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Wickes Companies
Wickes Companies was a diversified manufacturing and retail conglomerate. It renamed itself after its subsidiary Collins & Aikman in 1992. Wickes acquired the Michigan Bean Company in December 1955 in an all-stock transaction valued at $1.6 million. Michigan Bean was one of the country's largest bean storage facilities. Gamble-Skogmo acquisition In August 1980, Wickes acquired Gamble-Skogmo Inc., a Minneapolis, Minnesota-based retail conglomerate, for more than $200 million. Although this grew Wickes aggregate sales to more than $4 billion per year, the company took on significant new debt. In May 1981, Wickes shut down Tempo, a former Gamble-Skogmo subsidiary operating 29 discount variety stores in the Western U.S. Bankruptcy Wickes started bankruptcy reorganization in April 1982. With $1.6 billion in debt at stake, it was at the time largest Chapter 11 reorganization since the passage of the Bankruptcy Reform Act of 1978. Corporate acquisitions In 1985, Wickes acquire ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Simmons Bedding Company
The Simmons Bedding Company is an American major manufacturer of mattresses and related bedding products, based in Atlanta, Georgia. The company was founded in 1870, and is one of the oldest companies of its kind in the United States. Simmons' flagship brand is ''Beautyrest''. In addition to operating 18 manufacturing facilities in the United States and Puerto Rico, the company licenses its products internationally. According to a Simmons press release, net sales for 2005 were $855 million, and its revenue was $1.13 billion in 2007 and $1.228 billion in 2013. As of 2011, Simmons ranked in third place among U.S. mattress manufacturers, with a 15.7 percent market share. In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia.
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Wasserstein Perella & Co
Wasserstein is a surname and can refer to: * Bernard Wasserstein, British historian * Bruce Wasserstein, a former investment banker and former CEO of Lazard * Wendy Wasserstein, American Playwright * Wasserstein Perella & Co., an investment bank built by Bruce Wasserstein and Joseph R. Perella * Dresdner Kleinwort Wasserstein, an investment bank, part of Dresdner Bank * Ned Wasserstein, a real estate developer and owner of Waterstone Property Management * Leonid Nasonovich Vasershtein, a Russian-American mathematician It is also used to name: * Wasserstein metric In mathematics, the Leonid Vaseršteĭn, Wasserstein distance or Leonid Kantorovich, Kantorovich–Gennadii Rubinstein, Rubinstein metric is a metric (mathematics), distance function defined between Probability distribution, probability distributi ...
, a mathematical distance measure {{surname ...
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The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately United States dollar, US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter George Peterson, Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc., Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in Seed money, seed capital. The ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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Orchard Supply Hardware
Orchard Supply Hardware (OSH) was an American retailer of home improvement and gardening products. Headquartered in San Jose, California, Orchard Supply Hardware had dozens of locations throughout California, with expansions into Oregon and Florida. After starting as a non-profit cooperative in 1931, the company later converted into a for-profit corporation before it was bought and sold by a number of different corporations during the 1980s. In 1996, the company was acquired by Sears. After a brief period as a public company in 2012–13, the company filed for a Chapter 11 reorganization. In 2013, the bulk of OSH's assets and locations were purchased by the home improvement store chain, Lowe's. For the next five years, the chain was operated as a subsidiary of Lowe's and used for strategic expansion of retail operations. All stores were closed in November 2018. In January 2020, the Memphis-based Central Network Retail Group purchased the OSH brand from Lowe's. History Or ...
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Sun-Sentinel
The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, as well as surrounding Broward County and southern Palm Beach County. It circulates all throughout the three counties that comprise South Florida. It is the largest-circulation newspaper in the area. Paul Pham has held the position of general manager since November 2020, and Julie Anderson has held the position of editor-in-chief since February 2018. The newspaper was for many years branded as the ''Sun-Sentinel'', with a hyphen, until a redesign and rebranding on August 17, 2008. The new look also removed the space between "Sun" and "Sentinel" in the newspaper's flag, but its name retained the space. The ''Sun Sentinel'' is owned by parent company, '' Tribune Publishing''. This company was acquired by Alden Global Capital, which operates its media properties th ...
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Kayser-Roth
Kayser-Roth Corporation (a subsidiary of ) is an underwear and hosiery manufacturer based in Greensboro, North Carolina. The company currently markets three owned brands in North America, No Nonsense, Hue and Burlington. History Julius Kayser & Co., the predecessor to the modern Kayser-Roth Corporation, was founded in the early 20th century by Julius Kayser and was a manufacturer of hosiery, lingerie and gloves. In 1958, the company purchased the Chester H. Roth Company, forming Kayser-Roth. Alfred P. Slaner, the first head of the merged company, developed Supp-Hose hosiery. In 1968, a merger with Penn Central Transportation Company was explored, however terms could not be agreed. In 1973, in order to compete with the L'eggs brand (currently owned by HanesBrands), Kayser-Roth launched No Nonsense, which was one of the first brands of hosiery to be sold in supermarkets, drugstores and discount department stores. In 1975 Kayser-Roth was purchased by conglomerate Gulf+Western. I ...
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Collins & Aikman
Collins & Aikman Corporation was an automotive manufacturer of cockpit modules and automotive floor and acoustic systems and a supplier of instrument panels, automotive fabric, plastic based trim and convertible top systems. The Company's operations spanned 15 countries, incorporating about 120 facilities and approximately 25,000 employees. It entered Chapter 11 bankruptcy on May 17, 2005 and went out of business on October 12, 2007. Business summary Collins & Aikman Corporation (C&A) was engaged primarily in the design, engineering and manufacture of automotive interior components, systems and modules. The company supplied products from three main categories: plastic components and cockpits, soft trim and convertible roof systems. Its products included instrument panels, fully assembled cockpit modules, floor and acoustic systems, automotive fabric and interior trim, as well as exterior trim and trim set, backlights, well slings, tonneau covers and power actuating systems. In ...
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Bohn Aluminum And Brass Corporation
Bohn Aluminum and Brass Corporation was a manufacturing company based in Detroit, Michigan and formed in 1924 from the merger of the General Aluminium and Brass Company and the C.B. Bohn Foundry Company. It produced a series of notable advertisements depicting applications of its product in futuristic environments. It merged into Universal American Corporation in 1963. Universal American merged into Gulf and Western Industries in 1966. Gulf and Western later sold Bohn to the Wickes Companies. Wickes sold Bohn Aluminum and Brass to Norsk Hydro and its Heat Transfer Group division (which included Bohn Heat Transfer) to the Heatcraft subsidiary of Lennox International Lennox International Inc. is a provider of climate control products for the heating, ventilation, air conditioning, (in the complex colloquially called: HVAC) and refrigeration markets. The company is based outside Dallas, Texas in the United .... References External sources Imaging the Future, Arthur Radebaugh, ...
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Gulf And Western Industries
Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. Originally, the company focused on manufacturing and resource extraction. Beginning in 1966, and continuing throughout the 1960s and 1970s, the company purchased a number of entertainment companies, most notably Paramount Pictures in 1966, Desilu Productions in 1967, and a number of record companies, including Dot Records (a subsidiary of Paramount Pictures at the time of purchase) and Stax Records. These became the nuclei of Paramount Television and Paramount Records respectively. The company sold its non-publishing and entertainment assets through the course of the 1980s, with the company re-branding itself as Paramount Communications in 1989. A controlling interest of Paramount Communications was purchased by Viacom in 1994, and the entertainment assets of Gulf and Western are today part of the media conglomerate Paramount Global (also used the Paramount name as the holding company ...
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