She didn’t know her newspaper had hired a private detective to hack the phone of a teenage murder victim. She entered into an affair with her deputy mostly because her other relationships were going through a “car crash.” She tried to implicate senior company executives in the scandal to protect herself. Her mistakes were due to her youth.
Rebekah Brooks was cast as the chief villain in the News Corp. phone-hacking scandal for three years. Her supporters cheered when she was cleared of all charges after an eight-month trial that pored over her life as a tabloid editor, executive, wife and mistress.
Thomas Rabe speaks five languages, holds a doctorate in economics, and cycles, runs or rows more than 60 miles a week. In his 20s, he managed hundreds of millions of deutsche marks in East German assets after the Berlin Wall fell. In his 30s he oversaw the finances of Europe’s largest TV broadcaster. As he approaches age 50, Rabe works in an office next to his boss and lives in a house next to his boss’s mother.
Pearson Plc shares have lagged behind peers since hitting a 12-year high in July as a restructuring at the publisher of everything from textbooks to Tom Clancy’s thrillers failed to convince investors of its digital strategy.
EQT Partners AB is pressing ahead with plans to sell or hold an initial public offering for Springer Science & Business Media in a transaction that could value the German academic publisher at as much as 4 billion euros ($5.2 billion), said people familiar with the matter.