#Kevin Hart’s media company HartBeat gets 0M investment

#Kevin Hart’s media company HartBeat gets $100M investment

“Kevin Hart’s media company HartBeat gets $100M investment” Stand-up comedian and Hollywood actor Kevin Hart on Tuesday launched a new media company called HartBeat, with a $100 million investment from private equity firm Abry Partners. Abry, which focuses on investments in the media, communication and information services space, took a minority stake in the company at an undisclosed valuation….

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#Neiman Marcus lands 0M investment from Farfetch

#Neiman Marcus lands $200M investment from Farfetch

“Neiman Marcus lands $200M investment from Farfetch” UK luxury e-tailer Farfetch is investing $200 million in Neiman Marcus to drive the swanky department store’s digital growth, the companies announced on Tuesday. London-based Farfetch is taking a minority stake in Neiman, which also owns the two Bergdorf Goodman stores in New York City. Farfetch will initially…

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#NordicTrack CEO Scott Watterson forced out in battle with Peloton

#NordicTrack CEO Scott Watterson forced out in battle with Peloton

“NordicTrack CEO Scott Watterson forced out in battle with Peloton” The maker of NordicTrack exercise bikes and treadmills got a financial lifeline this month — but only after the struggling Peloton rival’s founder agreed to step down as chief executive, The Post has learned. Investors insisted that 66-year-old Scott Watterson — a hard-charging billionaire entrepreneur…

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#Activist investor Elliott Management takes a stake in Toshiba

#Activist investor Elliott Management takes a stake in Toshiba

“#Activist investor Elliott Management takes a stake in Toshiba” Hedge fund Elliott Management said it has built a stake in troubled Japanese industrial conglomerate Toshiba, which is undertaking a strategic review amid pressure from other shareholders. Elliott, one of the world’s most powerful activist investors, which oversees some $48 billion in assets, said in a statement to Reuters…

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#Enron’s Skilling reportedly taps McKinsey cohorts for energy invest biz

#Enron’s Skilling reportedly taps McKinsey cohorts for energy invest biz

“#Enron’s Skilling reportedly taps McKinsey cohorts for energy invest biz” Former Enron CEO Jeffrey Skilling’s stealth energy investment venture has launched, two people familiar with the matter said this week, staffed with former McKinsey & Co. consultants like himself and offering a technology edge to oil and gas returns. Skilling was convicted of securities fraud and insider…

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#Scooter Braun sued over failed venture

#Scooter Braun sued over failed venture

“#Scooter Braun sued over failed venture” Music exec Scooter Braun, best known for his ugly public spat with Taylor Swift, lured a high-flying financier into a dead-end job by name-dropping stars like Kanye West, according to a new lawsuit.  Former Goldman Sachs partner Peter Comisar says Braun duped him into leaving his lucrative gig at…

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#Buyout firm owned by Tom Gores eyes B sale: report

#Buyout firm owned by Tom Gores eyes $4B sale: report

“#Buyout firm owned by Tom Gores eyes $4B sale: report” Portable toilets vendor United Site Services is exploring a sale that could value it at around $4 billion, including debt, as its hand wash stations business sees strong demand during the pandemic, people familiar with the matter said on Friday. Platinum Equity, the buyout firm…

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