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Saxbys was founded in 2005 by Nick Bayer. Originally, Saxbys started off in Denver with an investment from Bayer, and it expanded into the Philadelphia region. [2] [3]In 2009, Saxbys filed for bankruptcy as they were facing 18 lawsuits from former franchisees and investors who said the company owed them money.
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Bayer Corporation (also known as Bayer USA) is the American subsidiary of Bayer AG. Its main offices are located in Whippany, New Jersey . In addition it has 40 fully consolidated subsidiary companies [ 3 ] located in 19 different states.
Bayer AG (English: / ˈ b aɪ. ər /, commonly pronounced / ˈ b eɪ ər /; [3] German:) is a German multinational pharmaceutical and biotechnology company and is one of the largest pharmaceutical companies and biomedical companies in the world.
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There’s no question Bayer needs reinvention. Its market cap has plunged to two-decade lows, in large part because of the massive litigation that came after its purchase of Monsanto in 2018.