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Hicks Muse Tate First Inc

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September 1, 1998 | From Bloomberg News
Hicks, Muse, Tate & Furst Inc. said Monday it has agreed to buy as much as 35% of Triton Energy Ltd., an oil and natural gas explorer that needs an influx of cash to develop foreign projects. The Dallas-based investment group will pay between $165 million and $220 million for the stake. The investment follows Hicks Muse's $250-million purchase of a 62% stake in Fort Worth-based Coho Energy Inc. last week.
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BUSINESS
September 1, 1998 | From Bloomberg News
Hicks, Muse, Tate & Furst Inc. said Monday it has agreed to buy as much as 35% of Triton Energy Ltd., an oil and natural gas explorer that needs an influx of cash to develop foreign projects. The Dallas-based investment group will pay between $165 million and $220 million for the stake. The investment follows Hicks Muse's $250-million purchase of a 62% stake in Fort Worth-based Coho Energy Inc. last week.
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