BUSINESS
October 9, 2012 | By Lauren Beale, Los Angeles Times
Detroit Pistons owner Tom Gores and his wife, Holly, have listed their house in gated Mulholland Estates at $10.75 million. Although the Multiple Listing Service considers the community in the 90210 ZIP Code to be the Beverly Hills Post Office area, The Times' Mapping L.A. database shows the mansion sits within Sherman Oaks. The Mediterranean, custom built in 1992, features a family room with exposed beams, a paneled library, two bars, five fireplaces, a screening room, six bedrooms and eight bathrooms in 11,107 square feet.
ENTERTAINMENT
April 6, 2010 | By Claudia Eller and Dawn C. Chmielewski
Walt Disney Co. has received three bids for the specialty label Miramax Films, said people close to the situation who did not want to be identified because the offers were confidential, and now has to make a decision whether to sell the asset or hold on to it. If Disney ends up selling Miramax, it would mark the end of the studio's 17-year ownership of the label, known for championing independent films that often garnered awards on the film festival...
BUSINESS
April 1, 2010 | By Dawn C. Chmielewski and Claudia Eller
Once again Walt Disney Co. has pushed back the deadline for bidders making offers to acquire the specialty label Miramax Films, to Monday, according to people with knowledge of the situation. As the deadline approaches, one prospective bidder has dropped out: Washington Redskins owner Daniel Snyder, whose RedZone Capital investment firm decided not to submit an offer after reviewing documents and having discussions with Disney executives, two people close to the process said. That leaves Miramax founders Bob and Harvey Weinstein, who sold the company to Disney in 1993, as among the remaining potential bidders.
CALIFORNIA | LOCAL
April 2, 2008 | Carla Hall, Times Staff Writer
Hedge fund manager Adam Sender was angry -- at the man with whom he had invested $1.1 million and at himself for believing it would lead to a successful film company and another venture. So after a year of searching in vain for Aaron Russo, Sender hired private detective Anthony Pellicano.
BUSINESS
August 16, 2005
As expected, Platinum Equity, a buyout company owned by billionaire Tom Gores, agreed to acquire struggling computer modem maker U.S. Robotics Corp. Terms weren't disclosed.
BUSINESS
March 22, 2005 | James S. Granelli, Times Staff Writer
A private equity firm owned by Beverly Hills financier Tom T. Gores said Monday that it had agreed to buy part of fiber-optic network owner Global Crossing Ltd. for $40.5 million. Platinum Equity will acquire Global Crossing's small-business unit, which serves about 30,000 small and medium-size companies, and meld it into its own telecommunications operations. Platinum's Matrix Telecom Inc.