Post by James Allan on Aug 30, 2013 5:06:02 GMT -5
Texas Pacific investment group owns Univision the spanish television station and needs illegals for profit.
Ever wonder what's fueling illegal immigration and sanctuary cities? Ever wonder who's paying our democratic politicians to keep the borders open?.
On February 9, 2006, Univision Communications confirmed that it was putting itself up for sale. Rupert Murdoch, chairman of News Corporation, stated that his company was considering buying Univision, but backed off that position.[10] Other expected bidders announced were Time Warner, CBS, Disney, Grupo Televisa of Mexico (under a partnership, due to foreign ownership laws in the U.S.), Bill Gates, and several private equity firms. Tribune Company was rumored to be interested in buying TeleFutura, a subsidiary network of Univision.[11]
On June 27, 2006, Univision announced that it accepted a $12.7 billion bid from a group of private equity investors led by TPG Capital and Thomas H. Lee Partners. The investor group also included Madison Dearborn, Providence Equity, and children's television mogul Haim Saban. On March 27, 2007, federal regulators approved the sale.[12] According to the Los Angeles Times, the deal was closed and the ownership change was made official on that same day
TPG (Texas Pacific Group) profile:
TPG Capital (formerly Texas Pacific Group) is one of the largest private equity investment firms globally, focused on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations. TPG also manages investment funds specializing in growth capital, venture capital, public equity, and debt investments. The firm invests in a broad range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care.
The firm was founded in 1992 by David Bonderman, James Coulter and William S. Price III. Since inception, the firm has raised more than $50 billion of investor commitments across more than 18 private equity funds.[1]
TPG is headquartered in Fort Worth, Texas and San Francisco, California,.[2] The company has additional offices in Europe, Asia, Australia and North America.
Texas Pacific Group in the early 2000s
Texas Pacific Group Historical Logo, in use prior to the firm's 2007 rebranding
TPG Ventures is founded in 2001
In 2000, TPG and Leonard Green & Partners invested $200 million to acquire Petco, the pet supplies retailer as part of a $600 million buyout.[14] Within two years they sold most of it in a public offering that valued the company at $1 billion. Petco’s market value more than doubled by the end of 2004 and the firms would ultimately realize a gain of $1.2 billion. Then, in 2006, the private equity firms took Petco private again for $1.68 billion.[15]
That same year, in 2000, TPG completed the controversial acquisition of Gemplus SA, one of the leading smart card manufacturers. TPG won a struggle with the company's founder, Marc Lassus, for control of the company.[16] Also in 2000, TPG completed an investment in Seagate Technology.
In 2001, TPG acquired Telenor Media, a Norwegian phone-directory company, for $660m, and shortly thereafter acquired a controlling interest in the third largest silicon-wafer maker MEMC Electronic Materials.[17]
In July 2002, TPG, together with Bain Capital and Goldman Sachs Capital Partners, announced the high profile $2.3 billion leveraged buyout of Burger King from Diageo.[18] However, in November the original transaction collapsed, when Burger King failed to meet certain performance targets. In December 2002, TPG and its co-investors agreed on a reduced $1.5 billion purchase price for the investment.[19] The TPG consortium had support from Burger King's franchisees, who controlled approximately 92% of Burger King restaurants at the time of the transaction. Under its new owners, Burger King underwent a major brand overhaul including the use of The Burger King character in advertising. In February 2006, Burger King announced plans for an initial public offering.[20]
TPG's San Francisco offices at 345 California Street
In November 2003, TPG provided a proposal to buy Portland General Electric from Enron. However, concerns about debt and local politics led to Oregon's Public Utilities Commission regulators to deny permission for the purchase March 10, 2005.Oregon Public Utility Commission (March 10, 2005). "ORDER NO. 05-114" (PDF). Retrieved 2008-02-01.
TPG ventured into the film business in late 2004 in the major leveraged buyout of Metro-Goldwyn-Mayer. A consortium led by TPG and Sony completed the $4.81 billion buyout of the film studio. The consortium also included media-focused firms Providence Equity Partners and Quadrangle Group as well as DLJ Merchant Banking Partners.[21] The transaction, which was announced in September 2004, was completed in early 2005.
Also in 2005, TPG was one of seven private equity firms involved in the buyout of SunGard in a transaction valued at $11.3 billion. TPG's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and The Blackstone Group. This represented the largest leveraged buyout completed since the takeover of RJR Nabisco at the end of the 1980s leveraged buyout boom. Also, at the time of its announcement, SunGard would be the largest buyout of a technology company in history, a distinction it would cede to the buyout of Freescale Semiconductor. The SunGard transaction is also notable in the number of firms involved in the transaction, the largest club deal completed to that point. The involvement of seven firms in the consortium was criticized by investors in private equity who considered cross-holdings among firms to be generally unattractive.
