Thomas H. Lee, Bain to Invest Up to $300 Mln in Ryan Seacrest Media--UPDATED

Ryan Seacrest has gone private equity. Thomas H. Lee Partners and Bain Capital have committed to invest up to $300 million in Ryan Seacrest Media, the investment company from the "American Idol" host. RSM will use the funds to "identify, acquire and develop innovative" media company, media content and other properties.

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