Silver Lake Management LLC, a backer of William Morris Endeavor Entertainment LLC, has agreed to the terms of an acquisition of talent agency IMG Worldwide Inc. from Forstmann Little & Co. for more than $2.3 billion, two people with direct knowledge of the matter said.
Private-equity firms bidding for Forstmann Little & Co.’s talent agency IMG Worldwide Inc. are disagreeing with the earnings projection Forstmann has provided for this year, a week before final bids are due, three people with knowledge of the matter said.
Terteks Tekstil Ithalat Ihracat & Pazarlama AS, the slipper retailer licensed to sell Brazilian supermodel Gisele Bundchen’s lingerie line in Turkey, is seeking a financial adviser to find an industry partner to expand.
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported profit that topped estimates for the first quarter in three as the company pared costs while adding new brands and a U.S. online store.
“A modest man,” Winston Churchill supposedly quipped about Clement Attlee, his successor as prime minister, “but then he has so much to be modest about.” We should say the same about economists, particularly their ability to forecast anything in a useful and timely manner.
Lineman Vince Wilfork threw a football standing by his seat in the Waldorf Astoria ballroom last night to quarterback Tom Brady on stage, who caught it, then fumbled. Wilfork threw another to linebacker Jerod Mayo. It bounced on the piano where Elton John would later perform.