Herbert J. Siegel, investor in major media deals, dies at 95


Herbert J. Siegel, a maverick investor who became a billionaire entertainment-industry mogul most notable for finally enabling the merger of Warner Communications and Time Inc. in 1989 and for selling 10 television stations to Rupert Murdoch’s News Corporation in 2000, died on Saturday at his home in Manhattan. He was 95.

His wife, Jeanne, said the cause was heart failure.

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