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WPP, Providence Equity Boost Sports Portfolio With Joint Deal For Chime Communications

Published in SportsBusiness Daily on 08 / 03 / 15

Chime Communications "has agreed" to a $585M joint takeover offer from global advertising/PR conglomerate WPP and U.S.-based Providence Equity Partners, according to Aglionby & Cookson of the FINANCIAL TIMES. Chime Chair Mervyn Davies said while the company had "achieved great success in bu...

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11/11/98
FOX IPO DRAWS HUGE INTEREST AS SHARES HIT MARKET TODAY

Investors "gobbled up" shares of Fox Entertainment Group in its IPO, paying $22.50 for each of the 124.8 million shares, raising $2.81B, according to a WALL STREET JOURNAL report. The IPO "attracted m

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11/10/98
FOX ENTERTAINMENT DOUBLES PROFITS AS IPO APPROACHES

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11/09/98
BUZZ BIG AROUND FOX IPO, WHICH IS SET TO SAIL ON THURSDAY

The "hottest thing" coming out of News Corp. Chair Rupert Murdoch''s "media empire is the" $2B IPO of the Fox Entertainment Group, according to Phyllis Furman of the N.Y. DAILY NEWS. On Thursday, Murd

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11/04/98
DISNEY ANNOUNCES 24% DROP IN PROFIT IN SEPTEMBER QUARTER

Disney announced that losses on recent film releases, including "Holy Man" and "Beloved," along with the ABC/ESPN NFL contract, "helped send" the company''s profit down 24% to $296M in the September q

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11/03/98
REPORT HAS NFL PROPERTIES FINANCES AND DETAILS ON FACILITY

Global "economic uncertainties" are "forcing the NFL to suspend plans to sell bonds worth $600 million to private investors to help fund a $1.1 billion credit facility," according to Daniel Kaplan of

Tags: Dallas Cowboys, Denver Broncos, Edmonton Oilers, Finance, New England Patriots, New Orleans Saints, NFL, NFLE, San Francisco 49ers, St. Louis Rams, Tampa Bay Buccaneers

11/03/98
ADIDAS-SALOMON REPORTS $165M LOSS IN INITIAL NINE MONTHS

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10/30/98
STARTER UP: NET INCOME RISES BUT NBA LOCKOUT HURTS SALES

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10/28/98
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10/23/98
OAKLEY SHOE LINE OFF TO A SLOW START, GLASSES PICK UP SLACK

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10/23/98
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