Alec Gores, the buyout sponsor of the deal, told New York Times that the “market has shifted — and we totally get that…[a]s long as you have a great company, the market is going to go in 100 ...
Leave it to Alec Gores to turn everything he touches into gold. Since 1992, the chairman of the Los Angeles–based Gores Technology Group has completed over 35 deals ...
The transaction will be funded by $375 million in cash held in Gores' trust account, and a $350 million placement by institutional investors led by Alec Gores, the holding's CEO, the companies said.
He named Bill Ackman, Todd Boehly, Michael Klein, and Alec Gores as investors with long track records of success. "There's a lot of really bad product out there versus good product. But give me a ...