The Duchossois Group, Inc., through its subsidiaries, manufactures access control, security, and lighting and convenience products. It invests in public and private companies, private investment funds, growth equities, and fund investments; provides garage door openers, Smartphone control products, garage tools, accessories, and parts and support services; and offers door chimes and push buttons, motion activated security lighting products, utility lighting products, motion activated decorative lighting products, and lighting controls. It serves residential security, commercial control, and automation markets. The company offers products online. The Duchossois Group, Inc. was formerly known ...
845 Larch Avenue
Elmhurst, IL 60126
Churchill Downs Seeks To Sell Fair Grounds
Sep 12 14
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.