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A blowout bid

Well, this ought to kick the toll-road-sale debate up several notches. Indiana got a bid from Australia's Macquarie Infrastructure Group, and it's huge -- $3.8 billion:

The bid [...] marks the most a U.S. municipality has ever been offered for any asset, according to state officials.

``It's unprecedented,'' said Charles Schalliol, Governor Mitch Daniels's budget director, in a telephone interview. ``This is a blowout bid for the state.''

[...]

The bid eclipses the $1.83 billion Chicago got last year for selling its only toll road, a 7.8-mile elevated highway known as the Skyway.

Posted in: Hoosier lore

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