Thomas Hicks (born 1946 in Dallas, Texas but later moved to Port Arthur, Texas), is a Dallas businessman. According to Forbes Magazine 2007, Tom Hicks has an estimated wealth of $1.3 billion USD. For other uses, see Dallas (disambiguation). ... Port Arthur is a city in Jefferson County within the Beaumont-Port Arthur metropolitan area and is situated in southeast Texas. ... For other uses, see Dallas (disambiguation). ... In economics, a business (also called firm or enterprise) is a legally recognized organizational entity designed to provide goods and/or services to consumers or corporate entities such as governments, charities or other businesses. ...

Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, and is chairman of Hicks Inc, which owns and operates Southwest Sports Group, the company that owns the Texas Rangers, the Dallas Stars, Mesquite Championship Rodeo and also owns fifty percent of the English football team Liverpool FC. The son of a Texas radio station owner, Thomas Hicks became interested in leveraged buyouts as a member of First National Banks venture capital group. ... Major league affiliations American League (1961–present) West Division (1972–present) Current uniform Retired Numbers 26, 34, 42 Name Texas Rangers (1972–present) Washington Senators (1961-1971) Other nicknames None in common use Ballpark Rangers Ballpark in Arlington (1994–present) a. ... ‹ The template below (current sport-related) is being considered for deletion. ... The Mesquite Championship Rodeo is a rodeo located in Mesquite, Texas that operates during rodeo season (roughly April through September). ... {{Football club infobox | clubname = Liverpool FC | image = fullname = Liverpool FC | nickname = The Reds | founded = 1892 | ground = Anfield | capacity = 45,000 | chairman = D.R.Moores | Chief Executive Officer = R.N.Parry | manager = Rafael Benitez | league = FA Premiership | season = 2005-06 | position = FA premiership, 5th | pattern_la1=|pattern_b1=|pattern_ra1=| leftarm1=FFFFFF|body1=FF0000...

Biography

The son of a Texas radio station owner, Hicks graduated from the Thomas Jefferson High School, class of 1964 in Port Arthur, Texas. Hicks, as a brother of Sigma Phi Epsilon^[1], received his Bachelors degree in Finance from the University of Texas in 1968, and his MBA from the University of Southern California in 1970^[2]. For other uses, see Texas (disambiguation). ... A radio station is an audio (sound) broadcasting service, traditionally broadcast through the air as radio waves (a form of electromagnetic radiation) from a transmitter to an antenna and a thus to a receiving device. ... Memorial High School is a public, co-educational secondary school located in Port Arthur, Texas. ... Also Nintendo emulator: 1964 (emulator). ... Port Arthur is a city in Jefferson County within the Beaumont-Port Arthur metropolitan area and is situated in southeast Texas. ... ΣΦΕ (Sigma Phi Epsilon), commonly nicknamed SigEp or S-P-E, is a social fraternity for male college students in the United States. ... A bachelors degree is usually an undergraduate academic degree awarded for a course that generally lasts three or four years. ... The University of Texas System comprises fifteen educational institutions in Texas, of which nine are general academic universities, and six are health institutions. ... Year 1968 (MCMLXVIII) was a leap year starting on Monday (link will display full calendar) of the Gregorian calendar. ... MBA redirects here. ... The Trojan Shrine, better known as Tommy Trojan located in the center of University of Southern California campus. ... Year 1970 (MCMLXX) was a common year starting on Thursday (link shows full calendar) of the Gregorian calendar. ...

Hicks became interested in leveraged buyouts as a member of First National Bank's of Austin venture capital group. Hicks and Robert Haas formed Hicks & Haas in 1984; the next year that firm bought Hicks Communications, a radio outfit run by Hicks' brother Steven - the first of many media companies bought or created by the buyout firm, often with Steven Hicks' involvement.^{[citation needed]} A leveraged buyout (or LBO, or highly-leveraged transaction (HLT), or bootstrap transaction) occurs when a financial sponsor gains control of a majority of a target companys equity through the use of borrowed money or debt. ... First National Bank is the name of many current and former banks. ... Venture capital is a general term to describe financing for startup and early stage businesses as well as businesses in turn around situations. ... This article is about the year. ...

Hicks & Haas' in the mid-1980s bought several soft drink makers, including Dr Pepper and 7 Up. The firm took Dr Pepper/7 Up public just 18 months after merging the two companies. In all, Hicks & Haas turned $88 million of investor funding into $1.3 billion. The pair split up in 1989; Hicks wanted to raise a large pool to invest, but Haas preferred to work deal by deal.^{[citation needed]} The 1980s was the decade spanning from 1980 to 1989, also called The Eighties. The decade saw social, economic and general upheaval as wealth, production and western culture migrated to new industrializing economies. ... A soft drink is a drink that contains no alcohol. ... For other uses, see Dr Pepper (disambiguation). ... This article is about a soft drink. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...

