Mergers & Acquisitions
Jan. 21, 2004
Life is Good for Time's Music-Video Unit
Daniel Clivner sipped his champagne early this New Year's Eve. The Los Angeles lawyer was celebrating Time Inc.'s sale of Time Life Inc., its music and video direct-marketing subsidiary. Direct Holdings Worldwide, a company formed by Clivner clients Ripplewood Holdings and ZelnickMedia Corp., acquired the company for an undisclosed amount.
The Los Angeles lawyer was celebrating Time Inc.'s sale of Time Life Inc., its music and video direct-marketing subsidiary. Direct Holdings Worldwide, a company formed by Clivner clients Ripplewood Holdings and ZelnickMedia Corp., acquired the company for...
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