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Susan Decker
Susan Lynne Decker (born November 17, 1962) is an American businesswoman. She was president of Yahoo! Inc in 2007 and 2008, leading the operations of the company while Jerry Yang was chief executive officer. In 2017, Decker co-founded a social networking platform called Raftr. Career Investment Research Decker received her Bachelor of Science degree in computer science and economics from Tufts University, and a Masters of Business Administration from Harvard Business School. She is also a Chartered Financial Analyst. Prior to joining Yahoo, she worked at the U.S. investment bank Donaldson, Lufkin & Jenrette for 14 years. She spent 12 years as an equity research analyst, providing coverage to institutional investors on more than 30 media, publishing, and advertising stocks. In this capacity, she was listed by '' Institutional Investor'' magazine as a top rated analyst for ten consecutive years. She subsequently became the global director of equity research, a $300 million op ...
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Memphis, Tennessee
Memphis is a city in Shelby County, Tennessee, United States, and its county seat. Situated along the Mississippi River, it had a population of 633,104 at the 2020 United States census, 2020 census, making it the List of municipalities in Tennessee, second-most populous city in Tennessee, the fifth-most populous in the Southeastern United States, Southeast, and the List of United States cities by population, 28th-most populous in the nation. Memphis is the largest city proper on the Mississippi River and anchors the Memphis metropolitan area that includes parts of Arkansas and Mississippi, the Metropolitan statistical area, 45th-most populous metropolitan area in the U.S. with 1.34 million residents. European exploration of the area began with Spanish conquistador Hernando de Soto in 1541. Located on the high Chickasaw Bluffs, the site offered natural protection from Mississippi River flooding and became a contested location in the colonial era. Modern Memphis was founded in 181 ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are usually the same people or closely connected with on ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Vox Media
Vox Media, Inc. is an American mass media company founded in Washington, D.C. with operational headquarters in Lower Manhattan, New York City. The company was established in November 2011 by CEO Jim Bankoff and Trei Brundrett to encompass ''SB Nation'' (a sports blog network founded in 2003 by Tyler Bleszinski, Markos Moulitsas, and Jerome Armstrong) and '' The Verge'' (a technology news website launched alongside Vox Media). Bankoff had been the CEO for ''SB Nation'' since 2009. Vox Media owns numerous editorial brands, most prominently '' New York'', '' The Verge'', '' Vox'', ''SB Nation'', and '' Eater''. ''New York'' further incorporates the websites ''Intelligencer'', '' The Cut'', ''Vulture'', ''The Strategist'', '' Curbed'', and ''Grub Street''. '' Recode'' was integrated into ''Vox'', while ''Racked'' was shut down. Vox Media's brands are built on Concert, a marketplace for advertising, and WordPress. The company's lines of business include Concert, Vox Creative, ...
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Vail Resorts
Vail Resorts, Inc. is an American mountain resort company headquartered in Broomfield, Colorado. The company is divided among divisions that own and operate 42 mountain resorts in four countries, along with hotels, lodging, condominiums, and golf courses that comprise property real estate holdings. History Vail Resorts was founded as Vail Associates Ltd. by Pete Seibert and Earl Eaton in the early 1960s. Eaton, a lifelong resident, led Seibert (a former WWII 10th Mountain Division ski trooper) to the area in March 1957. They both became ski patrol guides at Aspen, Colorado, when they shared their dream of finding the "next great ski mountain." Seibert set off to secure financing, and Eaton engineered the early lifts. Their Vail ski resort opened in 1962. George N. Gillett Jr. purchased Vail Associates in 1985, but the company veered toward bankruptcy by 1991. In 1992 Vail Associates was acquired by Apollo Ski Partners, a new arm of the private equity firm Apollo Global Manage ...
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SurveyMonkey
SurveyMonkey Inc. (formerly Momentive Global Inc. from 2021 to 2023) is an experience management company that offers cloud-based software in brand insights, market insights, product experience, employee experience, customer experience, online survey development, and a suite of paid back-end programs. Along with its San Mateo, California headquarters in leased space at Franklin Templeton Investments headquarters, SurveyMonkey also has offices in Portland, Ottawa, Dublin, Amsterdam, London, and Sydney. , SurveyMonkey employed around 1,400 people. On June 9, 2021, SurveyMonkey announced its rebrand to Momentive with the intent to better represent their business-to-business product suite. SurveyMonkey continued to operate as a subsidiary survey platform. The Momentive Inc. product portfolio included Momentive, GetFeedback, and SurveyMonkey. In June 2023, the company rebranded itself back to SurveyMonkey after being acquired by an investor group led by Symphony Technology Group. ...
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Costco
Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. As of 2021, Costco is the third-largest retailer in the world, and as of August 2024, Costco is the world's largest retailer of beef, poultry, organic produce, and wine, with just under a third of American consumers regularly shopping at Costco warehouses. This article states that FedMart "became" Costco, which is incorrect. Sol Price founded Price Club after leaving FedMart. Costco is ranked #11 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. Costco originally began with a wholesale business model aimed at enrolling businesses as members, then also began to enroll individual consumers and sell products intended for them, including its own private label brand. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signat ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 20 ...
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Automattic
Automattic Inc. is an American global distributed company most notable for WordPress.com and its contributions to the WordPress system. The company was founded in 2005. Automattic's brands and products include WordPress.com, Akismet, Gravatar, BuddyPress, Simplenote, WooCommerce, Atavist, Tumblr, Parse.ly, Day One, Pocket Casts, and Beeper. History Matt Mullenweg co-founded the open-source blogging platform WordPress in 2003. Two years later, he founded Automattic to monetize the platform. Initially the company developed commercial products related to WordPress, including WordPress.com for WordPress-managed hosting and the spam filtering service Akismet. Toni Schneider, a former executive at Yahoo, became chief executive officer (CEO) in 2006. In April 2006, Automattic's Regulation D filing showed it had raised approximately $1.1 million in funding. On September 9, 2010, Automattic gave the WordPress trademark and control over bbPress and BuddyPress to th ...
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Boards Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief execut ...
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Carol Bartz
Carol Ann Bartz (born August 28, 1948) is an American business executive, former president and CEO of the internet services company Yahoo!, and former chairman, president, and CEO at architectural and engineering design software company Autodesk. Early life and education Bartz was born in Winona, Minnesota, the daughter of Shirley Ann (née Giese) and Virgil Julius Bartz. Her mother died when Carol was eight years old. A few years later, she and her younger brother, Jim, moved from Minnesota across the Mississippi River to the home of their grandmother, Alice, on a dairy farm near Alma, Wisconsin.Krismann, Carol. Encyclopedia of American Women in Business', page 59 (Greenwood Publishing Group 2005).Malone, Michael. Betting it All', pages 112 and 117 (John Wiley and Sons 2001). In high school, Bartz did well in mathematics, and was also homecoming queen. She began college at William Woods University in Fulton, Missouri, and subsequently transferred to the University of Wisc ...
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United States Antitrust Law
In the United States, antitrust law is a collection of mostly federal laws that govern the conduct and organization of businesses in order to promote economic competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Section 2 of the Sherman Act prohibits monopolization. Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. The Robinson–Patman Act, an amendment to the Clayton Act, prohibits price discrimination. Federal antitrust laws provide for both civil and criminal enforcement. Civil antitrust enforcement occurs through lawsuits filed by the Federal Trade Commission (FTC), the Antitrus ...
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