Soros becomes the owner of Spanish high-jinks playground
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The billionaire financier George Soros has become the ultimate owner of La Manga, the exclusive Spanish resort notorious as a high-jinks playground for Premiership footballers, under a â¬146m (Â£102m) sale completed yesterday.
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State, Gov. Eliot Spitzer announced today an agreement to allow an upstate entrepreneur to build the resort.
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The founder of Cirque du Soleil is taking an elaborate new equestrian-based circuslike extravaganza called "Cavalia" on tour.
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The former co-chairman of Santander Central Hispano, which has made an 8.32bn ( 12.3bn) agreed bid for Abbey National, receives an annual pension of 5m and also has use of an office and secretary.
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The bulk of the Elvis Presley estate has been sold to a US promoter for a cool $100 million (Â£52m). Robert Sillerman, founder of promoter SFX Entertainment, will take over Presley trademark rights, intellectual
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The owner of a popular bowling alley in Greenwich Village said Thursday his company is was severing ties with a group tied to the late Palestinian leader Yasser Arafat and is returning its $1.3 million investment.
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MICHEL David-Weill, the septuagenarian chairman of investment bank Lazard, has finally given his consent to a Â£1.7bn Wall Street float that would end more than 150 years of private ownership for the venerable City firm.
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He was a billionaire media entrepreneur viewed by Spaniards as crucial to restoring the free press during the countryâs transition to democracy in the 1970s.
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European theme parks are drawing investors, most notably from private equity funds.
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For Jorge Hank Rhon - gambling tycoon, racetrack operator and Tijuana's new mayor - scandals seem to swirl like mosquitoes.
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Federally owned lands are being transformed into the new playgrounds, and battlegrounds, of the American West.
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At 74, philanthropist and left-leaning billionaire George Soros is finally handing over his $12.8 billion money management empire to his two sons, also activists like him.
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George Soros, the billionaire investor, is giving greater control of his business to his two sons, Robert and Jonathan, and at the same time scaling back his empire by spinning off several divisions.
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SAN FRANCISCO (CBS.MW) -- Lazard, the last major privately held European investment bank, filed late Friday with US regulators to raise up to $850 million in an initial public offering, apparently a victory for dealmaker Bruce Wasserstein.
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An Egyptian man suspected of playing a key role in the Madrid train bombings has been handed over to Spain.
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Planet Hollywood investors on Wednesday said they officially had taken over the Aladdin casino, the megaresort on the Las Vegas Strip that they won a year ago in a bankruptcy sale for &#36;635 million.
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The decision to sell the privately held company is a surprise move by the companyâs eccentric founder.