-
7 Corporate Titans Who Took Over Media Companies: Adelson, Bezos And More
Tuesday, April 26, 2022 - 6:50pm | 675As opposed to expectations for a drawn-out soap opera, it took just three weeks for Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk to force the Twitter Inc. (NYSE: TWTR) board into yielding. Twitter confirmed Monday it has agreed to be taken private by Musk for $54.20 per share, or $44 billion in...
-
Money Ball: 8 Hedge Fund Managers Who Own Pro Sports Teams
Friday, December 6, 2019 - 12:58pm | 675Hedge fund billionaire Steve Cohen, CEO of Point72 Asset Management, is in talks to boost his ownership in the New York Mets baseball team to a majority stake, perhaps bringing more of a Wall Street vibe to the team out in Queens. If the deal is completed and Cohen becomes the main owner in five...
-
'The New York Times' Family Says, 'Not For Sale'
Thursday, August 8, 2013 - 4:12pm | 417Ever since Amazon.com (NYSE: AMZN) chief executive and tech billionaire Jeff Bezos bought the Washington Post for $250 million on Monday, questions have arisen in the media industry as to whether other top national newspapers would follow the same fate—newspapers such as the distinguished The New...
-
Banks May Put Liverpool Into Bankruptcy
Monday, October 11, 2010 - 11:48pm | 173Liverpool Football Club's holding company owes $446 million to Royal Bank of Scotland (NYSE: RBS) and Wells Fargo (NYSE: WFC) and the banks may put one of the English Premier League's most storied franchises into bankruptcy, a move that could jeopardize the club's sale to New England Sports...
-
Liverpool Takeover Could Be In Jeopardy
Sunday, October 10, 2010 - 11:16pm | 204The acquisition of Liverpool FC by John Henry's New England Sports Ventures, owner of the Boston Red Sox, for nearly $479 million could be in jeopardy because current co-owners Tom Hicks and George Gillett believe the club is worth more. Hicks and Gillett are set to oppose the sale of the club in...
-
Red Sox Owner To Acquire Liverpool FC
Wednesday, October 6, 2010 - 4:01am | 193New England Sports Ventures, owner of the Boston Red Sox, has reportedly agreed to acquire Liverpool Football Club of the English Premier League, bringing an end to the rocky three-year ownership run of Tom Hicks and Gillette. Liverpool's board accepted the bid after reviewing two offers yesterday...