Evelyn de Rothschild and Lynn Forester de Rothschild said they are buying a majority stake in weather-data service Weather Central L.P., marking a significant expansion of the Rothschilds’ investments into media and information.
The couple’s private-investment company, E.L. Rothschild LLC, is slated to acquire 70% of Weather Central, which provides weather forecasting services and graphics to local television stations and TV programs such as ABC’s “Good Morning America.”
Ms. Forester de Rothschild, a former telecommunications executive and a prominent Democratic fund raiser, is CEO of E.L. Rothschild. Evelyn, her husband, is chairman of the investment company and was chairman of the NM Rothschild & Sons investment bank until 2007, when he cashed out his investment. His cousin, Baron David de Rothschild, now runs the investment bank.
E.L. Rothschild also holds the couple’s investments in the U.K.’s Economist Group and agricultural company FieldFresh Foods, majority owned by India’s Bharti Enterprises.
“We have been looking for an investment to partner on an operating basis — as we did with our investment in agriculture in India and with the Economist — since my husband sold his position in NM Rothschild,” Ms. Forester de Rothschild said in an interview.
The remaining 30% of Weather Central will be owned by the company’s management, including CEO and founder Terry Kelly, who will continue to oversee the company.
Financial terms of the deal weren’t disclosed.
Originally posted by ThinkingCap
I never made that connection before. E.L Rothschild.
EL = The Bull God they worship.
Another small coincidence to add to the mix.
El is a generic word for god that could be used for any god including Baal, Moloch, or Yahweh.
Roth (district), in Bavaria
Roth, Bavaria, capital of that district
Originally posted by stonebutterfly
Sometimes, a triangle is just a triangle.