Edward Lewis: Essence Magazine

This case highlights Essence, the first magazine aimed at African-American women, which was sold to Time Warner, Inc, the largest magazine publisher in the world at that time, for the highest price ever paid for a single-title magazine company. However, there is still debate about whether the last remaining co-founder, Edward Lewis, jeopardized the iconic Black brand by selling it to a white-owned company.

Frank Baker: Siris Capital Group and Titan Systems

This case highlights a private equity firm, Siris Capital Group, that must decide if they should raise their offer to take Titan Telecom private by acquiring its publicly-traded stock.