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The Flagstar Companies
Trans World Corporation was the original name of the holding company set up to own Trans World Airlines. History In 1967, when the airline sought to diversify into other areas of business, a key investment was ''Hilton International Hotels'', the non-American interests of the Hilton Hotels chain. (Because of this split, the Hilton International chain had to call its hotels in America ''Vista'', while future overseas locations of the American Hilton chain were called ''Conrad International''. This operation was later sold by Trans World Corporation while under the leadership of Charles C. Tillinghast Jr. the CEO of TWA and the first known to receive a golden parachute employment contract. In 1983, Trans World Corporation, under Chief Executive Officer L. Edwin Smart, spun off Trans World Airlines to Carl C. Icahn, At the time of TWA's spinoff, TWC owned Spartan Food Systems Inc., the Canteen Corporation, Hilton International, and Century 21 Real Estate Corporation. Trans Worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spartanburg, South Carolina
Spartanburg is a city in and the county seat, seat of Spartanburg County, South Carolina, United States. The city of Spartanburg has a municipal population of 38,732 as of the 2020 United States census, 2020 census, making it the 11th-largest city in the state. For a time, the Office of Management and Budget (OMB) grouped Spartanburg and Union County, South Carolina, Union Counties together as the Spartanburg metropolitan statistical area, but as of 2018,the OMB defines only Spartanburg County as the Spartanburg MSA. Spartanburg is the second-largest city in the greater Greenville-Spartanburg-Anderson Combined Statistical Area, Greenville–Spartanburg–Anderson combined statistical area, which had a population of 1,385,045 as of 2014. It is part of a 10-county region of northwestern South Carolina known as "Upstate South Carolina, The Upstate", and is located northwest of Columbia, South Carolina, Columbia, west of Charlotte, North Carolina, and about northeast of Atlanta, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transamerica Corporation
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became an independent subsidiary of multinational company Aegon. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies. History In October 1904, A.P. Giannini founded the Bank of Italy in San Francisco. In October 1928, Giannini created a holding company that he named the Trans-America Corporation, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parent Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Augusta Chronicle
''The Augusta Chronicle'' is the daily newspaper of Augusta, Georgia, and is one of the oldest newspapers in the United States still in publication. The paper is known for its coverage of the Masters Tournament, which is played in Augusta. The ''Chronicle'' had a daily circulation of 18,177 and a Sunday circulation of 21,166 according to Dec 2018 Quarterly Data Report by the Alliance for Audited Media. History The paper was founded as the weekly ''Augusta Gazette'' in 1785. In 1786, the paper was renamed ''The Georgia State Gazette''. From 1789 to 1804, the paper was known as ''The Augusta Chronicle and Gazette of the State''. Patrick Walsh, later a U.S. Senator, joined the editorial staff in 1866 and became owner in 1873. In 1945, former bookkeeper William Morris, Jr. bought controlling interest in the paper. This was the beginning of Morris Communications, headquartered in Augusta with the ''Chronicle'' as flagship. In addition to a daily online edition, the entire archives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denny's
Denny's (also known as Denny's Diner on some of the locations' signage) is an American table service diner-style restaurant chain. It operates over 1,700 restaurants in many countries. Description Originally opened as a Diner, coffee shop under the name Danny's Donuts, Denny's was known for always being open and serving breakfast, lunch, and dinner 24 hours a day. Denny's did not close on holidays and nights, except where Blue laws in the United States, required by law. Many restaurants are located in proximity to freeway exits, bars, and in-service areas. Denny's started franchising in 1963, and most Denny's restaurants are now franchisee-owned. Franchise agreements require 24/7 service in most locations. Because of the impact of the COVID-19 pandemic on the restaurant industry in the United States, many Denny's had to close for the first time, and may now have limited hours of operation. History Denny's was founded by Harold Butler (businessman), Harold Butler and Richard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canteen Corporation
{{Primary sources, date=February 2007 Canteen is an Australian national support organisation for young people (aged 12–25) living with cancer; including cancer patients, their brothers and sisters, and young people with parents or primary carers with cancer. Canteen was created by young cancer patients in 1985 and its policies are guided by young people living with cancer. The organisation is also present in New Zealand. On the last Friday of October, Canteen holds National Bandanna Day. Bandannas are sold to fundraise. Canteen's celebrity ambassadors include Shannan Ponton Shannan Ponton is a personal trainer on the Australian version of ''The Biggest Loser''. He made his first appearance during the show's second season in 2007, where he trained the blue team alongside Bob Harper. After Harper's departure during ..., Kate Peck, Chris Bond, Terry Campes, MC Optamus, Kathryn Robinson, Jessica Adamso, David Mackay,Katrina Stokes, http://www.adelaidenow.com.au/news/south ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Pollo Loco
El Pollo Loco (Spanish for "The Crazy Chicken") is the name of two independent restaurant chains that specialize in Mexican-style grilled chicken. Both were founded by Juan Francisco Ochoa. He established the first El Pollo Loco restaurant in Guasave, Sinaloa, Mexico in 1974. Ochoa then expanded his chain into the United States in 1980. He later sold his U.S. restaurants in 1983 while keeping the ones in Mexico. The two companies have since occupied non-overlapping global territories and have offered different fare. * El Pollo Loco (Mexico) is the chain still owned by Ochoa's family and operates over 50 () locations within Mexico. * El Pollo Loco (United States) operates about 500 () company-owned and franchised restaurants primarily in the Southwestern United States. Since 2014, the U.S.-based company has been publicly traded on the NASDAQ stock exchange under the ticker LOCO. See also * List of fast-food chicken restaurants This is a list of notable chicken restaurants ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hardee's
Hardee's Restaurants LLC is an American fast-food restaurant chain operated by CKE Restaurants Holdings, Inc. ("CKE") with locations primarily in the Southern and Midwestern United States. The company has evolved through several corporate ownerships since its establishment in 1961 in North Carolina. In April 1997, CKE Restaurants Holdings, Inc., the parent company of Carl's Jr., paid $327 million to Montreal-based Imasco Limited for Hardee's. The merger created a chain of 3,828 restaurants – 3,152 Hardee's outlets in 40 states and 10 foreign countries and 676 Carl's Jr. outlets, primarily in California. In June 2018, former CKE CEO Jason Marker announced that Carl's Jr. and Hardee's would become separate brands, claiming that CKE's racy advertising and marketing campaigns were incompatible with a family-oriented chain like Hardee's. In April 2019 Ned Lyerly, a 30-year veteran of the company & formerly President of CKE's International division, was named CEO replacing Jason Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
