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Posts by Hank Tucker

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Why Private Equity Is Suddenly Awash With Zombie Firms Hundreds of private equity firms are drowning in a sea of competition, searching for lifeboats of new capital as they cling to portfolios of nearly unsaleable investments.

Great investigation by @forbes.com @hanktucker1.bsky.social on the growing number of "zombie" private equity firms--who have stopped raising new funds and aren't out selling assets: www.forbes.com/sites/hanktu... #privateequity

2 months ago 11 5 1 0
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Billionaire Trump Donor Paulson Scores Windfall Thanks To Government’s Investment In Trilogy Metals One of Donald Trump’s earliest supporters on Wall Street owns a stake in the tiny mining business that tripled overnight on news of the government’s investment.

"Billionaire Trump Donor Paulson Scores Windfall Thanks To Government’s Investment In Trilogy Metals"

@hanktucker1.bsky.social for @forbes.com

6 months ago 18 20 4 2
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Inside Washington Spirit Owner Michele Kang’s Plan To Revolutionize Women’s Soccer After selling her health care company, the billionaire is out to prove her three teams can compete with the men’s game as a real business—and she’s willing to spend whatever it takes.

After selling her health care company, Michele Kang is out to prove her three women's soccer teams can compete with the men’s game as a real business—and she’s willing to spend whatever it takes.

Story at @forbes.com: www.forbes.com/sites/justin...

10 months ago 6 3 1 0
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As Trump’s Tariffs Rock The Market, Sports Team Owners Have Nothing To Fear The president’s erratic policies are raising concerns the economy might be headed for a downturn, but history suggests that franchise values will continue to climb regardless.

President Trump’s erratic policies are raising concerns the economy might be headed for a downturn, but history suggests that sports franchise values will continue to climb regardless.

A look inside the trend, from me and @hanktucker1.bsky.social, at @forbes.com: www.forbes.com/sites/justin...

11 months ago 3 2 1 0

Shocking ending to an unforgettable season. I’ll never forget the loss but I’ll never forget the dominance up until the last 30 seconds tonight either.

1 year ago 1 1 0 0
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Why The Expected Trump M&A Boom Is A Bust–So Far Dealmakers’ post-election optimism has fizzled amid Trump-induced economic uncertainty. Are deals dead or just delayed?

Investors expected an M&A boom this year. Which hasn't happened. "The primary culprit is Trump’s tariff policy and erratic moves, which have sparked fears of an uptick in inflation (meaning a slowing or halt to Fed rate cuts) and of an economic slowdown," writes @hanktucker1.bsky.social

1 year ago 0 1 0 0
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The Eagles Are Super Bowl Champions. Here’s How Their Owner Made His $5.3 Billion Fortune. Jeffrey Lurie mortgaged his family fortune to buy a struggling team in 1994. Now, Philadelphia is one of the NFL’s most valuable franchises and a two-time Super Bowl champion.

Jeffrey Lurie mortgaged his family fortune to buy a struggling team in 1994. Now, Philadelphia is one of the NFL’s most valuable franchises and a two-time Super Bowl champion.

Story at @forbes.com: www.forbes.com/sites/justin...

1 year ago 143 18 5 1
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The NFL’s Favorite Mentalist Already Knows You’re Going To Click On This Since his breakthrough appearance on “America’s Got Talent,” Oz Pearlman has been working his magic on Corporate America. Now he’s taking his game to a new level by enchanting the world’s top athletes...

If you’ve ever thought magic isn’t a real thing, reading @justbirny.bsky.social’s feature on Oz Pearlman (and watching him guess his bank PIN) might make you reconsider. Think about that next time someone tries to tell you Santa isn’t real.
www.forbes.com/sites/justin...

1 year ago 1 1 0 1
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How Billionaire Mets Owner Steve Cohen Is Redefining MLB’s Hierarchy With A $765 Million Juan Soto Deal Baseball’s wealthiest owner is sparing no expense to make the Mets the top team in New York—and the entire league.

Baseball’s wealthiest owner is sparing no expense to make the Mets the top team in New York—and the entire league.

On Steve Cohen and Juan Soto, courtesy of @hanktucker1.bsky.social at @forbes.com: www.forbes.com/sites/hanktu...

1 year ago 4 1 0 1
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1/3 Over the past 3 years, more than 70 of my colleagues have left @forbes.com. Reporters who mentored me closely—and encouraged me to pursue journalism with conviction & confidence despite a discouraging media landscape—left because management wasn’t willing to pay them what they're worth.

1 year ago 28 22 2 1
https://actionnetwork.org/petitions/stop-the-union-busting-at-forbes-now

The @forbesunion.bsky.social has walked off the job in a 24-hour work stoppage in protest of Forbes continued intransigence at the bargaining table and repeated labor law violations.

Stand with us and tell Forbes we deserve a fair contract. t.co/Lz5HYC0bFl

1 year ago 6 4 0 1