J.H. Whitney And Company
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J.H. Whitney And Company
J. H. Whitney & Company is a venture-capital firm in the U.S., founded in 1946 by partners John Hay Whitney and Benno Schmidt. Today, the firm focuses primarily on leveraged buyouts, turnarounds, acquisitions, and recapitalizations of more mature companies, particularly those it considers to be in the middle market. The firm is based in New Canaan, Connecticut. Investments The firm, which today is known as Whitney & Co. and also J. H. Whitney Capital Partners, LLC, continues to make investments in leveraged buyout transactions, and raised $800 million for its sixth institutional private equity fund in 2005. The $800 million raised in 2005 were a significant decrease from its previous funds, when the firm raised $1.1 billion in 2001 and $975 million in 2000 for Whitney V and IV, respectively. The performance of the 2000 vintage fund IV in particular was impacted by the firm's exposure to technology and internet businesses. History Founding and early history J. H. Whitne ...
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Technicolor Corporation
Technicolor is a series of color motion picture processes, the first version dating back to 1916, and followed by improved versions over several decades. Definitive Technicolor movies using three black and white films running through a special camera (3-strip Technicolor or Process 4) started in the early 1930s and continued through to the mid-1950s when the 3-strip camera was replaced by a standard camera loaded with single strip 'monopack' color negative film. Technicolor Laboratories were still able to produce Technicolor prints by creating three black and white matrices from the Eastmancolor negative (Process 5). Process 4 was the second major color process, after Britain's Kinemacolor (used between 1908 and 1914), and the most widely used color process in Hollywood during the Golden Age of Hollywood. Technicolor's three-color process became known and celebrated for its highly saturated color, and was initially most commonly used for filming musicals such as '' The Wizard ...
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Filene's Basement
Filene's Basement, also called The Basement, was a Massachusetts-based chain of department stores which was owned by Retail Ventures, Inc. until April 2009 when it was sold to Syms. The oldest off-price retailer in the United States, Filene's Basement focused on high-end goods and was known for its distinctive, low-technology automatic markdown system. As of late 2006, the company operated stores in metropolitan areas in eight U.S. states and Washington, D.C. and used a distribution center in Auburn, Massachusetts. The store's name was derived from the subterranean location of its flagship store, in the basement of the former Filene's department store at Downtown Crossing in Boston, Massachusetts. The flagship Downtown Crossing store closed in September 2007 while the building above it underwent construction and had been set to reopen following the conclusion of the construction. The 2009 economic crisis negatively impacted the chain, prompting the closing of many stores and t ...
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White Knight (business)
In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with support from the corporation's board of directors and management. This may be during a period while it is facing a hostile acquisition from another potential acquirer (black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. The first type, the white knight, refers to the friendly acquirer of a target firm in a hostile takeover attempt by another firm. The intent of the acquisition is to circumvent the takeover of the object of int ...
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MAI Basic Four
MAI Basic Four (sometimes written as Basic/Four Corporation or Basic 4) refers to a variety of Business Basic, the computers that ran it, and the company that sold them (its name at various times given as MAI Systems, MAI Basic Four Inc., and MAI Basic Four Information Systems). Basic/Four Corporation was created as a subsidiary of Management Assistance, Inc. in Irvine, California. Basic/Four sold small business minicomputers that were assembled from Microdata Corporation CPUs. MAI Basic Four Business Basic was one of the first commercially available business BASIC interpreters, in the 1970s. MAI Basic Four (the company) originally sold minicomputers but later offered superminicomputers and microcomputers. The computers ran an operating system with the BASIC interpreter integrated. The BASIC interpreter was written in TREE-META. In 1985, Wall Street financier Bennett S. LeBow purchased the company after it had experienced significant operating financial losses. In 1988, LeBow ...
