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In 1994, Home Interiors and Gifts was sold to the investment firm of Hicks, Muse, Tate & Furst in a $1 billion leveraged buyout. [1] [8] The company sold more than $850 million annually in silk and polyester flower arrangements, porcelain puppies and other decorative household items at home parties.
Mary C. Crowley (April 1, 1915 – June 1986), [1] was the founder and CEO of the Texas-based Home Interiors and Gifts, Inc., which became one of the largest direct sales home furnishing operations in America. [2] She was considered to be one of the leading businesswomen in the United States in the 1970s. [3]
After doing his military service in the U.S. Air Force, he joined his mother, Mary C. Crowley, in the successful company she founded selling interior decoration with a home party plan, Home Interiors and Gifts. [6] [4] [7] The business was sold to Hicks, Muse, Tate & Furst and netted Carter millions of dollars. [8]
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WASHINGTON (Reuters) -U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated mortgage rates and house prices,… People 23 days ago
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