February 28, 2015 12:05 PM ET

Industrial Conglomerates

Company Overview of The Duchossois Group, Inc.

Company Overview

The Duchossois Group, Inc., through its subsidiaries, offers residential and commercial access control products. It provides defense; and command, control, and communications products. The company also offers motion-activated lighting, door chimes, and wireless lighting controls. Additionally, it provides Internet based access control systems. The company was formerly known as Duchossois Industries, Inc. and changed its name to The Duchossois Group, Inc. in March 2009. The Duchossois Group, Inc. was founded in 1983 and is headquartered in Elmhurst, Illinois.

845 Larch Avenue

Elmhurst, IL 60126

United States

Founded in 1983

Phone:

630-279-3600

Fax:

630-530-6091

Key Executives for The Duchossois Group, Inc.

Chief Executive Officer
Age: 69
Founder and Chairman
Age: 92
Executive Vice President and Chief Financial Officer
Age: 54
Senior Director of Business Development
Vice President and Treasurer
Compensation as of Fiscal Year 2014.

The Duchossois Group, Inc. Key Developments

Churchill Downs Seeks To Sell Fair Grounds

Churchill Downs Inc. (NasdaqGS:CHDN) is seeking to sell Fair Grounds. Multiple sources familiar with the situation said on September 12, 2014 that Churchill Downs which has owned the Fair Grounds plus its 11 off-track betting facilities since 2004, has enlisted JPMorgan Chase to solicit requests for proposals from other gaming interests around the country, with a deadline of September 17, 2014. Also, The Duchossois Group, Churchill Downs' largest stockholder, has been approached about a deal for the Fair Grounds plus Arlington Park. However, a source with knowledge of Duchossis’ plans said that such a deal is unlikely to happen at this point. The requests for proposals came after at least two local interests, including Saints owner Tom Benson, made inquiries in recent weeks about purchasing the track, but they reportedly found the asking price, estimated at $125 million, too high.

The Duchossois Group, Inc., Announces Creation of Duchossois Capital Management

The Duchossois Group, Inc. announced the creation of DUCHOSSOIS CAPITAL MANAGEMENT, representing a more formal structure and dedication to its investment strategy. The new entity will assume responsibility for all current investments as well as seeking new opportunities to deploy capital in a wide array of investment areas including publicly traded securities, real estate, leasing and private equity.

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