Latest News Updates From Michael Bathon

BusinessGovernment

Indiana Toll Road Seeks Bankruptcy as Traffic Declines

The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection with a creditor-supported restructuring plan after dwindling traffic soured a $3.8 billion bet on a 75-year lease.

September 22, 2014