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Saban

SPORTS
April 20, 1991 | From Staff and Wire Reports
Lou Saban, a former coach in the American Football League, was hired by Peru (Neb.) State College, the defending NAIA Division II champion, Friday. Saban, 69, compiled a record of 97-101-7 in stints with the Buffalo Bills, Boston Patriots and Denver Broncos, and led the Bills to an AFL championship in 1964. Saban also coached on the college level at Miami, Army, Maryland and Northwestern, after which he coached high school football.
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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.
BUSINESS
February 26, 2002 | ANN W. O'NEILL, TIMES STAFF WRITER
Morgan Stanley & Co. is suing children's entertainment magnate Haim Saban for nearly $12 million that the investment banking firm says it is owed for advice given in last year's sale of Fox Family Worldwide to Walt Disney Co. The Los Angeles County Superior Court suit alleges breach of contract, failure to act in good faith and failure to pay for services rendered. The suit, filed by attorney Patricia L. Glaser, seeks payment of fees and unspecified damages. The dispute apparently centers on whether Saban, when he hired Morgan Stanley to advise and assist in the sale of his 49.5% equity interest in Fox Family, agreed to pay the firm if any sale went through--or only if he exercised an option to sell his stake to Fox. In a statement issued in New York, Saban accused Morgan Stanley of "overreaching," adding that the firm was involved in "a different transaction."
BUSINESS
August 9, 2003 | From Reuters
A group led by U.S. billionaire Haim Saban has signed a long-sought deal to buy Germany's biggest commercial broadcaster, its owner, insolvent media group KirchMedia, said Friday. Saban, who made a fortune in U.S. children's television, won a turbulent bidding race for ProSiebenSat.1 Media, the crown jewel of Germany's KirchMedia. Saban would become the first foreigner to control a major German TV asset when the deal closes.
BUSINESS
March 19, 2004 | From Bloomberg News
Morgan Stanley, the second-largest U.S. securities firm, and Los Angeles billionaire Haim Saban settled a dispute over fees related to the $5.2-billion sale of Fox Family cable television network to Walt Disney Co. Terms of the settlement were not disclosed. Morgan Stanley claimed in a 2002 suit that Saban owed it $12 million in fees. Saban hired Morgan Stanley in October 2000 to advise him in the sale of his 49.5% stake in News Corp.'s Fox Family cable television network.
BUSINESS
May 7, 2003 | From Bloomberg News
U.S. investor Haim Saban, who is buying control of Germany's biggest television broadcaster, asked German regulators for exemption from the obligation of making an offer for ProSiebenSat1 Media's remaining shares. Saban wants to pay $457 million to $571.2 million less for the broadcaster by avoiding an offer to the remaining shareholders, arguing that the firm is in reorganization, the Financial Times reported.
SPORTS
December 4, 1994 | From Associated Press
Nick Saban, defensive coordinator of the Cleveland Browns, was announced as Michigan State's new football coach Saturday, replacing George Perles, who was fired three weeks ago. The appointment still needs the approval of the Board of Trustees at its meeting Friday, but that will be a formality said university President Peter McPherson. Saban, 43, was secondary coach and defensive coordinator for Perles from 1983-87.
SPORTS
April 24, 1991 | Associated Press
Peru State College's football team has tasted what new head coach Lou Saban calls the sweet wine of success, and he's ready to add a touch of his vintage leadership on the field. It's the first time he's taken over a winning program, Saban says. He does so today. "I don't think you understand, or can feel the way I feel -- the joy at being able to take over a team that's done so well," Saban said. "All my life I've spent rebuilding teams."
BUSINESS
March 12, 2003 | From Reuters
Media billionaire Haim Saban has edged ahead in the bidding for insolvent German television group KirchMedia as the yearlong auction nears an end, sources close to the deal said. Rival bidder Heinrich Bauer Verlag will have to improve its offer in last-minute negotiations if it is to regain the lead in bidding for the assets, which include Germany's largest TV broadcaster and a vast library of film rights, the sources said.
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