Len Blavatnik News
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Apple Inc. signed an agreement with Sony Music Entertainment, the final record-company holdout needed for the iPhone maker’s planned online radio service, said people with knowledge of the situation.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and Blackstone Group LP President Tony James listened to Crosby, Stills and Nash last night.
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The leveraged buyout of Lyondell Chemical Co. in 2007 benefited the company’s board as well as billionaire Len Blavatnik, who gained $1.2 billion, according to a revised lawsuit brought by the company’s creditors.
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Alisher Usmanov, Russia’s richest person, moved control of most of his $20 billion fortune last year to a holding company based in the British Virgin Islands, a collection of more than 60 isles 5,600 miles away from Moscow.
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Bill and Hillary Clinton dined with industrialist Len Blavatnik and hedge-fund manager Richard Perry. Goldman Sachs Group Inc. President Gary Cohn left his seat with Anchorage Capital Group LLC’s Kevin Ulrich to visit at their table.
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Harvard University, the oldest and richest U.S. college, received a $50 million donation from the Blavatnik Family Foundation to support development of treatments from basic science discoveries.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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Billionaire Leonard Blavatnik’s lawyers asked a New York judge to hold JPMorgan Chase & Co. responsible for stuffing a fund with risky mortgage securities and losing 10 percent of his $1 billion investment.
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Warner Music Group owner Len Blavatnik withdrew his bid for EMI Group’s recorded music business after failing to agree on a price with owner Citigroup Inc., two people with knowledge of the situation said.
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Warner Music Group’s owner, Len Blavatnik, is considering dropping his bid for EMI Group Ltd. because Citigroup Inc. is taking too long to choose a buyer, a person with knowledge of the bidding process said.
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