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Logo of Oak Industries. In 1973, [1] Oak Industries, a maker of cable television equipment and other electronic components, and Chartwell Communications, a company majority-owned by Jerry Perenchio and Norman Lear, founded a joint venture initially known as World Pay Television, Inc. to create and operate a subscription television system in the Los Angeles market. [2]
Oak Industries, Inc. was an American electronics company that manufactured a variety of products throughout seven decades in the 20th century. In existence from 1932 to 2000, the company's business lines primarily centered around electronic components and materials, though the company made a high-profile and ultimately failed extension into communications media in the late 1970s and early 1980s.
The company had assets of nearly $100 million, over 350,000 acres of timberland, and paper mills throughout the Pacific Coast capable of producing 1450 tons of finished paper daily. [3] It expanded steadily throughout the 1930s and substantially during the second world war when European paper manufacturers no longer exported to the United States.
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Business grew through many acquisitions. Newell already owned Keene Office Products and Rogers Office Products, acquired in 1991. In 1994 they acquired Eberhard Faber, in 1995 Berol and Phillips, and in 1998 Rotring, a German technical drawing instruments company. Also in 1998, Sanford split into two divisions: Sanford North America and Sanford ...
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BATUS was created by British American Tobacco as a subsidiary to oversee the U.S. holdings in 1980. [4] [5] [6] Through its BATUS unit, BAT diversified its tobacco holdings with acquisitions in the retail sector, [7] paper sector (through the acquisition of Appleton Paper Company [3]) and insurance through the acquisition of Farmers Insurance Group.
In 2009, Oaktree acquired a 20% stake in DoubleLine Capital, a Los Angeles-based investment firm specializing in mortgage-backed fixed income portfolios. [ 36 ] The firm's relationship with Vanguard was expanded in 2011 when Oaktree was selected as one of four firms to manage Vanguard's Emerging Markets Select Stock Fund.
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