Rudy Giuliani is putting his finance business, Giuliani Capital Advisors, the largest arm of Giuliani Partners, up for sale.? There’s no doubt about it?now.
He’s running.
New York Post has the story:
Rudy Giuliani, a 2008 GOP White House front-runner, is moving to sell the Wall Street wing of his multi-pronged business – the strongest sign yet that he’s making a serious play for the presidency, The Post has learned.
Officials at Giuliani Partners have been meeting quietly with several firms about buying the firm’s stake in Giuliani Capital Advisors, an investment banking company, sources familiar with the discussions said.
The Chicago-based investment firm is the largest arm of the former mayor’s self-named business, and may be the biggest cash cow of Giuliani’s four-unit business.
The exact price wasn’t clear, but the multimillion-dollar sale would have to be approved by the Securities and Exchange Commission.
Giuliani snatched up the firm from Ernst & Young for a reported $9.8 million just over two years ago.
Officials at Giuliani Partners, which has the controlling equity stake in the Chicago-based GCA, declined comment.
January 23rd, 2007 at 5:03 pm
You Gotta Love Rudy!
Rudy, Rudy, Rudy in 08!
January 23rd, 2007 at 5:12 pm
Amazing – who would have guessed? This almost ranks up there
with the other amazing headlines this week: did you hear that
Hillary has decided to run to win? Alright, sarcasm aside -
I’m really not too excited or surprised.
January 23rd, 2007 at 5:21 pm
Now this is what I have been talking about. He is starting to really commit to this thing. Good.
January 23rd, 2007 at 9:41 pm
Or is he using his “star power” and the potential he might one day be President to drive the price of his business through the roof for the unsuspecting chump who buys it?
January 23rd, 2007 at 11:45 pm
Paul S. . .and I thought Romney was the star businessman and brilliant venture capitalist in this campaign!
January 24th, 2007 at 11:58 am
Rudy has many skeletons in his business dealings, especially with the building in Florida that was supposed to be decontaminated from anthrax and NEVER DID OPEN AGAIN>
January 24th, 2007 at 4:04 pm
I Like Mike!,
If you really want to talk about skeletons, I can explain to you in just three words why I will never support Mike Huckabee for the Republican presidential nomination:
West Memphis Three.