In 1989, Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst with former Prudential Securities banker John Muse. The firm raised $250 million, with early investments including Life Partners Group (life insurance, 1990; sold 1996). In 1991 Morgan Stanley's Charles Tate and First Boston's Jack Furst became partners. Hicks was chairman from 1989 to 2004, Hicks, Muse, Tate & Furst raised $12 billion of private equity funds, consummated over $50 billion of leveraged acquisitions, and was one of the most active private investment firms in the country.^{[citation needed]} The son of a Texas radio station owner, Thomas Hicks became interested in leveraged buyouts as a member of First National Banks venture capital group. ... Prudential plc is a United Kingdom based financial services company. ... Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individuals or individuals death. ... This article is about the year. ... Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display full calendar) of the Gregorian Calendar. ... Morgan Stanley (NYSE: MS) is one of the largest and the most reputed investment banks headquartered in New York City. ... Credit Suisse First Boston (CSFB) is a New York City based investment banking and financial services firm. ...

But the business hit a rough patch by the early 2000s, when investors in Equity Fund IV were burned by a $1.2 billion plunge into telecom investments in 1999. Hicks announced that he would leave the firm on March 8, 2004 to spend more time with his family and his sports teams.^{[citation needed]} Year 2000 (MM) was a leap year starting on Saturday. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... is the 67th day of the year (68th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

Retirement

Hicks formed Hicks Holdings, a vehicle for his billion-dollar sports and real estate empire, and then started buying companies again in the $10-million to $250-million level, including^[3]:

• electronics firm with 1,000 employees in China
• started a new venture with DirecTV selling bundled TV-telecom services to condos
• landscaping materials in the Midwest
• pet food in Argentina
• Gammaloy - an oil field rental outfit he bought from his wife's family, paying approximately $20 million in the 1990s.

Politics

Hicks was recently a member of the political action committee for the 2008 presidential election campaign for former Republican Mayor of New York City, Rudy Giuliani^[4] The United States presidential election of 2008, scheduled to be held on November 4, 2008, will be the 55th consecutive quadrennial president and vice president of the United States. ... GOP redirects here. ... For a list of the Dutch Director-Generals who governed New Amsterdam (as New York City was called when it was a Dutch-run settlement) between 1624 and 1664, see: Director-General of New Netherland. ... Rudolph William Louis Rudy Giuliani (pronounced ;[1] born May 28, 1944) is an American lawyer, businessman, and politician from the state of New York who was Mayor of New York City from 1994 to 2001. ...

Tom Hicks Elementary School

Tom Hicks Elementary School in Frisco, Texas, part of the Lewisville Independent School District, was given its name after Hicks donated the necessary land for the school^[5]. Location within the state of Texas County Collin County  - Mayor Mike Simpson Area    - City 181. ... Lewisville Independent School District (LISD) is a school district based in Lewisville, Texas (USA) covering most of Lewisville and all of The Colony, Flower Mound, Highland Village, Copper Canyon, and Double Oak as well as portions of Plano, Carrollton, Frisco, Hebron, Coppell, Grapevine and Argyle. ...

Sports

Hicks moved from the business pages to the sports section in December 1995 when he bought the National Hockey League Dallas Stars for $82 million^[6]. Year 1995 (MCMXCV) was a common year starting on Sunday. ... NHL redirects here. ... ‹ The template below (current sport-related) is being considered for deletion. ...

Dallas Stars

Seven Division Championships, three Western Conference crowns, two Presidents' Trophies as the team with the best regular season record, two consecutive trips to the Stanley Cup Finals and the 1999 Stanley Cup Championship are the highlights of the Dallas Stars' rapid ascent in the 11 years since Thomas O. Hicks contracted to purchase the hockey club in December 1995. Mr. Hicks serves as the Stars' Chairman of the Board and the club's representative on the NHL Board of Governors, and also played an instrumental role in the development and planning of American Airlines Center.^[2] The Presidents Trophy is an award presented by the National Hockey League (NHL) to the team which finishes with the best record in the league during the regular season. ... Image:Stanleycuptrophy. ... The Stanley Cup (French: ) is an ice hockey club championship trophy, awarded annually to the National Hockey League (NHL) playoffs champion. ... The American Airlines Center is an arena located in the Victory Park neighborhood near downtown Dallas, Texas that is used for hockey games, basketball games, football games and concerts. ...

