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Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. [2] A billionaire, Forstmann was a Republican and a philanthropist. He supported school choice and funded scholarship programs ...
On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker ...
Forstmann was a founding partner and investor in Instinet, the first electronic trading platform. Forstmann Little & Co. Forstmann was an original investor in Forstmann Little & Company in 1975 with his two brothers, Theodore J Forstmann (Ted) and Nicholas C Forstmann (Nick). At its peak, the company was one of the largest private equity firms ...
Ruttenberg arranged funding for Forstmann, who launched Forstmann Little & Company in 1978. The company was founded by brothers Ted and Nick Forstmann, and Brian Little. With the deaths of Brian Little and Nicholas Forstmann in 2000 and 2001, respectively, Ted Forstmann was the chief partner. A third brother, J. Anthony Forstmann, is a limited ...
Updated August 28, 2020 at 1:19 PM. A former Playboy model killed herself and her 7-year-old son after jumping from a hotel in Midtown New York City on Friday morning. The New York Post reports ...
In 2004, Forstmann Little, led by Theodore J. Forstmann, acquired the company; Forstmann served as chairman and CEO until his death in late 2011. On June 1, 2006, IMG Media acquired Tiger Aspect Productions , the producer of the British television series Mr. Bean and the company, along with Darlow Smithson Productions (also acquired in 2006 ...
Over the past two decades, more than 40,000 boys and girls in 16 states have gone through one of Slattery’s prisons, boot camps or detention centers, according to a Huffington Post analysis of juvenile facility data. The private prison industry has long fueled its growth on the proposition that it is a boon to taxpayers, delivering better ...
June 25, 2024 at 11:59 AM. LAKE TOXAWAY, N.C. (AP) — A 12-year-old boy who was enrolled in a wilderness therapy program for troubled youths in North Carolina died in February from an inability ...