How Do You Get a Buyout Firm to Chase a Deal After You Tell Them They Have No Chance?
Egon flew down, asked to buy a piece of the company, and said he wanted to go after IMG. The raise had been aimed at about $2 billion, with approaches to Martin Sorrell at WPP, and the answer was that a P firm had no chance. Egon asked for the numbers and three weeks, came back with an offer, and they went after IMG.
Channeling Rage, Rolling Calls & Building an Entertainment Empire | Ari Emanuel, WME & TKO ·