FB News

Pritzker family to sell 60% of Marmon Holdings to Berkshire Hathaway

2 January, 2008 02:32 PM

Marmon Holdings, an international association that is owned by the Pritzker family and made up of more than 125 manufacturing and service businesses with combined revenues of $7 billion, is to sell 60% of its shares to Berkshire Hathaway, the conglomerate owned and managed by billionaire Warren Buffett, for $4.5 billion.

Global families: Global family, public business

1 January, 2008 11:46 AM

John Davis

When a family business goes global, by choice or by circumstance, the family could then face the further decision of whether or not to go public. Will this make the business easier to manage or will the family lose control? John A Davis explores …

Abuse of power

1 January, 2008 11:08 AM

William Boston

Reports of corruption and fraud in major businesses have filled the first weeks of the new year with some notable family names being sullied. William Boston examines the implications of corruption allegations at a family business

Murdoch family prolongs dynasty with new appointment

17 December, 2007 05:54 PM

The long-running saga of whether Rupert Murdoch would choose one his siblings to be his successor finally looks to be over with the appointment of James Murdoch as chairman and CEO for News Corporation Europe and Asia.

Too good to be TrUE?

NEWS: TRENDSETTER

11 December, 2007 01:33 PM

Michael Fischer

A problem for many companies is how to raise liquidity and yet remain private. Michael Fischer discovers that one firm may have found the answer – a little known electronic
market that US businesses are keen to join and competitors are desperate to copy

Qualcomm to acquire mobile banking leader Firethorn

3 December, 2007 12:36 PM

Qualcomm Inc, the family-owned telecommunications firm has agreed to acquire Atlanta-based Firethorn Holdings, LLC, an industry-leading mobile banking enabler. Qualcomm will pay approximately $210 million in cash for Firethorn