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Trans-National Communications
Trans-National Communications, Inc. was a New York City based Holding company that owned the Boston Celtics of the National Basketball Association and the Oakland Seals of the National Hockey League. Trans-National Communications was founded in 1968 by Woody Erdman, Ellis E. "Woody" Erdman, a radio station owner, and William Creasy, a television producer for CBS Sports. Erdman wanted to create an investment group with former professional athletes and use their celebrity power to sell the product. TNC's celebrity investors were Pat Summerall, Whitey Ford, Dick Lynch, and Jim Katcavage. Trans-National Communications holdings included over 100 radio stations, the radio broadcast rights to the New York Jets and the New York Giants, the Bank of Philadelphia (village), New York, Philadelphia, film companies, and farms. On March 2, 1969, Trans-National Communications purchased the Oakland Seals from Barry Van Gerbig for $4.5 million. TNC's control of the Seals ended after one season after ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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New York Giants
The New York Giants are a professional American football team based in the New York metropolitan area. The Giants compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) East division. The team plays its home games at MetLife Stadium at the Meadowlands Sports Complex in East Rutherford, New Jersey, west of New York City. The stadium is shared with the New York Jets. The Giants are headquartered and practice at the Quest Diagnostics Training Center, also in the Meadowlands. The Giants were one of five teams that joined the NFL in 1925, and they are the only one of that group still existing, as well as the league's longest-established team in the Northeastern United States. The team ranks third among all NFL franchises with eight NFL championship titles: four in the pre–Super Bowl era (1927, 1934, 1938, 1956) and four since the advent of the Super Bowl ( XXI (1986), XXV (1990), XLII (2007), and XLVI (2011)), alo ...
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Holding Companies Of The United States
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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Companies That Filed For Chapter 11 Bankruptcy In 1972
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Holding Companies Disestablished In 1972
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin' "Holdin'" is a song written by Kelly Garrett and Craig Wiseman, and recorded by American country music group Diamond Rio Diamond Rio is an American country music band. The band was founded in 1982 as an attraction for the Opryland USA theme ...," a song by Diamond Rio * Hoarding * Possession (law) {{disambiguation ...
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American Companies Disestablished In 1972
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Holding Companies Established In 1968
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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Companies Based In New York City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Boston Celtics Owners
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest municip ...
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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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Red Auerbach
Arnold Jacob "Red" Auerbach (September 20, 1917 – October 28, 2006) was an American professional basketball coach and executive. He served as a head coach in the National Basketball Association (NBA), most notably with the Boston Celtics. Auerbach was also the head coach of the Washington Capitols and Tri-Cities Blackhawks. As a coach, Auerbach set NBA records with 938 wins and nine List of NBA championship head coaches, championships. After his coaching retirement in 1966, he served as president and front office executive of the Celtics until his death. As general manager and team president of the Celtics, he won an additional seven NBA titles for a grand total of 16 in a span of 29 years, making him one of the most successful team officials in the history of North American professional sports. Auerbach is remembered for being a pioneer of modern basketball, redefining basketball as a game dominated by team play and defence, and introducing the fast break as a potent offe ...
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Barry Van Gerbig
Barend "Barry" van Gerbig (born 1939) is a US millionaire socialite best known as the owner of the National Hockey League's California Seals. Early life Van Gerbig was born in New York City as the son of attorney Howell van Gerbig and his wife Dorothy Fell van Gerbig. He attended Princeton University, graduating in 1961. At Princeton, he played for the school's ice hockey squad as goaltender. After graduation, he briefly played minor league hockey for the Charlotte Checkers and Des Moines Oak Leafs. Afterward, he worked on Wall Street, owning stock in Union Carbide and Standard Oil of New Jersey. Involvement in the NHL Van Gerbig was a friend of a number of NHL owners, including Bruce Norris of the Detroit Red Wings, Weston Adams of the Boston Bruins (and his attorney, Charles Mulcahy), and William Jennings of the New York Rangers. Mulcahy had suggested van Gerbig buy into the Bruins' Western Hockey League affiliate, the San Francisco Seals as a way of getting in on a planned ...
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