The NY Daily News reports that Magnum Sports & Entertainment's $22 million acquisition of Ford Models never happenedand probably won't. Michael Gross writes that "Magnum failed to come up with the cash." Ford, in its heyday, was home to supermodels Rachel Hunter, Christie Brinkley, and Stephanie Seymour. The deal included more than 80% of the Ford family's equity, which was perhaps indicative of the company's struggle in recent years to attract new talent. The potential acquirer was in much worse shape and Katie Ford is probably thanking her lucky superstars that the transaction never happened. The $22 million was mostly equity, and Magnum's stock is currently trading at $0.002 a share.