Monday, September 20, 2010
His repute severely offended by his debt-laden athleticses squads, Tom Hicks is beginning a new chapter in his professional life at an historic period when many think about turning in. Fellows pronounce the 64-year-old private-equity pioneer hasn’t lost any piquantness for the acquisition game. So, in recent twelvemonths, he put together multimillion-dollar wads in zip, engineering science and health care.
And, after a little drouth, more deals are in the workplaces, he articulated in a wide ranging interview with The Dallas Morning News.
“This class, we ‘re back on criminal offence,†enunciated Hicks, flanked by two of his logos at a council board in his agencies at the Crescent in Uptown Dallas.
He enunciated he anticipates to shut on a “sizeable†buyout of a consumer-products business firm this summer. He’s likewise researching the creation of a 2d special-purpose acquisition company — a “blank-check†company in which investors basically bet on a direction squad’s deal-making power.
His first special-purpose company blended with an vigor house last yr, bringing forth paper amplifications of more $100 million so far for Hicks and his primal employees.
Within the side by side two twelvemonths, he as well could pioneer a public stock offer for a specialism steel company he bought in 2006.
Amid those successes, he’s stock still trying out to untangle himself from his troubled pro athleticses occupation, a outgrowth that is going progressively dear in repute and money.
From: http://ping.fm/iYhf8
And, after a little drouth, more deals are in the workplaces, he articulated in a wide ranging interview with The Dallas Morning News.
“This class, we ‘re back on criminal offence,†enunciated Hicks, flanked by two of his logos at a council board in his agencies at the Crescent in Uptown Dallas.
He enunciated he anticipates to shut on a “sizeable†buyout of a consumer-products business firm this summer. He’s likewise researching the creation of a 2d special-purpose acquisition company — a “blank-check†company in which investors basically bet on a direction squad’s deal-making power.
His first special-purpose company blended with an vigor house last yr, bringing forth paper amplifications of more $100 million so far for Hicks and his primal employees.
Within the side by side two twelvemonths, he as well could pioneer a public stock offer for a specialism steel company he bought in 2006.
Amid those successes, he’s stock still trying out to untangle himself from his troubled pro athleticses occupation, a outgrowth that is going progressively dear in repute and money.
From: http://ping.fm/iYhf8