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Collins Foods
Collins Foods Limited is a publicly-listed Australian company focused in restaurant operations. It either operates or franchises restaurants from three brands — Sizzler, KFC and Taco Bell — in Australia, Germany, the Netherlands, Thailand and Japan. It previously owned the US-based Sizzler restaurants (until 2011), Snag Stand in Australia (until 2017), and was the majority-owner of the Pat & Oscar's in the US (until 2009). History United States national, James Collins, founded Collins Foods International in Culver City, California, in 1968 after multiple meetings with Colonel Sanders and acquiring the Sizzler brand in 1967. Collins Foods International was a publicly traded American company with more than 240 Sizzler and KFC stores in the United States and Australia. Collins Foods International began selling off 209 United States-based KFC stores to PepsiCo in 1990. The sale was completed in 1991 for a total of US$123 million. The company was renamed as Sizzler Internat ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Taco Bell
Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty and speciality items, and a variety of "value menu" items. , Taco Bell serves over customers each year, at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees. PepsiCo purchased Taco Bell in 1978, and later spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands. History Taco Bell was founded by Glen Bell, an entrepreneur who first opened a hot dog stand called Bell's Drive-In in San Bernardino, California, in 1948. Bell watched long lines of customers at a Mexican restaurant called the Mitla Cafe, located across the street, which became famous among residents for its har ...
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Sabotage
Sabotage is a deliberate action aimed at weakening a polity, effort, or organization through subversion, obstruction, disruption, or destruction. One who engages in sabotage is a ''saboteur''. Saboteurs typically try to conceal their identities because of the consequences of their actions and to avoid invoking legal and organizational requirements for addressing sabotage. Etymology The English word derives from the French word , meaning to "bungle, botch, wreck or sabotage"; it was originally used to refer to labour disputes, in which workers wearing wooden shoes called interrupted production through different means. A false etymology, popular but incorrect account of the origin of the term's present meaning is the story that poor workers in the Belgian city of Liège would throw a wooden into the machines to disrupt production. One of the first appearances of and in French literature is in the of d'Hautel, edited in 1808. In it the literal definition is to 'make nois ...
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Rat Poison
Rodenticides are chemicals made and sold for the purpose of killing rodents. While commonly referred to as "rat poison", rodenticides are also used to kill mice, squirrels, woodchucks, chipmunks, porcupines, nutria, beavers, and voles. Despite the crucial roles that rodents play in nature, there are times when they need to be controlled. Some rodenticides are lethal after one exposure while others require more than one. Rodents are disinclined to gorge on an unknown food (perhaps reflecting an adaptation to their inability to vomit), preferring to sample, wait and observe whether it makes them or other rats sick. This phenomenon of poison shyness is the rationale for poisons that kill only after multiple doses. Besides being directly toxic to the mammals that ingest them, including dogs, cats, and humans, many rodenticides present a secondary poisoning risk to animals that hunt or scavenge the dead corpses of rats. Classes of rodenticides Anticoagulants Anticoagulants a ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Sizzler Rockhampton
Sizzler USA Restaurants, Inc., doing business as Sizzler, is a United States-based restaurant chain with headquarters in Mission Viejo, California, with locations mainly in California, plus some in the nearby states of Washington, Arizona, Nevada, New Mexico, Idaho, Utah, Oregon, Alaska and Puerto Rico. It is known for steak, seafood, and salad bar items. Since 2011, Sizzler restaurants outside of the United States are currently owned by Australia-based Collins Foods and are no longer related to the American firm. In September 2020, Sizzler USA, filed for Chapter 11 bankruptcy due to the COVID-19 pandemic hurting sales. The bankruptcy filing does not affect the similarly named Collins Foods affiliated restaurants that are located outside of the United States. History The chain was founded in 1958 as Sizzler Family Steak House by Del and Helen Johnson in Culver City, California. At its peak, the chain was composed of more than 270 locations throughout the U.S. Most of Sizz ...
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Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South East Queensland metropolitan region, which encompasses a population of around 3.8 million. The Brisbane central business district is situated within a peninsula of the Brisbane River about from its mouth at Moreton Bay, a bay of the Coral Sea. Brisbane is located in the hilly floodplain of the Brisbane River Valley between Moreton Bay and the Taylor Range, Taylor and D'Aguilar Range, D'Aguilar mountain ranges. It sprawls across several local government in Australia, local government areas, most centrally the City of Brisbane, Australia's most populous local government area. The demonym of Brisbane is ''Brisbanite''. The Traditional Owners of the Brisbane a ...
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Corporate Headquarters
Corporate headquarters is the part of a corporate structure that deals with important tasks such as strategic planning, corporate communications, taxes, law, books of record, marketing, finance, human resources, and information technology. Corporate headquarters takes responsibility for the overall success of the corporation and ensures corporate governance. It is sometimes referred to as the head office, which is the location where the executives of a business work and where many of the key business decisions are made. Generally, corporate headquarters acts as a core when the business is operating. The corporate headquarters includes: the CEO (chief executive officer) as a key person and their support staff such as the CEO office and other CEO related functions; the "corporate policy making" functions: Include all corporate functions necessary to steer the firm by defining and establishing corporate policies; the corporate services: Activities that combine or consolidate certain ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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Pacific Equity Partners
Pacific Equity Partners (PEP) is a private equity investment firm focusing on transactions in Australia and New Zealand. PEP invests across a range of industries and sectors and in turnaround and growth capital transactions. The firm is based in Sydney, Australia, and was founded in 1998 by Rickard Gardell, Paul McCullagh, Simon Pillar and Tim Sims. All but McCullagh previously worked together as executives at Bain & Company. The firm has raised more than A$8 billion across five funds since its founding and has approximately A$10 billion of assets under management, making it the largest private equity firm in Australia. Investments PEP has led eight public to private buyout transactions in Australasia including Spotless, Patties, LifeHealthcare, Zenith Energy, and Citadel. PEP has made more than 35 operating company investments as well as 100 bolt-on acquisitions since its founding. Among the firm's past investments are Hoyts (sold to Wanda Cinemas in 2015), Independent Liqu ...
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PepsiCo
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition was Pioneer Foods in 2020 for US$1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998. As of January 2021, the company possesses 23 brands that have over US$1 billion in sales annually. PepsiCo has operations all around the world and its products were distributed across more than 200 countries, resulting in annual net revenues of ov ...
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Sizzler
Sizzler USA Restaurants, Inc., doing business as Sizzler, is a United States-based restaurant chain with headquarters in Mission Viejo, California, with locations mainly in California, plus some in the nearby states of Washington, Arizona, Nevada, New Mexico, Idaho, Utah, Oregon, Alaska and Puerto Rico. It is known for steak, seafood, and salad bar items. Since 2011, Sizzler restaurants outside of the United States are currently owned by Australia-based Collins Foods and are no longer related to the American firm. In September 2020, Sizzler USA, filed for Chapter 11 bankruptcy due to the COVID-19 pandemic hurting sales. The bankruptcy filing does not affect the similarly named Collins Foods affiliated restaurants that are located outside of the United States. History The chain was founded in 1958 as Sizzler Family Steak House by Del and Helen Johnson in Culver City, California. At its peak, the chain was composed of more than 270 locations throughout the U.S. Most of Sizzler' ...
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