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Isaac Perlmutter
Isaac "Ike" Perlmutter ( he, יצחק "אייק" פרלמוטר; born December 1, 1942) is an Israeli-American billionairehttps://www.forbes.com/profile/isaac-perlmutter businessman and financier. He is the chairman and former CEO of Marvel Entertainment. He was also the owner of Remington Products and Marvel Toys. Early life Isaac Perlmutter was born to a Jewish family in then the British Mandate of Palestine (present-day Israel). He grew up in the State of Israel, serving in the Israeli military (IDF) during the Six-Day War of 1967. He emigrated to America, arriving in New York City with only $250, and he earned a living standing outside Jewish cemeteries in Brooklyn, leveraging his Hebrew skills to lead funeral services for tips. Spelling of wife's name -- Laurie -- at variance with other cites. Subscriber-check on name needed. Later he sold toys and beauty products on the streets of New York City, which eventually evolved into selling surplus stock and end-of-line items a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Mandate Palestine
Mandatory Palestine ( ar, فلسطين الانتدابية '; he, פָּלֶשְׂתִּינָה (א״י) ', where "E.Y." indicates ''’Eretz Yiśrā’ēl'', the Land of Israel) was a geopolitical entity established between 1920 and 1948 in the region of Palestine under the terms of the League of Nations Mandate for Palestine. During the First World War (1914–1918), an Arab uprising against Ottoman rule and the British Empire's Egyptian Expeditionary Force under General Edmund Allenby drove the Ottoman Turks out of the Levant during the Sinai and Palestine Campaign. The United Kingdom had agreed in the McMahon–Hussein Correspondence that it would honour Arab independence if the Arabs revolted against the Ottoman Turks, but the two sides had different interpretations of this agreement, and in the end, the United Kingdom and France divided the area under the Sykes–Picot Agreementan act of betrayal in the eyes of the Arabs. Further complicating the issue was the Balfou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senior Debt
In finance, senior debt, frequently issued in the form of senior notes or referred to as senior loans, is debt that takes priority over other unsecured or otherwise more "junior" debt owed by the issuer. Senior debt has greater seniority in the issuer's capital structure than subordinated debt. In the event the issuer goes bankrupt, senior debt theoretically must be repaid before other creditors receive any payment. Senior debt is often secured by collateral on which the lender has put in place a first lien. Usually this covers all the assets of a corporation and is often used for revolving credit lines. It is the debt that has priority for repayment in a liquidation. It is a class of corporate debt that has priority with respect to interest and principal over other classes of debt and over all classes of equity by the same issuer. Limitations to seniority Secured parties may receive preference to unsecured senior lenders Notwithstanding the senior status of a loan or other d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Icahn
Carl Celian Icahn (; born February 16, 1936) is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach. Icahn takes large stakes in companies that he believes will appreciate via changes to corporate policy and he then pressures management to make changes that he believes will benefit shareholders. He was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds. In the 1980s, Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of Trans World Airlines. Icahn is on the ''Forbes'' 400 and has a net worth of approximately $17 billion to $24 billion. Since 2011, Icahn no longer manages money for outside clients, although investors can invest in Icahn Enterprises. Early life and education Icahn was born in Brooklyn to an Ashkenazi J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toy Biz
Toy Biz (also stylized as ToyBiz), was a toy company which later became a subsidiary of Marvel Entertainment and was renamed to Marvel Toys. It was best known for producing action figures and toys and holding the Marvel Comics license from 1990 to 2006. The company originated in Montreal, Quebec, as Charan Toys. In 1988, Charan Toys was renamed Toy Biz and became an American firm. In 1990, it obtained the master toy license for the Marvel Entertainment Group, and by 1993 became partially owned by Marvel. In 1998, Toy Biz merged with Marvel Entertainment Group to bring it out of bankruptcy, with the two companies merging and creating Marvel Enterprises. Toy Biz was absorbed into Marvel Enterprises, and its main toy subsidiary was renamed Toy Biz, as consumers were familiar with the brand. In 2005, Marvel Enterprises was renamed Marvel Entertainment to reflect the Marvel Cinematic Universe. In addition to this, its toy operations were renamed Marvel Toys on all properties by the end ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avi Arad
Avi Arad (; he, אבי ארד; born 1948) is an Israeli-American film producer who became the CEO of the company Toy Biz in the 1990s and soon afterward became the chief creative officer of Marvel Entertainment, and the chairman, CEO, and founder of Marvel Studios."Marvel Announces New Independent Producer Deal with Avi Arad" , May 31, 2006 , via Since then, he has produced a wide array of live-action, animated, and television comic book adaptations including '' [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vestar Capital Partners
Vestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in middle-market companies in the United States."About Us"8/27/08 The firm, which was founded in 1988, is headquartered in New York City with offices in Boston, Massachusetts and Denver, Colorado, in the U.S. History Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar was founded in 1988 by principals of The First Boston Corporation’s Management Buyout Group. New York Times, August 12, 1988 Four of the original founders -- Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley -- are still with the firm. Since the firm's founding in 1988, the Vestar funds have completed more than 8 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Controlling Interest
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest In accounting, minority interest (or non ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victor Kiam
Victor Kermit Kiam II (December 7, 1926 – May 27, 2001) was an American entrepreneur and TV spokesman for Remington Products, and the owner of the New England Patriots football team from 1988–1991. He was well known for his turnaround of Remington's fortunes, as well as for his commercials written by his director of advertising and sales promotion at Benrus, Howard Shavelson, with whom he first worked on the Playtex Cross Your Heart Bra commercials. Biography Kiam was born in the French Quarter of New Orleans, the son of Nanon and Victor Kermit Kiam, a bond dealer who had divorced his actress mother while Kiam was four. His parents both moved away, with his mother going to California and his father to New York. He was educated by his maternal grandfather at Phillips Academy in Massachusetts, where he was a classmate of future U.S. President George Herbert Walker Bush. After serving in the U.S. Navy and attending Yale, the Sorbonne, and Harvard Business School, Kiam worked for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hasbro
Hasbro, Inc. (; a syllabic abbreviation of its original name, Hassenfeld Brothers) is an American multinational conglomerate holding company incorporated and headquartered in Pawtucket, Rhode Island. Hasbro owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others. As of August 2020 over 81.5% of its shares were held by large financial institutions. Among its products are ''Transformers'', ''G.I. Joe'', ''Power Rangers'', '' Rom the Space Knight'', ''Micronauts'', ''M.A.S.K.'', ''Monopoly'', ''Furby'', ''Nerf'', ''Twister'', and '' My Little Pony'', and with the Entertainment One acquisition in 2019, franchises like Peppa Pig and PJ Masks. The Hasbro brand also spawned TV shows to promote its products, such as '' Family Game Night'' on the Discovery Family network, a joint venture with Warner Bros. Discovery. History Hassenfeld Brothers Three Polish-Jewish brothers, Herman, Hillel, and Henry Hassenfeld, founded Hass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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