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Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers. It was founded in Mechanicsburg, Pennsylvania , in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Several years after the chain shut, formerly competing Ollie's Bargain Outlet opened a store in Worcester, Massachusetts which is branded as "Ollie's Bargain Outlet @ Building #19.” It is an actual former Building #19 location and is intended to pay homage to the now-defunct chain. [ 13 ]
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 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 ...
For instance, Sarah Christiana, among other ships, was offered for sale in a candle auction in 1828. [3] A few candle auctions are still held today as a form of tradition. In Chedzoy, Somerset, a plot of church land is sold by candle auction once every 21 years. [1] In Tatworth, a 6-acre (24,000 m 2) plot is auctioned by candle once per year.
Ollie in the American television show Kukla, Fran and Ollie; Ollie in the British comic strip Ollie and Quentin; Ollie in the Canadian animated series Ollie's Pack; Olly in The Sifl and Olly Show, a television show on MTV; Ollie Millar, in the British soap opera Doctors; Ollie Morgan, in the British soap opera Hollyoaks
McClung argued that the Civil Rights Act was unconstitutional, at least as applied to a small, private business such as his. McClung further argued that the amount of food purchased by Ollie's that actually crossed state lines (about half of the food at Ollie's) was so minuscule that Ollie's effectively had no effect on interstate commerce (although McClung admitted that a significant amount ...
Although a leveraged buyout (LBO) is an effective tool for a group of investors to use to purchase a company, it is less well suited to the case of one company acquiring another. An alternative is the freeze-out merger; the Laws on tender offers allow the acquiring company to freeze existing shareholders out of the gains from merging by forcing ...