|
CKE Restaurants
CKE Restaurants Holdings (an acronym from Carl Karcher Enterprises) is an American fast food corporation and is the parent organization for the Carl's Jr., Hardee's, Green Burrito, and Red Burrito brands. CKE Restaurants is a subsidiary of the private equity firm, Roark Capital Group, and is headquartered in Franklin, Tennessee. In October 2020, CKE Restaurants operated or franchised to locations in 44 US states and 43 foreign countries and US territories. History 1940s In 1941 Carl's Jr. founder, Carl Karcher, entered the fast food market by purchasing a hot dog cart in Los Angeles. 1950s In 1956, Karcher opened the first Carl's Jr. restaurants in Anaheim and Brea, California. 1990s In 1996, CKE acquired Rally's and Taco Bueno. Rally's was later sold to Checkers in 1999. Checkers and Rally's then followed a similar regionalization concept as CKE has for its Carl's Jr. and Hardee's chains. Taco Bueno was sold in 2001 when private investment group Jacobson Part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles, California
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an estimat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apollo Global Management
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, including $372 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $80.7 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Since inception in 1990, private-equity funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees. Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan. Apollo is headquartered in the Solow Building at 9 West 57th Street in New York City, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
THL Partners
Thomas H. Lee Partners, L.P. is an American private equity firm based in Boston investing in middle market growth companies across financial technology and services, healthcare and technology & business solutions. History Founded in 1974 by its namesake Thomas H. Lee, Thomas H. Lee Partners, often referenced as THL, has raised approximately $34 billion of equity capital, investing in more than 160 companies, and has completed more than 500 add-on acquisitions representing an aggregate enterprise value at acquisition of over $210 billion. In 2021, Private Equity International ranked THL Partners 82nd of the top 300 private equity firms based on funds raised. THL’s Management Committee includes Co-CEOs Todd Abbrecht and Scott Sperling, Chairman Tony DiNovi and Managing Director Tom Hagerty. The firm's namesake, Thomas H. Lee, left the firm and formed Lee Equity Partners in 2006. Investments The firm has raised over $30 billion since inception and is currently investing out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Barbara Restaurant Group
Santa Barbara Restaurant Group was a restaurant holding company and was the parent company for the ''Green Burrito'', ''La Salsa'', ''JB's Restaurants'', and the '' Timber Lodge Steakhouse'' restaurant chain. The ''Santa Barbara Restaurant Group'' was originally created in 1986 as ''GB Foods Inc.'' to serve as the holding company for the ''Green Burrito'' fast-food Mexican restaurant chain. A large change in the company occurred when William P. Foley, the chairman for CKE Restaurants acquired a controlling interest in the company in 1997 and converted the company from a holding company that controlled a single chain to one that controlled many chains. The following year, ''GB Foods'' changed its name to the ''Santa Barbara Restaurant Group'' and started to acquire other restaurant chains, such as the ''Timber Lodge Steakhouse'' and in a different transaction, JB's Restaurants and other restaurants chains that were once a part of CKE. After two years of negotiations, La Salsa was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Puzder
Andrew Franklin Puzder (born July 11, 1950) is an American attorney, author, and businessman. He is the former chief executive officer of CKE Restaurants, the parent company of Hardee's and Carl's Jr., a position he held from September 2000 to March 2017. He was previously a commercial trial lawyer in private practice from 1978 to 1995 who handled many high-profile cases and was active in the anti-abortion movement. Puzder is a frequent commentator on economic and political issues. Puzder co-authored the book entitled ''Job Creation: How It Really Works and Why Government Doesn't Understand It''. On December 8, 2016, President-elect Donald Trump nominated Puzder to serve as Secretary of Labor, but on February 15, 2017, he withdrew due to lack of votes needed for his confirmation. After withdrawing, Puzder published his second book entitled ''The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop It'' in 2018. Early life and education Puzder was born on July 11, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imasco
Imasco Limited was a Canadian corporation headquartered in Montreal, Quebec, Canada. It was founded in 1970 as Imperial and Associates, Co. History Imasco was the former owner of Imperial Tobacco Canada, Canada Trust, Shoppers Drug Mart , Genstar, and the Hardee's restaurant chain. The company sold Hardee's in 1997 to CKE, Canada Trust in 2000 to Toronto-Dominion Bank and Shopper's Drug Mart in 2000 to a consortium of institutional investors. British American Tobacco, or BAT, had owned 41.5% of Imasco's shares. In 2000 British American Tobacco purchased the remaining 58.5% shares in Imasco and amalgamated the company with Imperial Tobacco Canada Imperial Tobacco Canada Limited is a cigarette manufacturing company operating in Canada. It is a wholly owned subsidiary of British American Tobacco. It was created in 1908 and bought out the Canadian interests of the American Tobacco Company, w ... Limited. Companies based in Montreal Defunct companies of Quebec 1970 esta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Checkers And Rally's
Checkers Drive-In Restaurants, Inc. is a chain of double drive-thru restaurants in the United States. The company operates Checkers and Rally's restaurants in 28 states, and the District of Columbia. They specialize in hamburgers, hot dogs, french fries, and milkshakes. Overview Originally separate companies serving different geographic areas (with Checkers serving the Southeast and Rally's serving the Midwest), Checkers and Rally's merged in August 1999. Generally speaking, the Checkers name remains used in the Southeast as well as the Northeast while the Rally's name remains used in the Midwest as well as California; the two brands have overlap in several areas. The merged company is headquartered in Tampa, Florida. Most locations specialize in carryout service with drive-thru and walk-up windows available, but no indoor seating, though some legacy Rally's locations in the Midwest retain dining rooms, as well as a Checkers location with an indoors dining area in Clearwater, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taco Bueno
Taco Management LLC, doing business as Taco Bueno, is a U.S.-based, quick service restaurant chain specializing in Tex-Mex-style cuisine. The company is headquartered in Farmers Branch, Texas, in the Dallas–Fort Worth metropolitan area. Its first location opened in Abilene, Texas in 1967. The food chain has locations in Arkansas, Oklahoma, and Texas. History Taco Bueno was founded in 1967 by Bill R. Waugh, an art graduate from Abilene Christian University. The first store was located in Abilene, Texas. In 1981, British food manufacturer Unigate paid $32.5 million to acquire Taco Bueno. In 1996, Taco Bueno was sold to Carl's Jr.'s franchisor CKE Restaurants. In 2001, the private investment group Jacobson Partners purchased the chain for $72.5 million to help aid CKE Restaurants in a debt battle. On August 10, 2005, Palladium Equity Partners announced the purchase of Taco Bueno from Jacobson Partners. At the same time, John Miller was appointed CEO of Taco Bueno. In 2011 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
