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...The consortium, which also includes Monroe Capital, agreed to provide $225mn in credit for its assets, in addition to the assumption of “significant liabilities”....
...The sale of the portrait, titled “Shot Sage Blue Marilyn”, marked the start of two weeks of sales in New York that are forecast to bring in more than $2bn as dozens of pieces of art go under the hammer....
...The collection also includes Andy Warhol’s black-and-white silkscreens of Marilyn Monroe titled “Nine Marilyns”....
...In a surprise, the sale of one of the star lots, an eerie silkscreen of Marilyn Monroe by Andy Warhol, received only a brief volley before auctioneer Oliver Barker ended the bidding, bringing the hammer...
...The company’s media operation has generated a declining part of its revenues in recent years, accounting for 5.3 per cent of its $78.2m of adjusted sales last year....
...One person close to the negotiations characterised the sale of TikTok as “driven by politics and greed"....
...The asset manager will pay $870m for a controlling stake in New York-based Authentic Brands, which holds the brand rights to Marilyn Monroe and Muhammad Ali....
...Saudi Aramco has hired Wells Fargo banker Robert Fernandez to manage its relationship with banks after the oil company completed the world’s biggest share sale....
...The publisher said it would use the proceeds of the latest sale to pay down debt. The sale comes as magazines grapple with declining print sales, and as advertising increasingly moves online....
...In 2018, the line was projected to make $60m in sales....
...The 1950s are defined by Marilyn Monroe and Elvis Presley, while the 1960s are associated with The Beatles and youthful protest....
...The first issue featured Marilyn Monroe as the centrefold....
...own capital to fund loans, becoming, in part, the sort of balance sheet lender it was founded to disrupt: As a result of the circumstances relating to our internal board review into certain private loan sales...
...Mack owned approximately 31% of limited partnership interests in the holding company....
...The auction is the latest in a series of sales of coloured diamonds that have broken records around the world....
...Mr Cagney told the Financial Times that Mr Jain’s experience should be valuable as SoFi looks to broaden its sources of funds beyond securitisation programmes and sales of loans to banks....
...Mr Lundstedt also faces questions about Volvo’s multitude of brands from Renault Trucks in Europe to Mack in the US and UD in Japan....
...BGC’s sale of eSpeed to Nasdaq may provide the blueprint....
...His estate has earned $700m since his death, according to Michael Jackson Inc, a recent book about the singer’s business empire....
...The sale allows the companies to “finally maximise the full value of this iconic asset on a full city block in midtown Manhattan”, said Christopher Nassetta, chief executive of Hilton Worldwide....
...The two companies have also been recruiting from Wall Street’s ranks, with Lending Club tapping John Mack, the former chief executive of Morgan Stanley, and Mary Meeker, the prominent former bank analyst...
...YY Inc is one of the hottest tech companies you’ve never heard of....
...But decades later, the landmark hotel famed for hosting the likes of mobster Bugsy Siegel and actress Marilyn Monroe became tired and lost its competitive advantage – a fate which mirrored that of its parent...
...Graff did not exist when Ms Monroe demanded diamonds, or it would have been on her wishlist since its wares begin only where Cartier and co leave off....
...A ‘significant share’ of the sale proceeds will flow back to shareholders, the company said....
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