Five years ago, the investment banker Aryeh B. Bourkoff, on his own after having left UBS, hitched a ride on the private plane of the billionaire John C. Malone and pitched a deal: Now was the time for the mogul to get back into the telecommunications business.
The New York Times reports that the vehicle was a small cable company named Charter Communications that had emerged from bankruptcy a few years earlier.
Malone was intrigued by the possibility. And what started with a $2.6 billion investment into Charter has become a national cable empire that includes the former Time Warner Cable — and the promise of yet more deal-making, led in part by Mr. Bourkoff and his boutique bank, LionTree.
The banker and his firm, specialists in deals within the telecom, media and tech worlds, are poised to gain prominence as those industries are consolidating like never before. (Disney is spending $52.4 billion to buy the bulk of 21st Century Fox last week, and when AT&T is willing to pay $85.4 billion in a bid to take over Time Warner.)
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