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The Bridgeport Brass Company is a former company located in Bridgeport, Connecticut that spun the wire for the first telephone line which ran from New York City to Boston. [1]
In January 1985, the company's employees signed an agreement to buyout the company from its owners to prevent its closure. By this point, the mill was 107 years old and in dire need of repairs and improvements. [2]
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company.
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management.
R. J. Reynolds Nabisco, Inc., doing business as RJR Nabisco, was an American conglomerate, selling tobacco and food products, headquartered in the Calyon Building in Midtown Manhattan, New York City. R. J. Reynolds Nabisco stopped operating as a single entity in 1999. Both RJR and Nabisco still exist.
The Brass Era is an American term for the early period of automotive manufacturing, named for the prominent brass fittings used during this time for such features as lights and radiators. It is generally considered to encompass 1896 through 1915, a time when cars were often referred to as horseless carriages.
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 buyouts 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.
The Star-Ledger is the largest circulation newspaper in New Jersey. It is based in Newark, New Jersey.
In finance, a buyout is an investment transaction by which the ownership equity, or a controlling interest of a company, or a majority share of the capital stock of the company is acquired. The acquirer thereby "buys out" the present equity holders of the target company. A buyout will often include the purchasing of the target company's outstanding debt, which is referred to as "assumed debt" by the purchaser. It is usually synonymous with "acquisition".
British Shipbuilders (BS) was a public corporation that owned and managed the shipbuilding industry in Great Britain from 1977 through the 1980s. Its head office was at Benton House in Newcastle upon Tyne, England.
Big Bear Stores was an American regional supermarket chain operating in the U.S. states of Ohio and West Virginia between 1933 and 2004. The company was founded in Columbus, Ohio, and was headquartered there until its acquisition by Syracuse, New York–based Penn Traffic in 1989. Upon Penn Traffic's bankruptcy in 2004, all remaining Big Bear Stores closed.
Buffet Crampon SAS is a French manufacturer of wind instruments based in Mantes-la-Ville, Yvelines department. The company is the world market leader in the production of clarinets of the Boehm system. Its subsidiary, Buffet Crampon Deutschland GmbH, founded in 2010 and based in Markneukirchen, Vogtland, Sachsen, is the world market leader in the manufacture of brass instruments. To manufacture and sell its products, the BC Group employed around 1000 people worldwide at the beginning of 2021, 470 of them as employees of BC Germany alone. The management of the group has been in the hands of Jérôme Perrod since 2014.
Bain Capital, LP is an American private investment firm based in Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia.
The Connecticut Post is a daily newspaper located in Bridgeport, Connecticut. It serves Fairfield County and the Lower Naugatuck Valley. Municipalities in the Post's circulation area include Ansonia, Bridgeport, Darien, Derby, Easton, Fairfield, Milford, Monroe, New Canaan, Orange, Oxford, Redding, Ridgefield, Seymour, Shelton, Stratford, Trumbull, Weston, Westport and Wilton. The newspaper is owned and operated by the Hearst Corporation, a multinational corporate media conglomerate with $4 billion in revenues. The Connecticut Post also gains revenue by offering classified advertising for job hunters with minimal regulations and separate listings for products and services.
The history of private equity, venture capital, and the development of these asset classes has occurred through a series of boom-and-bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel, although interrelated tracks.
Private equity in the 1980s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.
Wesray Capital Corporation is a private equity firm focusing on leveraged buyout investments. The firm was founded by former US Secretary of the Treasury William E. Simon and former New Jersey Nets owner Ray Chambers.
Bridgeport is the most populous city in the U.S. state of Connecticut and the fifth-most populous city in New England, with a population of 148,654 in 2020. Located in eastern Fairfield County at the mouth of the Pequonnock River on Long Island Sound, it is a port city 60 miles (97 km) from Manhattan and 40 miles (64 km) from The Bronx. It borders the towns of Trumbull to the north, Fairfield to the west, and Stratford to the east. Bridgeport and other towns in Fairfield County make up the Greater Bridgeport Planning Region, as well as the Bridgeport–Stamford–Norwalk–Danbury metropolitan statistical area, the second largest metropolitan area in Connecticut. The Bridgeport–Stamford–Norwalk–Danbury metropolis forms part of the New York metropolitan area.
Kenexa, an IBM Company, provides employment and retention services. This includes recruitment process outsourcing onboarding tools, employee assessment, abilities assessment for employment candidates ; and Kenexa Interview Builder, a structured interview archive with example questions.
William F. Farley is an American businessman, financier and philanthropist. He is the sole owner of Farley Industries, a private equity firm based in Chicago, and a co-owner of the Chicago White Sox. For 15 years (1985–99), he was the chairman and CEO of Fruit of the Loom until he was ousted by the board of directors on August 30, 1999. He is currently the founder, CEO and majority owner of Zrii, a multilevel marketing company based in Salt Lake City.
A buyout clause or release clause refers to a clause in a contract that imposes an obligation on another organisation wishing to acquire the services of the employee under contract to pay the fee of the clause to the organisation which issued the contract and currently employs the employee.
Isadore Familian was a Los Angeles–based businessman and Jewish community leader who served as CEO of Price Pfister Brass Manufacturing Company.