commercial real estate experts agree industry and government could both do more to sell central Indiana.
June 2, 2003... Editor's note: Who's Who Behind the Scenes is an attempt to identify the key up-and-corners in the local commercial real estate industry. For more information about how we compiled this listing, see page 40. Once the Who's Who Behind the...

Who's who behind the scenes: in commercial real estate.(REI Real Estate Services)
June 2, 2003... JAMES A. BALAS Executive Vice President, Construction Services REI Real Estate Services Age: 47(10/12/55) James A. Balas has been with REI Real Estate Services or affiliated companies since 1986. In his current position,...

Calendar. (Records).(Calendar)
June 2, 2003... Business-related calendar items should be submitted two weeks before event date. Contact bmaurer@ibj.com. June 2: Indianapolis Sclentech Club, The Children's Museum. Call Ken at 842-4115. June 2, 7-8:30 a.m.: Business & Professional...

Market leaders are stable, proven compared with 2000. (Bulls & Bears).
June 2, 2003... We recently researched price-to-earnings ratios, betas and trading volumes for the top 25 companies in the United States. As often happens, the broader market depends on the leadership of the top big-cap companies. Given the comparison,...

Lincoln National Corp. (Picks and Pans).(Brief Article)
June 2, 2003... Lincoln National Corp. (LNC) was increased from "neutral" to "overweight" at JP Morgan Chase. Morgan Stanley's rating is "equal weight."

Cummins Inc. (Picks and Pans).(buy rating)(Brief Article)
June 2, 2003... Cummins Inc. (CUM) was started at a "buy" rating at Fulcrum Global Partners, Dow Jones News reported.

Point Gainers & Losers. (Stocks).(Illustration)
June 2, 2003... POINT GAINERS & LOSERS Cummins Inc. +4.67 Starcraft Automotive Inc. +4.35 Fifth Third Bancorp +3.05 Horizon Bancorp Indiana +2.22 Franklin Electric Inc. -1.80 Galyan's Trading Co. -1.69...

% Gainers & Losers above $2. (Stocks).(Illustration)
June 2, 2003... % GAINERS & LOSERS above $2 Hurco Cos. +60.8% Starcraft Automotive Inc. +29.7% CTS Corp. +17.0% Cummins Inc. +16.4% Galyan's Trading Co. -11.3% Blue River...

Over the counter. (Stocks).(Illustration)
June 2, 2003... OVER THE COUNTER May 22-28, 2003 Compiled by Morgan Stanley Wed week ytd % 52-week close change change high AMB Financial (AMFC) ...

On the exchange. (Stocks).(Illustration)
June 2, 2003... ON THE EXCHANGE Wed week ytd % 52-week 52-week close change change high low Anthem Inc. (ATH) 74.23 -0.79 18.0% 76.00 53.00...

Out-of-state issues of interest. (Stocks).(Illustration)
June 2, 2003... OUT-OF-STATE ISSUES OF INTEREST Wed week ytd % 52-week 52-week close change change high low Bank One (ONE) 37.64 0.61 3.0% 41.55 ...

Tax policy not an accurate predictor of market course. (Investing).
June 2, 2003... I saw Warren Buffet on television last week and, as usual, he was worth listening to. He said investors should expect the stock market to provide a total return of about 6 percent a year for the next 20 years. From the price levels I see, I...

Indiana stock index. (Stocks).(Illustration)
June 2, 2003... INDIANA STOCK INDEX Compiled by City Securities Corp. Date closing Change 5/22 147.20 +0.97 5/23 147.50 +0.30 5/26 HOLIDAY 5/27 149.43 +1.93 5/28 148.47 -0.96 [GRAPH OMITTED]

Interest rates. (Stocks).(Illustration)
June 2, 2003... INTEREST RATES Money Mkt. 6-month 12-month savings (1) CD CD Rates current as of May 28, 2003 APY APY APY CIB Bank ...

Indexes. (Stocks).(Illustration)
June 2, 2003... INDEXES YTD change Dow Jones Industrial 8793.12 +5.4% S&P 500 index 953.22 +8.3% NASDAQ composite 1,563.24 +17.1% Dow Jones Utilities 247.13 +14.9% Gold...

Rates. (Stocks).(Illustration)
June 2, 2003... RATES 3-month Treasury bill 1.09 10-year Treasury note 3.43 30-year Treasury bond 4.39 Municipal AAA long term 4.13 Prime rate 4.25 Discount rate 2.25 30-year fixed mortgage 4.78

Lack of fiscal discipline contributes to dollar's fall. (Economic Analysis).
June 2, 2003... Two distinct themes have emerged throughout the business media's coverage of the dollar's rapid fall vs. the euro in recent weeks. If we need someone to blame for the situation, we apparently have him. He is John Snow, the treasury...

Economic Indicators.(Brief Article)
June 2, 2003... ECONOMIC INDICATORS PASSENGER TRAFFIC Indianapolis International Airport 3/02 634,867 3/03 653,709 Source: BAA -- Indianapolis Note: Table made from bar graph HOTEL USE IN INDIANAPOLIS Supply & Demand ...

Standard Management Corp. (Proxy Corner).
June 2, 2003... Standard Management Corp., 10689 N. Pennsylvania St., Indianapolis, 46280 (www.smancorp.com) is a financial-services holding company. It acquires and manages life insurance and annuity businesses, and issues and distributes life insurance and...

Data recovery is getting easier for small firms. (Return On Technology).
June 2, 2003... For many of us, spending a day without our data would be like a day without oxygen. That's why backing up the data is a vital part of the work day. For years, just doing backups to tape once a day was more than sufficient. Even...

Carson launches Capitol Hill motorsports group. (IBJ Daily).(Brief Article)
June 2, 2003... Rep. Julia Carson, D-Ind., announced the formation of the Congressional Speedway Caucus, a group designed to address issues important to those involved in motorsports. Carson will chair the CSC, which already claims 32 members, including...

Hurco results improve with small profit. (IBJ Daily).(Brief Article)
June 2, 2003... Indianapolis-based Hurco Cos. Inc. on May 22 announced a profit of $139,000, or 2 cents per share, for its second fiscal quarter, compared with a loss of $4.2 million, or 75 cents per share, for the same period a year ago. For the first...

Michigan bill may derail Taubman takeover. (IBJ Daily).(Brief Article)
June 2, 2003... A bill introduced in the Michigan House of Representatives May 27 may help Taubman Centers Inc. thwart a $4.3 billion takeover attempt by Indianapolis-based shopping mall owner Simon Property Group Inc. The bill, similar to one defeated...