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Theodore Forstmann
Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. A billionaire, Forstmann was a Republican and a philanthropist. He supported school choice and funded scholarship programs for the disadvantaged. He led a tour of refugee camps in the former Yugoslavia. Early life Forstmann was born and raised in Greenwich, Connecticut, the second of six children. He was the son of Dorothy (née Mercadante) and Julius Forstmann, who ran a wool business that went bankrupt in 1958. Julius had inherited Forstmann Woolen Co. from his own father, one of the richest American businessmen. Forstmann had German and Italian ancestry. He was a graduate of Greenwich Country Day School and Phillips Academy. He then played goalie on the ice hockey team at Yale University where he was a member of Delta Kappa Epsilon fraternity. Forstmann later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenwich, Connecticut
Greenwich (, ) is a town in southwestern Fairfield County, Connecticut, United States. At the 2020 census, the town had a total population of 63,518. The largest town on Connecticut's Gold Coast, Greenwich is home to many hedge funds and other financial services firms. Greenwich is a principal community of the Bridgeport–Stamford–Norwalk–Danbury metropolitan statistical area, which comprises all of Fairfield County. Greenwich is the southernmost and westernmost municipality in Connecticut as well as in the six-state region of New England. The town is named after Greenwich, a royal borough of London in the United Kingdom. History The town of Greenwich was settled in 1640, by the agents Robert Feake and Captain Daniel Patrick, for Governor Theophilus Eaton of New Haven Colony, who purchased the land from the Siwanoy Indians in exchange of 25 English coats. One of the founders was Elizabeth Fones Winthrop, daughter-in-law of John Winthrop, founder and governor of the M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juris Doctor
The Juris Doctor (J.D. or JD), also known as Doctor of Jurisprudence (J.D., JD, D.Jur., or DJur), is a graduate-entry professional degree in law and one of several Doctor of Law degrees. The J.D. is the standard degree obtained to practice law in the United States; unlike in some other jurisdictions, there is no undergraduate law degree in the United States. In the United States, along with Australia, Canada, and some other common law countries, the J.D. is earned by completing law school. It has the academic standing of a professional doctorate (in contrast to a research doctorate) in the United States, – mentions that the J.D. is a “professional doctorate”, in § ‘Data notes’ – describes differences between academic and professional doctorates; contains a statement that the J.D. is a professional doctorate, in § ‘Other references’. where the National Center for Education Statistics discontinued the use of the term "first professional degre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
24 Hour Fitness
24 Hour Fitness is a privately owned and operated fitness center chain headquartered in Carlsbad, California. It is the second largest fitness chain in the United States based on revenue after LA Fitness, and the fourth in number of clubs (behind LA Fitness, Anytime Fitness & Gold's Gym), operating 287 clubs across 11 U.S. states. The company was originally founded by Mark S. Mastrov and was sold to Forstmann Little & Co in 2005, and then to AEA investors and Ontario Teachers Pension Plan in 2014. After COVID-19 forced gym closures ravaged the fitness industry in 2020, the company filed for bankruptcy in June 2020, closed over 100 clubs and successfully emerged from bankruptcy under with new owners Sculptor Capital Investments LLC, Monarch Alternative Capital LP and Cyrus Capital Partners LP in December, 2020. History Early history and founding 24 Hour Fitness was founded in 1983 by Mark Mastrov. Mastrov had been using a local gym for rehab after a knee injury, and turned the g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citadel Broadcasting
Citadel Broadcasting Corporation was a Las Vegas, Nevada-based broadcast holding company. Citadel owned 243 radio stations across the United States and was the third-largest radio station owner in the country. Only iHeartMedia and Cumulus Media owned more stations prior to Citadel's merger with Cumulus. On March 10, 2011, Cumulus Media announced that it would purchase Citadel Broadcasting. After receiving conditional regulatory approval from the Department of Justice and the Federal Communications Commission, the deal was approved by Citadel shareholders on September 15, 2011. The merger of the two companies closed on September 16, 2011, and Citadel was immediately absorbed into Cumulus Media. History The company was founded in 1984 in Phoenix, Arizona by Larry Wilson as Citadel Associates Limited Partnership. In 1990 it was renamed Citadel Associates Montana Limited Partnership for the purpose of owning and operating stations in Montana that were formerly owned by CALP. A yea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Instrument Corporation
General Instrument (GI) was an American electronics manufacturer based in Horsham, Pennsylvania, specializing in semiconductors and cable television equipment. They formed in New York City in 1923 as an electronics manufacturer. During the 1950s, the company began a series of acquisitions under the direction of Moses Shapiro. Among the more notable purchases was General Transistor in 1960, which led to GI becoming a major producer of transistors, and later, integrated circuits (ICs). By the late 1960s, the company was mostly depending on sales into the television industry, which was further bolstered by the 1967 purchase of Jerrold Electronics. The company changed markets continually. Through the 1970s they focussed mostly on the off-track betting market through their purchase of American Totalisator, but this market faced significant competition in the late 1970s. At this time, GI became well known for their IC's including the General Instrument CP1600, CP1600 used in the Mattel I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yankee Candle
