INDIANAPOLIS -- A big and historic day for Butler University.
On Tuesday, the university announced a $25 million donation to the Butler School of Business from Andre B. Lacy and his wife, Julia.
Lacy is the chairperson of the LDI company.
Lacy's not a Butler grad, but says he wanted to help make the university's business education one of the top in the nation.
The business school is now being renamed the Andre B. Lacy School of Business.
WATCH MORE ABOUT THE ANNOUNCEMENT IN THE VIDEO PLAYER ABOVE.