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When the transaction closes, Fox will own 80% of the YES network.
And so this may leave Leonard Green with a big liability after the transaction closes, one that will not be covered by insurance.
After the transaction closes, several key Pandora executives will leave, including CEO Roger Lynch, general counsel Steve Bene, CFO Naveen Chopra and chief human resources officer Kristen Robinson.
Stephen A. Elop, a former Microsoft executive who was running Nokia until the deal was signed, will rejoin Microsoft after the transaction closes, setting him up as a potential successor for Steven A. Ballmer, Microsoft's chief executive.
As part of the deal, Perlman will join Infomedia's board of directors after the transaction closes (by March 31 , 2014.
Palm will also get a new executive chairman — Jonathan Rubinstein, the former head of the iPod division of Apple — after the transaction closes.
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