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Examples
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The investment, in shares sold by former employees or early investors, was reported earlier by the online publication TechCrunch, follows Elevation's purchase last November of 2.5 million shares for $90 million.
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Elevation's founder and chief executive, complained to Z Burger and Twitter, which later suspended the profile after a letter from Mr. Hess's lawyer.
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Based on his continued financial interest in Elevation, Mr. Riccitiello could see a personal benefit of as much as $4.9 million from the deal, depending on how Elevation's investments perform over time, EA said in a regulatory filing.
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Riccitiello credits rock icon Bono--a member of Elevation's investment team-- with an apt description for the disconnect between the business of games and the fun of games.
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From Elevation's perspective, we believe the people who create the content, the people who run the business, they need to be in charge.
Forbes Takes A Partner Louis Hau 2006
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He came to Palm in 2007 as executive chairman under a deal in which Palm sold nearly a third of the company to private equity firm Elevation Partners when HP acquired Palm, it bought out Elevation's stake.
SFGate: Top News Stories By RACHEL METZ 2011
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He came to Palm in 2007 as executive chairman under a deal in which Palm sold nearly a third of the company to private equity firm Elevation Partners when HP acquired Palm, it bought out Elevation's stake.
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But Elevation's leverage increases with the passage of time: Its investment is now almost four years old, and private-equity firms generally become impatient to cash out after five years.
DailyFinance 2010
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That means the family could be forced to choose between buying back Elevation's stake at an inflated price or accepting its sale to a less-desirable third party.
DailyFinance 2010
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The business was in much better shape at the time of Elevation's buy-in.
DailyFinance 2010
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