Ever wonder what's fueling illegal immigration and sanctuary cities? Ever wonder who's paying our democratic politicians to keep the borders open?.
On February 9, 2006, Univision Communications confirmed that it was putting itself up for sale. Rupert Murdoch, chairman of News Corporation, stated that his company was considering buying Univision, but backed off that position.[10] Other expected bidders announced were Time Warner, CBS, Disney, Grupo Televisa of Mexico (under a partnership, due to foreign ownership laws in the U.S.), Bill Gates, and several private equity firms. Tribune Company was rumored to be interested in buying TeleFutura, a subsidiary network of Univision.[11]
On June 27, 2006, Univision announced that it accepted a $12.7 billion bid from a group of private equity investors led by TPG Capital and Thomas H. Lee Partners. The investor group also included Madison Dearborn, Providence Equity, and children's television mogul Haim Saban. On March 27, 2007, federal regulators approved the sale.[12] According to the Los Angeles Times, the deal was closed and the ownership change was made official on that same day
TPG (Texas Pacific Group) profile:
TPG Capital (formerly Texas Pacific Group) is one of the largest private equity investment firms globally, focused on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations. TPG also manages investment funds specializing in growth capital, venture capital, public equity, and debt investments. The firm invests in a broad range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care.
The firm was founded in 1992 by David Bonderman, James Coulter and William S. Price III. Since inception, the firm has raised more than $50 billion of investor commitments across more than 18 private equity funds.[1]
TPG is headquartered in Fort Worth, Texas and San Francisco, California,.[2] The company has additional offices in Europe, Asia, Australia and North America.
Texas Pacific Group in the early 2000s
Texas Pacific Group Historical Logo, in use prior to the firm's 2007 rebranding
TPG Ventures is founded in 2001
In 2000, TPG and Leonard Green & Partners invested $200 million to acquire Petco, the pet supplies retailer as part of a $600 million buyout.[14] Within two years they sold most of it in a public offering that valued the company at $1 billion. Petco’s market value more than doubled by the end of 2004 and the firms would ultimately realize a gain of $1.2 billion. Then, in 2006, the private equity firms took Petco private again for $1.68 billion.[15]
That same year, in 2000, TPG completed the controversial acquisition of Gemplus SA, one of the leading smart card manufacturers. TPG won a struggle with the company's founder, Marc Lassus, for control of the company.[16] Also in 2000, TPG completed an investment in Seagate Technology.
In 2001, TPG acquired Telenor Media, a Norwegian phone-directory company, for $660m, and shortly thereafter acquired a controlling interest in the third largest silicon-wafer maker MEMC Electronic Materials.[17]
In July 2002, TPG, together with Bain Capital and Goldman Sachs Capital Partners, announced the high profile $2.3 billion leveraged buyout of Burger King from Diageo.[18] However, in November the original transaction collapsed, when Burger King failed to meet certain performance targets. In December 2002, TPG and its co-investors agreed on a reduced $1.5 billion purchase price for the investment.[19] The TPG consortium had support from Burger King's franchisees, who controlled approximately 92% of Burger King restaurants at the time of the transaction. Under its new owners, Burger King underwent a major brand overhaul including the use of The Burger King character in advertising. In February 2006, Burger King announced plans for an initial public offering.[20]
TPG's San Francisco offices at 345 California Street
In November 2003, TPG provided a proposal to buy Portland General Electric from Enron. However, concerns about debt and local politics led to Oregon's Public Utilities Commission regulators to deny permission for the purchase March 10, 2005.Oregon Public Utility Commission (March 10, 2005). "ORDER NO. 05-114" (PDF). Retrieved 2008-02-01.
TPG ventured into the film business in late 2004 in the major leveraged buyout of Metro-Goldwyn-Mayer. A consortium led by TPG and Sony completed the $4.81 billion buyout of the film studio. The consortium also included media-focused firms Providence Equity Partners and Quadrangle Group as well as DLJ Merchant Banking Partners.[21] The transaction, which was announced in September 2004, was completed in early 2005.
Also in 2005, TPG was one of seven private equity firms involved in the buyout of SunGard in a transaction valued at $11.3 billion. TPG's partners in the acquisition were Silver Lake Partners, Bain Capital, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners, and The Blackstone Group. This represented the largest leveraged buyout completed since the takeover of RJR Nabisco at the end of the 1980s leveraged buyout boom. Also, at the time of its announcement, SunGard would be the largest buyout of a technology company in history, a distinction it would cede to the buyout of Freescale Semiconductor. The SunGard transaction is also notable in the number of firms involved in the transaction, the largest club deal completed to that point. The involvement of seven firms in the consortium was criticized by investors in private equity who considered cross-holdings among firms to be generally unattractive.
