Gryphon Investment Bank
 
 
Gryphon Case Study Broadcast TV
Broadcast Case Study
In 1998, Gryphon was approached with a plan to acquire control of a bankrupt television station. Gryphon assisted the entrepreneur to acquire a controlling interest in the station with $27m of equity. Making a commitment to local programming, the station grew to a market-leading position in seven years and was eventually sold for an equity value of $850m.