Thursday, March 28, 2024 Mar 28, 2024
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Business

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!

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