Report title: Investor Group acquires a minority stake in Enquirer/Star Group Inc from Evercore Partners Inc
from Thomson Financial Mergers & Acquisitions
published Apr 21, 1994

Price $36.00 available for immediate download Adobe Acrobat
Report Overview
An investor group including US Growth Fund and Investors Global Fund raised its stake to 5.07% from 4.96 in Enquiror/Star Group by acquiring 21,700 Class A common shares in open market transactions from $14.50 to $14.75 per share. Based on the range high price, the raised stake had an indicated value of $.320 mil in cash. In April 1994, an investor group comprised of MacFadden Holdings and Boston Ventures offered to acquire the remaining 43%, or 18 mil Class A shares of Enquirer/ Star Group that they did not already own for $315 mil.

Acquirer: Investor Group
Acquirer Business Discription: Investor group
Acquirer SIC Code: 6799 - Investors, nec
Target Name: Enquirer/Star Group Inc
Target Business Description: Publish tabloid newspapers
Target Ultimate Parent: Evercore Partners Inc
Target SIC Code: 2711 - Newspapers: publishing, or publishing & printing
Please Note: Target Financials are not included in this report.Explain

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 Thomson Financial Mergers & Acquisitions
Thomson Financial's (TF) Worldwide Mergers and Acquisitions database covers public and private transactions involving at least a 5% ownership of a company. Transactions include m&a, stock swaps, LBO's, spinoffs, rumored and seeking buyer deals, and more. U.S. deals date as far back as 1979, and international deals to 1985.
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