Back in 1984, Hicks and Haas formed their eponymous firm with a nominal investment. Within four years, the duo took an equity investment worth $55 million in soft drink company Dr. Pepper and 7Up, converting it into a payday worth over $1 billion.

Tom Hicks, el empresario y filántropo de Texas que fue dueño de dos franquicias deportivas profesionales en el área de Dallas y de un equipo de fútbol de la Liga Premier, falleció a los 79 años.

In a poignant moment for the sports community, Texas billionaire Tom Hicks has passed away at the age of 79, leaving behind a rich legacy marked by both triumph and controversy. Known for his ownership of prominent sports teams including the Dallas Stars and Texas Rangers,

Tom Hicks, the American businessman whose ownership of Liverpool FC alongside George Gillett became one of the most contentious periods in the club's modern history, has died at the age of 79. A spokesman confirmed that Mr Hicks passed away peacefully on Saturday in Dallas,