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Saban Capital Group Inc

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BUSINESS
May 14, 2002 | Brad Berton
Media tycoon Haim Saban's new company, Saban Capital Group Inc., will relocate from Westwood to the entire 24,000-square-foot penthouse floor of Century City's 26-story tower at 10100 Santa Monica Blvd. The firm has agreed to lease the highest of the five floors previously occupied by Princess Cruises, which has relocated to Valencia. Financial details of the 10-year lease weren't disclosed. Terms of recent Century City deals suggest the total consideration is nearly $15 million.
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BUSINESS
October 9, 2002 | From Reuters
Billionaire investor Haim Saban is in talks to buy Muppet maker Jim Henson Co. at a steep discount to what Germany's EM.TV & Merchandising paid for it, people close to the situation said Tuesday. The two sides are still haggling over the price, but it is broadly in the vicinity of about $100 million, the sources said. EM.TV paid $680 million for Hollywood-based Henson in February 2000.
BUSINESS
February 29, 2008 | Meg James, Times Staff Writer
Seeking to become el grande in the growing U.S. Latin music market, Universal Music Group on Thursday said it had agreed to buy Univision Communications Inc.'s record division. The purchase price was nearly $140 million, according to two people close to the negotiations who asked not to be identified because the financial terms were confidential. The acquisition, which is subject to regulatory approval, would more than triple Universal's share of the Latin music market to about 49%.
BUSINESS
October 3, 2006 | Claire Hoffman, Times Staff Writer
Flush with cash, two private investment companies are placing bets on the gambling business, anteing up nearly $15.1 billion in a bid to acquire the world's largest casino company, Harrah's Entertainment Inc. Harrah's said Monday that it had received an offer from Apollo Management and Texas Pacific Group to purchase all the company's stock for $81 a share. The deal, if accepted, would be one of the largest buyouts in history.
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