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Bennett S
Bennett may refer to: People *Bennett (name), including a list of people with the surname and given name Places Canada * Bennett, Alberta *Bennett, British Columbia * Bennett Lake, in the British Columbia and Yukon Territory ** Bennett Range **Bennett Lake Volcanic Complex United States *Bennett, Colorado *Bennett, Iowa * Bennett, Missouri * Bennett, North Carolina * Bennett, West Virginia * Bennett, Wisconsin, a town ** Bennett (community), Wisconsin, an unincorporated community *Bennett County, South Dakota * Bennett Mountain, in the Sonoma Mountains, California ** Bennett Valley * Bennett Township (other) Elsewhere *Bennett Island, in the East Siberian Sea * Bennett Islands, Antarctica Education *Bennett College, in Greensboro, North Carolina,U.S. *Bennett College (New York), U.S. * Bennett High School (other) * Bennett Middle School, Salisbury, Maryland, U.S. *Bennett Memorial Diocesan School, Tunbridge Wells, Kent, England * Bennett University, Greater Noi ...
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Corporate Raid
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company. Corporate raids were particularly common between the 1970s and the 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by "activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressur ...
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Associated Press
The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspapers and broadcasters. The AP has earned 56 Pulitzer Prizes, including 34 for photography, since the award was established in 1917. It is also known for publishing the widely used '' AP Stylebook''. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters, English, Spanish, and Arabic. The AP operates 248 news bureaus in 99 countries. It also operates the AP Radio Network, which provides newscasts twice hourly for broadcast and satellite radio and television stations. Many newspapers and broadcasters outside the United States are AP subscribers, paying a fee to use AP material without being contributing members of the cooperative. As part of their cooperative agreement with the AP, most ...
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Prime Computer
Prime Computer, Inc. was a Natick, Massachusetts-based producer of minicomputers from 1972 until 1992. With the advent of PCs and the decline of the minicomputer industry, Prime was forced out of the market in the early 1990s, and by the end of 2010 the trademarks for both PRIME and PRIMOS no longer existed The alternative spellings "PR1ME" and "PR1MOS" were used as brand names or logos by the company. Founders The company was started by seven founders, some of whom worked on the Multics project at MIT. * Robert Baron (President) * Sidney Halligan (VP Sales) * James Campbell (Director of Marketing) * Joseph Cashen (VP Hardware Engineering) * Robert Berkowitz (VP Manufacturing) * William Poduska (VP Software Engineering) * John Carter (Director of Human Resources) The company started with the motto ''"Software First"''. Poduska left in 1981, to start Apollo Computer.Alfred Dupont Chandler, Takashi Hikino, Andrew Von Nordenflycht ''Inventing the electronic century: the epic st ...
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Warburg Pincus
Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over $80 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries. Warburg Pincus invested in the information and communication technology sectors, including investments in Avaya, Bharti Tele-Ventures, Harbour Networks, NeuStar, PayScale, and Telcordia. History Founding and early history In 1939, Eric Warburg of the Warburg banking family founded a company under the name E.M. Warburg & Co. Its first address was 52 William Street, New York ...
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The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to A ...
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Minute Maid
Minute Maid is a product line of beverages, usually associated with lemonade or orange juice, but which now extends to soft drinks of different kinds, including Hi-C. Minute Maid is sold under the Cappy brand in Central Europe and under the brand "Моя Семья" (Moya sem'ya, "My Family") in Russia and the Commonwealth of Independent States. Minute Maid was the first company to market frozen orange juice concentrate, allowing it to be distributed throughout the United States and served year-round. The Minute Maid Company is owned by The Coca-Cola Company, the world's largest marketer of fruit juices and drinks. The firm opened its headquarters in Sugar Land Town Square in Sugar Land, Texas, United States, on February 16, 2009; previously it was headquartered in the 2000 St. James Place building in Houston.Dawson, Jennifer.Minute Maid headquarters opens in Sugar Land" ''Houston Business Journal''. Monday February 16, 2009. Retrieved on February 16, 2009. Overview The comp ...
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