Linklaters LLP advised ThyssenKrupp AG, Germany’s largest steelmaker, on its agreement to sell its U.S. plant to ArcelorMittal and Nippon Steel & Sumitomo Metal Corp. as it seeks to offload operations that are the worst investments in its more than 200-year history.
Forstmann Little & Co. cut the field of bidders for its IMG Worldwide Inc. talent agency to five, knocking out a joint bid from TPG Capital and Creative Artists Agency, said people with knowledge of the matter.
Bloomberg's Gigi Stone reports that a revenue-sharing accord between Taylor Swift’s label and Clear Channel Communications Inc., the biggest U.S. radio station owner, may become a template for the music industry. She reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
A proposal for Los Angeles towers as tall as 55 stories near the iconic Capitol Records building, where stars from Frank Sinatra to Taylor Swift recorded hits, is pitting a New York developer against defenders of old Hollywood.