BITES INTO FORBES
Copyright 2006 www.tombraiderchronicles.com
[ August 9th 2006 ]
Partners, the private equity firm helmed by Irish
rock star Bono, has become a minority shareholder
in a newly formed company, Forbes Media LLC, according
Terms of the investment were not revealed.
Partners had originally been pinned as favourite
to snap up Eidos
plc - the creators of Lara
Croft - but ordinary shareholders voted in
favour of an all-share offer from rival publisher
SCi Entertainment Group in 2005.
Partners is a newly formed private equity firm
that makes large-scale investments in market-leading
media, entertainment, and consumer-related businesses.
focuses on investing in intellectual property
and content oriented businesses, as well as traditional
media and entertainment companies.