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What makes this deal different is that it is not a turnaround or a fixer-upper.
ECONOMIST: A $5 billion luxury purchase
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Around the same time in 1995, McCaw went for Nextel, a fixer-upper with bad wireless service and a collapsed stock price.
FORBES: "We're On A Collision Course"
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This coincides with progress on a larger fixer-upper, namely Home Depot ( HD).
FORBES: Home Depot Stock: Money Pit Or Fixer Upper?
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The Rosens bought a fixer-upper house on a five-acre lot, and moved in later that fall with their newborn son.
FORBES: The Entrepreneur
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He bought the building as a family home and fixer-upper in 1992, when the TriBeca neighborhood was still a no-mans-land.
FORBES: 75 Murray Street and Polaroid
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He soon developed a knack for buying cheap, fixer-upper cable systems, raising quality and prices and plowing the cash flow into more acquisitions.
FORBES: "We're On A Collision Course"
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Murdoch knew he was getting a fixer-upper when he bought DirecTV.
FORBES: Magazine Article
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Of course, a fixer-upper of this magnitude is not for everyone.
FORBES: 9 Giant Homes For Bargain-Basement Prices
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Decrease in activity coupled with fierce competition from investors targeting distressed inventory means the possibility of picking up a decent fixer-upper at a discounted price from the bank has greatly narrowed.
FORBES: 4 Essential Things You Need To Know About The 2013 Spring Home Buying Season
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After five years working for Great Experiment, he and his wife, Stephanie, had saved just enough money to buy a big fixer-upper in Oak Park, without being able to fix it up.
NEWYORKER: Great Experiment
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In his mind he saw his fixer-upper all fixed up, a gleaming, wood-polished house, a stop on the Oak Park landmark tour, and, sliding down the bannister, into his providing, fatherly arms, Eleanor.
NEWYORKER: Great Experiment
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As each quarter reported plummeting home values, the size of the home I could afford grew from a one-bedroom mobile home next to an industrial plant in a dangerous part New Brunswick to a four-bedroom fixer upper with no floors or structural support in Piscataway to 1945 three-bedroom colonial with brand-new carpets, freshly painted walls and a fenced in backyard in a safe neighborhood in Middlesex.
FORBES: Buying a First House in the Midst of a Financial Crisis