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ReutersRichard Parsons, American media and finance troubleshooter, dies at 76
A prominent Black businessman, Parsons also helped the NBA's Clippers navigate a scandal over racism. Parsons was widely credited with the turnaround of Time Warner after its botched $165 billion merger with AOL, CNN reported. With Parsons as CEO, Time Warner slashed its debt by roughly half as it ushered in a new era of sustainable growth.
