Wheel Horse
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Wheel Horse
Wheel Horse was a manufacturer of outdoor and garden power equipment, including lawn and garden tractors. The company's headquarters were in South Bend, Indiana, USA. History The business was started in the two-car garage of Elmer Pond in 1946. Pond began building two-wheel, self-propelled "Walk-Away" garden tractors that were sold under the Pond name. Due to a naming conflict with another company, the company's name was changed to Wheel Horse. The name not only evokes tractors generally (doing tractive work with wheels) but also the connotation of a steady, dependable worker (wheelhorse). Pond's son Cecil Elwood Pond continued to develop and market the company's products. The framework was typically simple angle or channel iron and various surplus motorcycle and automotive parts were used. In 1947, a four-wheel tractor, the "Ride-Away" model was introduced for garden use. It was also made from crude parts and without a hood for easy service access. The demand for garden ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Lawn And Garden Tractors
A lawn is an area of soil-covered land planted with grasses and other durable plants such as clover which are maintained at a short height with a lawnmower (or sometimes grazing animals) and used for aesthetic and recreational purposes. Lawns are usually composed only of grass species, subject to weed and pest control, maintained in a green color (e.g., by watering), and are regularly mowed to ensure an acceptable length. Lawns are used around houses, apartments, commercial buildings and offices. Many city parks also have large lawn areas. In recreational contexts, the specialised names turf, pitch, field or green may be used, depending on the sport and the continent. The term "lawn", referring to a managed grass space, dates to at least than the 16th century. With suburban expansion, the lawn has become culturally ingrained in some areas of the world as part of the desired household aesthetic.Robbins, PaulLawn People: How Grasses, Weeds, and Chemicals Make Us Who We Are P ...
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Arendtsville, Pennsylvania
Arendtsville is a borough in Adams County, Pennsylvania, United States. The borough lies on Pennsylvania Route 234 and is well known for its annual Apple Harvest Festival in the fall. The population was 867 at the 2020 census. History Arendtsville was named for John Arendt, an early settler. Geography Arendtsville is located at (39.924548, -77.297132). According to the U.S. Census Bureau, the borough has a total area of , all land. The borough is located near South Mountain, the northern extension of the Blue Ridge Mountain Range. Demographics As of the census of 2000, there were 848 people, 329 households, and 242 families residing in the borough. The population density was . There were 340 housing units at an average density of . The racial makeup of the borough was 88.80% White, 1.30% African American, 0.12% Native American, 0.24% Asian, 8.61% from other races, and 0.94% from two or more races. Hispanic or Latino of any race were 16.04% of the population. There were 3 ...
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New Holland Agriculture
New Holland is a global full-line agricultural machinery manufacturer. New Holland agricultural products include tractors, combine harvesters, balers, forage harvesters, self-propelled sprayers, haying tools, seeding equipment, hobby tractors, utility vehicles and implements, and grape harvesters. The original New Holland Machine Company was founded in 1895 in New Holland, Pennsylvania; it was acquired by Sperry Corporation in 1947, then by Ford Motor Company in 1986, and then by FiatAgri in 1991, becoming a full-line producer. In 1999, New Holland became a brand of CNH Global (NYSE: CNH), which was majority-owned by Fiat Industrial. On 29 September 2013, CNH Global N.V. and Fiat Industrial S.p.A. were merged into CNH Industrial N.V., a company incorporated in the Netherlands. Fiat Industrial shareholders received one CNH Industrial common share for every Fiat Industrial share held and CNH Global shareholders received 3.828 CNH Industrial common shares for every CNH Global comm ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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American Motors
American Motors Corporation (AMC; commonly referred to as American Motors) was an American automobile manufacturing company formed by the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S. history. American Motors' most similar competitors were those automakers that held similar annual sales levels such as Studebaker, Packard, Kaiser Motors, and Willys-Overland. Their largest competitors were the Big Three— Ford, General Motors, and Chrysler. American Motors' production line included small cars - the Rambler American which began as the Nash Rambler in 1950, Hornet, Gremlin, and Pacer; intermediate and full-sized cars, including the Ambassador, Rambler Classic, Rebel, and Matador; muscle cars, including the Marlin, AMX and Javelin; and early four-wheel drive variants of the Eagle and the Jeep Wagoneer, the first true crossovers in the U.S. market. Regarded as "a small company deft ...
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Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ...
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Des Moines, Iowa
Des Moines () is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, which was shortened to "Des Moines" in 1857. It is located on, and named after, the Des Moines River, which likely was adapted from the early French name, ''Rivière des Moines,'' meaning "River of the Monks". The city's population was 214,133 as of the 2020 census. The six-county metropolitan area is ranked 83rd in terms of population in the United States with 699,292 residents according to the 2019 estimate by the United States Census Bureau, and is the largest metropolitan area fully located within the state. Des Moines is a major center of the US insurance industry and has a sizable financial services and publishing business base. The city was credited as the "number one spot for U.S. insurance companies" in a ''Business Wire'' articl ...
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Snowmobile
A snowmobile, also known as a Ski-Doo, snowmachine, sled, motor sled, motor sledge, skimobile, or snow scooter, is a motorized vehicle designed for winter travel and recreation on snow. It is designed to be operated on snow and ice and does not require a road or trail, but most are driven on open terrain or trails. Snowmobiling is a sport that many people have taken on as a serious hobby. Older snowmobiles could generally accommodate two people; however, most snowmobiles manufactured since the 1990s have been designed to only accommodate one person. Snowmobiles built with the ability to accommodate two people are referred to as "2-up" snowmobiles or "touring" models and make up an extremely small share of the market. Most snowmobiles do not have any enclosures, except for a windshield, and their engines normally drive a continuous track at the rear. Skis at the front provide directional control. Early snowmobiles used simple rubber tracks, but modern snowmobiles' tracks are usu ...
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Warranty
In contract law, a warranty is a promise which is not a condition of the contract or an innominate term: (1) it is a term "not going to the root of the contract",Hogg M. (2011). ''Promises and Contract Law: Comparative Perspectives''p. 48 Cambridge University Press. and (2) which only entitles the innocent party to damages if it is breached: i.e. the warranty is not true or the defaulting party does not perform the contract in accordance with the terms of the warranty. A warranty is not a guarantee. It is a mere promise. It may be enforced if it is breached by an award for the legal remedy of damages. A warranty is a term of a contract. Depending on the terms of the contract, a product warranty may cover a product such that a manufacturer provides a warranty to a consumer with which the manufacturer has no direct contractual relationship. A warranty may be express or implied. An express warranty is expressly stated (typically, written); whether or not a term will be implied int ...
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Snow Blower
A snow blower or snow thrower is a machine for removing snow from an area where it is problematic, such as a driveway, sidewalk, roadway, railroad track, ice rink, or runway. The commonly used term "snow blower" is a misnomer, as the snow is moved using an auger or impeller instead of being blown (by air). It can use either electric power (line power or battery), or a gasoline or diesel engine to throw snow to another location or into a truck to be hauled away. This is in contrast with the action of snow plows, which push snow to the front or side. Typically, the snow is discharged to one side. Snow blowers range from the very small, capable of removing only a few inches (a few more cm) of light snow in an path, to the very large, mounted onto heavy-duty winter service vehicles and capable of moving wide, or wider, swaths of heavy snow up to deep. Snow blowers can generally be divided into two classes: single-stage and two-stage. On a single-stage snow blower, the auger ...
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