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Firm Buys First Executive Stake: Hicks, Muse...

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From Times Staff and Wire reports

Firm Buys First Executive Stake: Hicks, Muse & Co. and its Chairman Thomas O. Hicks reported that it is now the largest holder of First Executive Corp. common stock, with a 9.9% stake. The Dallas-based leveraged buyout firm bought the bulk of its stake from Rosewood Financial Partners for about $1.2 million, or 14 cents per share.

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