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90'sNBARocked
02-12-2010, 11:29 AM
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20100211/FREE/100219980/1001


New York—Herb Simon, owner of the NBA's Indiana Pacers, announced Wednesday that he has acquired Kirkus Reviews from Nielsen Co.

Nielsen Business Media, a unit of Nielsen Co., had previously announced plans to close the iconic biweekly trade magazine, which publishes reviews of soon-to-be-released books.

Financial terms of the deal were not disclosed.

In order for Mr Simon to aquire a company he has to have money, so we can afford talent

Pacersfan46
02-12-2010, 11:32 AM
This makes no sense.

-- Steve --

Eindar
02-12-2010, 12:25 PM
More likely it would mean that Simon needs to shed assets that aren't generating a profit in order to increase capital and clear room on the overall bottom line for the inevitable losses the company will post while it is being reorganized/made profitable.

Having said that, most likely it means nothing.

BillS
02-12-2010, 12:41 PM
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20100211/FREE/100219980/1001



In order for Mr Simon to aquire a company he has to have money, so we can afford talent

1+1=3??

That's like a teenage girl saying "Daddy, you just bought a new washing machine, that means you can buy me the Mustang I wanted!"

Roaming Gnome
02-12-2010, 01:42 PM
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20100211/FREE/100219980/1001



In order for Mr Simon to aquire a company he has to have money, so we can afford talent

:picard:

count55
02-12-2010, 01:47 PM
I'm surprised nobody's complaining about the lack of D.

90'sNBARocked
02-12-2010, 02:27 PM
I'm surprised nobody's complaining about the lack of D.

nice one

Kstat
02-12-2010, 02:31 PM
A $66 million payroll isnt high enough?

BillS
02-12-2010, 03:02 PM
I'm surprised nobody's complaining about the lack of D.

Kirkus Reviews has better D than Murphy.

btowncolt
02-12-2010, 03:59 PM
D*mn that Jim O'Brien.