Tower Records

  • Tower Records

    Investment Banking Fees Killed Tower Records

    That’s the buried lede in Dale Kasler’s Sacramento Bee recounting of the final hours of the auction for bankrupt Tower Records. As first reported in the media, Great American’s bid of $134.3 million for Tower’s inventory was a mere $500,000 higher than Trans World’s — providing ammunition for the record companies to argue on Trans […]

    / Oct 11, 2006 at 12:09 PM

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