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Hicks, Muse's joint purchase, with Kohlberg Kravis Roberts & Company, of Regal Cinemas also ended disastrously.
Although it is a joint purchase they will subsequently split the business.
As with all investments, there are potential pitfalls when an intrafamily joint purchase is structured.
General Motors and Fiat are in talks to make a joint purchase of Daewoo, Korea's second-largest automaker.
They will also commit to a £500 million joint purchase of anti-ship missiles produced by MBDA and Finmeccanica.
A framed cover of one of her novels hangs near an antique circus poster — a joint purchase by the couple to celebrate a wedding anniversary.
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Some analysts are skeptical that the joint purchasing will help the Mexican competitors.
The joint purchasing company is one of several steps Wal-Mart's rivals are taking.
They may need antitrust allowances to band together for joint purchasing of care.
"We continue to consolidate services with other governments, achieving cost savings through joint purchasing, joint provision of services and any other avenue we can pursue," he said.
There are predictable economies of scale: joint purchasing now covers 70% of the parts bought by both companies.
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