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Posts Tagged ‘Forstmann Little’s deals’

IMG’s Ted Forstmann: “Wall Street Never Had Principles”

Posted by Larry Doyle on January 5th, 2010 2:36 PM |

Forstmann

Theodore J. Forstmann, IMG Chairman and CEO

Ted Forstmann is a Wall Street legend.

Those on Wall Street know Ted for his dealmaking prowess. His deal to purchase IMG (International Management Group) in 2004 positioned him atop this sports, entertainment, and media enterprise. Forstmann is a world renowned philanthropist. What more can we learn about this entrepreneur? From the IMG website:

Ted Forstmann is Chairman and CEO of IMG and the senior founding partner of the pre-eminent leveraged buyout firm, Forstmann Little & Co.

Since acquiring IMG in 2004, Mr. Forstmann has established a world-class management team at IMG and leads the company’s growth by expanding its global footprint, acquiring new businesses and talent that complement its breadth of services, creating and owning content, and streamlining the organization and its cost structure. He has transitioned IMG from a company known primarily for its sports businesses to one that is now taking advantage of the strong synergies between sports, entertainment and media. (more…)






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