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BUSINESS
March 9, 2004 | From Bloomberg News
Thomas O. Hicks, who built Hicks Muse Tate & Furst Inc. into the second-largest buyout firm before $2 billion in losses on telecommunications and media stakes helped drop it to ninth, will retire in March 2005. Co-founder John R. Muse, 53, will succeed Hicks, 58, the Dallas-based firm said in a statement.
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BUSINESS
October 4, 1989 | From Associated Press
ICH Corp. said Tuesday that it will sell all but its two largest insurance subsidiaries--including a $495-million deal with a Dallas-based group of investors--in a move to increase its book value, cash flow and earnings. The investor group, Hicks, Muse & Co. of Dallas, said it will buy operating companies with assets of $2 billion from ICH, which is based in Louisville, Ky. Hicks Muse offered last July to take over all of ICH for $425 million in cash and assumption of $1.
BUSINESS
March 9, 2004 | From Bloomberg News
Thomas O. Hicks, who built Hicks Muse Tate & Furst Inc. into the second-largest buyout firm before $2 billion in losses on telecommunications and media stakes helped drop it to ninth, will retire in March 2005. Co-founder John R. Muse, 53, will succeed Hicks, 58, the Dallas-based firm said in a statement.
BUSINESS
October 4, 1989 | From Associated Press
ICH Corp. said Tuesday that it will sell all but its two largest insurance subsidiaries--including a $495-million deal with a Dallas-based group of investors--in a move to increase its book value, cash flow and earnings. The investor group, Hicks, Muse & Co. of Dallas, said it will buy operating companies with assets of $2 billion from ICH, which is based in Louisville, Ky. Hicks Muse offered last July to take over all of ICH for $425 million in cash and assumption of $1.
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