The Yankee Candle Company (referred to simply as Yankee Candle) is an American manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware. Its products are sold by thousands of gift shops nationwide, through catalogs, and online, and in nearly 50 countries around the world. The company operates just over 260 small-box format stores, located in malls across 43 U.S. states and Ontario, and is the largest candle manufacturer in the United States. The company is headquartered in South Deerfield, Massachusetts. The Jarden Corporation agreed to buy Yankee Candle for $1.75 billion in the fall of 2013. In 2015, Newell Rubbermaid announced that it would acquire Jarden for over $15 billion of cash and stock. History Yankee Candle Company was started in South Hadley, Massachusetts when Michael Kittredge, originally from Holyoke, Massachusetts, created his first scented candle, ''Christmas 1969'', from melted crayons as a gift for his mother. Neighbors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ziff Davis
Ziff Davis, Inc. is an American digital media and internet company. First founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology-oriented media websites, online shopping-related services, and software services. History The company was founded by William B. Ziff Company publisher Bill Ziff Sr. with Bernard Davis. Upon Bill Ziff's death in 1953, William B. Ziff Jr., his son, returned from Germany to lead the company. In 1958, Bernard Davis sold Ziff Jr. his share of Ziff Davis to found Davis Publications, Inc.; Ziff Davis continued to use the Davis surname as Ziff-Davis. Throughout most of Ziff Davis' history, it was a publisher of hobbyist magazines, often ones devoted to expensive, advertiser-rich technical hobbies such as cars, photography, and electronics. Since 1980, Ziff Davis has primarily published computer-related magazines and related websites, establishing Ziff Davis as an Internet information company. Ziff Davis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Community Health Systems
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021. In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new publicly traded company called Quorum Health Corporation. The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or counties with populations of 50,000 or less. In April 2020 Quorum declared bankruptcy and is no longer trading on the NYSE. On October 3, 2016, CHS was removed from the S&P Midcap 400 and added to the S&P Smallcap 600. Under CEO Wayne T. Smith, the company's stock has lost over 76% of its value since the year 2000. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanadyne
Stanadyne LLC (originally known as Stanadyne Automotive Corporation) is a developer and manufacturer of fuel pumps and fuel injectors for diesel and gasoline engines. The company is based in Windsor, Connecticut, with global locations in Changshu, China (Stanadyne Changshu Corporation), Chennai, India (Stanadyne India Private Limited), and Brescia, Italy (Stanadyne S.p.A.). The company also operates a manufacturing facility in Jacksonville, NC. The company specializes in fuel injection equipment producing components for gasoline direct injection engines, Common rail systems, electronic and mechanical governed rotary distributor pumps for diesel engines and diesel fuel injectors. Stanadyne is wholly owned by the private equity firm Kohlberg & Company. History The company was founded in 1876 as Hartford Machine Screw Company. It was renamed Standard Screw Company in 1900. The company added additional subsidiaries throughout the early part of the century. The combined company prima ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Topps
The Topps Company, Inc. is an American company that manufactures chewing gum, candy, and collectibles. Formerly based in New York City, Topps is best known as a leading producer of American football, baseball, basketball, ice hockey, soccer, and other sports and non-sports themed trading cards. Topps also produces cards under the brand names Allen & Ginter and Bowman. In the 2010s, Topps was the only baseball card manufacturer with a license with Major League Baseball. Following the loss of that license to Fanatics, Inc. in 2022; Fanatics acquired Topps in the same year. Company history Beginning and consolidation Topps itself was founded in 1938, but the company can trace its roots back to an earlier firm, American Leaf Tobacco. Founded in 1890 by members of the Saloman family, the American Leaf Tobacco Co. imported tobacco to the United States and sold it to other tobacco companies. Eventually, in 1908, Morris Chigorinsky Shorin came in control of the company. American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulfstream Aerospace
Gulfstream Aerospace Corporation is an American aircraft company and a wholly owned subsidiary of General Dynamics. Gulfstream designs, develops, manufactures, markets, and services business jet aircraft. Gulfstream has produced more than 2,000 aircraft since 1958. Gulfstream's current range consists of the G280, G550, G500/G600, and G650/G650ER/G700/G800. History Origins The company that evolved into Gulfstream Aerospace Corp. started in the late 1950s when Grumman Aircraft Engineering Co., known for military aircraft production, developed a twin turboprop business aircraft at its facilities in Bethpage, New York, called the Grumman Gulfstream I (G-I). The G-I could seat 12 passengers, had a maximum speed of at and a range of . The new aircraft, the first of its kind designed for business travel, was a success, prompting Grumman to develop the jet-powered Grumman Gulfstream II or GII. 1960s At the start of the GII program, Grumman officials separated the company's civi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ForstmannLeff
ForstmannLeff Associates is an institutional money management firm. It was cofounded by J. Anthony Forstmann and Joel B. Leff in 1968. The firm is also known as one of the original hedge funds in the US. In 1985, the firm had a capitalization of $3.5 billion. Firm history In 2005, Old Mutual Asset Management bought a controlling interest in the firm, and changed the name to ForstmanLeff LLC. In January 2006, the new firm was acquired by its management team in partnership with Angelo, Gordon & Co., a privately held investment firm; The new firm's name was changed in 2007 to AG Asset Management Currently, AG Asset Management LLC operates in the financial services industry. The Company specializes in equity portfolios, mutual funds, and public equity markets. AG Asset primarily provides its services to high net worth individuals. AG Asset Management is located in New York, United States. Clients The firm's clients included, among others, the following: * Intel * Pf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
