Saturday, April 1, 2023 Apr 1, 2023
57° F Dallas, TX

Tom Hicks Is Not Dead Yet

By Tim Rogers |

A financially minded FrontBurnervian points us to the news that Tom Hicks’ Hicks Equity Partners is about to close a $558 million deal to sell its Latrobe Specialty Metals to Carpenter Technology Corp. If you plow through some SEC stuff, it appears that Hicks turned a $21 million investment into about $165 million over four and a half years. Nice!