Sogturtle
Sophmoric Member ;o)
http://www.forbes.com/2002/10/08/1008facespm.html?partner=yahoo&referrer=
(if the link doesn't work for you then read it here...)
Faces In The News
Faces Of The Week: Oct. 8, 2002
Forbes.com staff, 10.08.02, 6:51 PM ET
Haim Saban in talks to buy Muppets.
"Billionaire Haim Saban, looking to invest his newfound wealth, is in talks to buy Muppet-maker Jim Henson Co., at a steep discount to what Germany's EM.TV & Merchandising AG paid for it, according to people close to the situation. The two sides are still haggling over the price, but it is broadly in the vicinity of about $100 million, according to the sources. EM.TV paid $680 million for Henson in February 2000. Jim Henson produces movies, such as "Muppets in Space," and its world-famous creature shop makes well-known puppets such as Miss Piggy and the Cookie Monster, and creates special effects. It won an Oscar for the special effects in the film "Babe." Saban, impresario of the popular and successful children's characters "Mighty Morphin Power Rangers," landed a $1.4 billion windfall last year when he and his partners sold cable station Fox Family Worldwide--which had been also 49.5%-owned by Rupert Murdoch News Corp. (nyse: NWS - news - people )--to Disney (nyse: DIS - news - people ). Saban is also bidding for insolvent German media group KirchMedia, Leo Kirch's eponymous--and insolvent--German media empire."
[Hmmmm I guess henceforth they'll be called "Haim Saban's Muppets"...
(if the link doesn't work for you then read it here...)
Faces In The News
Faces Of The Week: Oct. 8, 2002
Forbes.com staff, 10.08.02, 6:51 PM ET
Haim Saban in talks to buy Muppets.
"Billionaire Haim Saban, looking to invest his newfound wealth, is in talks to buy Muppet-maker Jim Henson Co., at a steep discount to what Germany's EM.TV & Merchandising AG paid for it, according to people close to the situation. The two sides are still haggling over the price, but it is broadly in the vicinity of about $100 million, according to the sources. EM.TV paid $680 million for Henson in February 2000. Jim Henson produces movies, such as "Muppets in Space," and its world-famous creature shop makes well-known puppets such as Miss Piggy and the Cookie Monster, and creates special effects. It won an Oscar for the special effects in the film "Babe." Saban, impresario of the popular and successful children's characters "Mighty Morphin Power Rangers," landed a $1.4 billion windfall last year when he and his partners sold cable station Fox Family Worldwide--which had been also 49.5%-owned by Rupert Murdoch News Corp. (nyse: NWS - news - people )--to Disney (nyse: DIS - news - people ). Saban is also bidding for insolvent German media group KirchMedia, Leo Kirch's eponymous--and insolvent--German media empire."
[Hmmmm I guess henceforth they'll be called "Haim Saban's Muppets"...