Texas Rangers

In June 1998, Hicks became the Chairman and Owner of the Texas Rangers Baseball Club of the Major League Baseball’s American League. Under Hicks ownership, the Rangers won the American League West Division crown in 1998 and 1999, but failed to deliver a World Series. After retirement from Hicks Muse Tate and Furst, and with the Rangers finished in last place in its division in 2003, Hicks promised to rebuild the team, shipping Alex Rodriguez ($252 million over 10 years) to the New York Yankees. Hicks serves on the Board of Directors of MLB Advanced Media, the internet-based subsidiary of Major League Baseball. Texas Rangers American League AAA Oklahoma RedHawks AA Frisco RoughRiders A Bakersfield Blaze Clinton LumberKings Spokane Indians R Arizona Rangers The Texas Rangers are a Major League Baseball team based in Arlington, Texas, a suburb in the Dallas/Fort Worth Metroplex. ... Major Leagues redirects here. ... The American League (or formally the American League of Professional Baseball Clubs) is one of two leagues that make up Major League Baseball in the United States of America and Canada. ... The American League West Division is one of Major League Baseballs six divisions. ... For other events named World Series, see World Series (disambiguation). ... Year 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Alexander Emmanuel Alex Rodriguez (born July 27, 1975, in New York, New York), commonly nicknamed A-Rod, is a Dominican-American baseball infielder. ... Major league affiliations American League (1901–present) East Division (1969–present) Current uniform Retired Numbers 1, 3, 4, 5, 7, 8, 8, 9, 10, 15, 16, 23, 32, 37, 44, 49 Name New York Yankees (1913–present) New York Highlanders (1903-1912) Baltimore Orioles (1901-1902) (Also referred to as...

Liverpool F.C.

Main article: History of Liverpool F.C.

On February 1, 2007, it was made known through the English press that he was involved in a consortium with one-time friend and Montreal Canadiens owner George N. Gillett Jr. to purchase English Premiership club Liverpool F.C; this takeover proposal was believed to be the front runner after Dubai International Capital withdrew their bid.^[7]. On February 6, 2007, Hicks & Gillett's joint offer for Liverpool was formally accepted, valuing the club at £218.9m ($432.9m) (£5,000 per share and £44.8m in debt).^[8]. Liverpool became the third FA Premier League club to be acquired by U.S. businessmen, the others being Aston Villa and Manchester United. After the bid was accepted, Hicks stated his foremost priority was gaining silverware, and vowed to build a new stadium for the club at Stanley Park Stadium. Hicks launched an angry attack (one of many) March 8, 2008 on the Dubai International Capital-consortium battling for control of the English Premier League club, criticizing its behavior during negotiations which he cancelled. However football finance expert Professor Chris Brady has dismissed Hicks' termination of talks with DIC as a "negotiation manoeuvre" and expects the deal to be wrapped up by June. He said: "Clearly Hicks wants out now. He probably thinks he can get £450m by stalling and they (DIC) will probably go to £450m. "From what I've heard there is no rush of alternative buyers out there and DIC are keen. "Dubai presumably will want to wrap the deal up by the end of June so they have time to prepare for the new season." ^[9] Hicks has garnered harsh criticism for the impact his feud with Gillett has had on Liverpool, in particular his attempts to sack Rick Parry (Liverpool chief executive). Association football writer Henry Winter of Britain's Daily Telegraph stated: "If football ever contains more people like Hicks than Parry, then the game really will be heading to Hell in a debt-laden hand-cart". ^[10] Liverpool Football Club, the most successful club in English football, has a long and detailed history. ... is the 32nd day of the year in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... For other uses, see England (disambiguation). ... The Montreal Canadiens (French: ) are a professional ice hockey team based in Montreal, Quebec, Canada. ... George N. Gillett Jr. ... The FA Premier League (often referred to as the Barclays English Premier League for sponsorship reasons) comprises the top 20 football clubs in the league system of English football. ... Dubai International Capital Dubai International Capital (DIC) was established in October 2004 as the international investment arm of Dubai Holding. ... is the 37th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... Liverpool Football Club are an English professional football club based in Liverpool, Merseyside, who play in the Premier League; they are historically the most successful club in the history of English football, having won more trophies than any other English club. ... For the Scottish equivalent see Scottish Premier League The FA Premier League (often referred to as the Barclays Premiership in England and the Barclays English Premier League or just simply The EPL internationally) is a league competition for football clubs located at the top of the English football league system... Aston Villa Football Club play at Villa Park in Birmingham, England. ... Manchester Uniteds emblem Manchester United F.C. (often abbreviated to Man United or just Man U, pronounced man-yoo) is an English football club based at Old Trafford in Greater Manchester. ... Stanley Park Stadium is a proposed title of the planned football stadium to be built in Stanley Park, Liverpool, England. ... is the 67th day of the year (68th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance with the Gregorian calendar. ... Dubai International Capital Dubai International Capital (DIC) was established in October 2004 as the international investment arm of Dubai Holding. ... This article deals with The Daily Telegraph in Britain, see The Daily Telegraph (Australia) for the Australian publication The Daily Telegraph is a British broadsheet newspaper founded in 1855. ...

References

Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 177th day of the year (178th in leap years) in the Gregorian calendar. ... BusinessWeek is a business magazine published by McGraw-Hill. ... The McGraw-Hill Companies, Inc. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance with the Gregorian calendar. ... is the 118th day of the year (119th in leap years) in the Gregorian calendar. ...

External links

• Tom Hicks at Notable Names Database
• Bio at Dallas Stars