Tom Hicks Beginning a New Business Life

His repute severely offended by his debt-laden athleticses squads, Tom Hicks is beginning a new chapter in his professional life at an historic period when many think about turning in. Fellows pronounce the 64-year-old private-equity pioneer hasn’t lost any piquantness for the acquisition game. So, in recent twelvemonths, he put together multimillion-dollar wads in zip, engineering science and health care.

And, after a little drouth, more deals are in the workplaces, he articulated in a wide ranging interview with The Dallas Morning News.

“This class, we ‘re back on criminal offence,” enunciated Hicks, flanked by two of his logos at a council board in his agencies at the Crescent in Uptown Dallas.

He enunciated he anticipates to shut on a “sizeable” buyout of a consumer-products business firm this summer. He’s likewise researching the creation of a 2d special-purpose acquisition company — a “blank-check” company in which investors basically bet on a direction squad’s deal-making power.


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