koch brothers

SoftBank Group (OTC: SFTBY)-backed Fortress Investment Group has agreed to buy Wm Morrison Supermarkets PLC (OTC: MRWSY) for about $8.7 billion, Bloomberg reports.  Last month, it turned down a lower bid from Clayton Dubilier & Rice (CD&R).  CD&R has...

Billionaire philanthropist, industrialist and conservative icon David Koch has died at 79.  His death Thursday followed a period of declining health and was announced by his brother Charles. David had battled prostate cancer for two decades. The Koch brothers put hundreds of millions of...

Meredith Corporation (NYSE: MDP), a company that owns multiple TV stations, digital and mobile operations and other media platforms, agreed to acquire Time Inc (NYSE: TIME), the content company best known for operating People, Time, Fortune, and Sports Illustrated magazines. What You Need To Know...

Time Inc (NYSE: TIME) traded up 27 percent Thursday after Charles and David Koch were revealed as the backers of Meredith Corporation (NYSE: MDP)’s takeover bid. The Koch brothers agreed to back Meredith’s purchase with more than $500 million, according to the New York Times ...

Charles and David Koch are billionaire brothers that run Koch Industries. They're known for their savvy investments in various sectors, but one of their investments may have flown under the radar: An investment with Bernie Madoff. The Koch brothers invested an unknown amount of money with...

Reversing an August decision to drop the Qatar-owned network when it took over Current, Time Warner Cable (NYSE: TWC) agreed Thursday to carry Al Jazeera America according to The New York Times. This deal provides the broadcaster exposure to millions of additional households, first in New York...

An article in this month’s The New Yorker entitled, Covert Operations - The billionaire brothers who are waging a war against Obama, by Jane Mayer, reveals that much of the seed money for the Tea Party came from the billionaire, libertarian, right wing, Koch brothers. Who are the Koch brothers?...