Hiatt Printing Holds Ground Against Ball State University

BSU reportedly offered Hiatt $400,000 for the building, which has second-floor apartments in addition to the shop space—which it says is $40,000 more than fair market value based on third-party appraisals. Ball State also offered several additional financial incentives, the Star said.

"Nothing has been offered to Hiatt Printing that doesn't render it worthless and assure its ultimate demise," Hiatt responded, adding that he has engaged his own legal counsel.