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Transactions

Apr. 3, 2001

Simpson Thacher: BLUM CAPITAL PARTNERS BUYS EL SEGUNDO'S RICHARD ELLIS

San Francisco's Blum Capital Partners has agreed to buy El Segundo's CB Richard Ellis Services Inc. The cash and assumption-of-debt deal is worth $750 million.

        San Francisco's Blum Capital Partners has agreed to buy El Segundo's CB Richard Ellis Services Inc. The cash and assumption-of-debt deal is worth $750 million.
        Blum Capital Partners is an investment firm that manages $3.5 billion in assets. Founded in 1975 by Richard Blum, husband of U.S. Senator Diane Feinstein (D-Ca.), the firm provides capital to U.S. companies for share repu...

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