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Former billionaire reaches $3 million deal with creditors

Former billionaire real estate developer Tim Blixseth has reached a $3 million settlement to resolve claims he illegally pocketed hundreds of millions of dollars from a Montana resort for the superrich......»»

Category: topSource: foxnewsJan 12th, 2018

Former billionaire reaches $3 million deal with creditors

Former billionaire real estate developer Tim Blixseth has reached a $3 million settlement to resolve claims he illegally pocketed hundreds of millions of dollars from a Montana resort for the superrich......»»

Category: topSource: foxnewsJan 12th, 2018

Billionaire Ken Griffin Gives Chicago Police $10 Million to Fight Gun Violence

"No child, anywhere, should be afraid to walk to school or play outside." Billionaire Ken Griffin is giving $10 million to help Chicago police deal with gun violenc.....»»

Category: europeSource: fortuneApr 11th, 2018

Remington, the oldest U.S. gunmaker, files for Chapter 11 bankruptcy amid declining sales

In February, the company announced it had reached a deal with creditors to write off $700 million of its $950 million debt. Gun sales across the industry have dipped under President Trump......»»

Category: topSource: washpostMar 26th, 2018

An overseas billionaire is renting a London mega-mansion for £1 million a year so he can try it before he buys it

An overseas billionaire is renting a London mega-mansion for £1 million for the year, the city's biggest ever rent deal. The wealthy family wanted to try out t.....»»

Category: topSource: businessinsiderMar 10th, 2018

An overseas billionaire is renting a London mega-mansion for £1 million a year so he could try it before he buys it

An overseas billionaire is renting a London mega-mansion for £1 million for the year, the city's biggest ever rent deal. The wealthy family wanted to try out t.....»»

Category: topSource: businessinsiderMar 10th, 2018

Los Angeles Times owner sells paper to local billionaire Patrick Soon-Shiong, ending a long-troubled relationship

In a $500 million deal, Chicago-based Tronc Inc. also sold him the San Diego Union-Tribune......»»

Category: topSource: washpostFeb 7th, 2018

Tronc Agrees to Sell Los Angeles Times to Billionaire Doctor

The $500 million deal means the newspaper will once again come under local ownership, ending nearly two decades of corporate control......»»

Category: mediaSource: nytFeb 7th, 2018

Tronc sells LA Times to billionaire investor in $500 million deal

Tronc has agreed to sell the Los Angeles Tim.....»»

Category: topSource: chicagotribuneFeb 7th, 2018

A powerful Middle Eastern financier and a billionaire football club owner in tense stand off over a £350 million deal to buy Premier League team Newcastle United

Shaun Botterill/Getty Images Powerful Middle Eastern financier Amanda Staveley has countered Mike Ashley's claim that her efforts to take over Newcastle United were a waste of time. Staveley has made a hat-trick of bids for the Premier League club .....»»

Category: topSource: businessinsiderJan 19th, 2018

Creditors seek bankruptcy for U.S. media entrepreneur Sillerman

WILMINGTON, Del. (Reuters) - Creditors of American media entrepreneur Robert F.X. Sillerman are seeking to force the onetime billionaire into bankruptcy to try and collect on a $7.36 million judgment against him, according to court documents......»»

Category: topSource: reutersDec 27th, 2017

Time Inc. gets new owners

Media company Meredith announced that it has agreed to buy Time magazine's publisher, Time Inc., for $2.8 billion. The billionaire Koch brothers are backing the deal with a $650 million investment......»»

Category: videoSource: cnnNov 27th, 2017

Time Inc Reportedly in Merger Talks With Meredith in Deal Backed by Billionaire Koch Brothers

The Koch brothers are said to support Meredith's offer by investing more than $500 million. Time Inc is in talks with Meredith again to sell itself in a pote.....»»

Category: europeSource: fortuneNov 16th, 2017

Koch Brothers Said to Back Time Inc. Deal Talks With Meredith

The billionaire Koch brothers are said to have tentatively agreed to support the publisher Meredith’s offer with an equity injection of more than $500 million......»»

Category: dealsSource: nytNov 15th, 2017

Intrexon inks $100M funding deal with billionaire founder Randal Kirk

Germantown-based bioengineering company Intrexon Corp. will have access to up to $100 million of new capital through a deal with an affiliate company controlled by founder and chairman Randal "RJ" Kirk. Intrexon (NYSE: XON) announced Monday that the .....»»

Category: topSource: bizjournalsOct 17th, 2017

China-Backed Firm Reaches Deal to Buy Apple Supplier

Canyon Bridge, whose planned acquisition of a U.S. semiconductor company was scuttled earlier this month, has reached a deal to buy chip designer Imagination Technologies for $742.2 million......»»

Category: smallbizSource: wsjSep 23rd, 2017

Fox could lose up to $190 million if it can"t strike a new deal with Ten

Most creditors of the Ten Network, which went into administration in June, will get 100 cents in the dollar back when the free-to-air network is sold to the American broadcasting giant CBS. The content providers who supply pr.....»»

Category: topSource: businessinsiderSep 4th, 2017

Fox could lose up to $190 million if it can"t strike a new deal with Ten

Most creditors of the Ten Network, which went into administration in June, will get 100 cents in the dollar back when the free-to-air network is sold to the American broadcasting giant CBS. The content providers who supply pr.....»»

Category: topSource: businessinsiderSep 4th, 2017

Fox could lose up to $190 million if it can"t strike a new deal with Ten

Most creditors of the Ten Network, which went into administration in June, will get 100 cents in the dollar back when the free-to-air network is sold to the American broadcasting giant CBS. The content providers who supply pr.....»»

Category: topSource: businessinsiderSep 4th, 2017

Chinese billionaire dumps huge London real estate deal

One of China's richest men drops plans to buy $600 million of London real estate as his overseas deal-making comes under scrutiny from the Chinese government......»»

Category: topSource: cnnAug 22nd, 2017

Avaya Is One Step Closer to Exiting Bankruptcy

Reaches deal with creditors. A path has been cleared for telecommunications company Avaya to exit Chapter 11 bankr.....»»

Category: europeSource: fortuneAug 7th, 2017