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International Dairy Queen, Inc. (DQ) is an American multinational fast food chain founded in 1940 and currently headquartered in Bloomington, Minnesota. [4] [5] The first Dairy Queen was owned and operated by Sherb Noble and first opened on June 22, 1940, in Joliet, Illinois.
Dairy Queen [26] Food and Beverage 99% 1997/10/21 $585 Million [27] Duracell: Household Products 100% 2016/02/29 [28] $1.8 billion [29] Ebby Halliday Companies Real Estate 100% 2018/06/03 [30] Fechheimer Brothers Company Clothing 100% 1986 FlightSafety International: Business Services 100% 1997 [31] Forest River: Automotive 100% 2005/08/31 ...
Dairy Queen marked 30 years in support of the Children's Miracle Network in 2014. In that time, Dairy Queen has helped raise more than $125 million. [10] The biggest fundraising event that Dairy Queen holds for the cause is the Miracle Treat Day. Each year the event makes millions of dollars, and the goal is for the amount to continue to grow. [11]
In October 1997, Berkshire acquired Dairy Queen, based in Edina, Minnesota, for $585 million. It franchises approximately 6,000 stores operating under the names Dairy Queen, Orange Julius, and Karmelkorn that sell dairy desserts, beverages, prepared foods, blended fruit drinks, popcorn, and other snack foods. [53] [54]
In 1996, International Dairy Queen Inc. bought 31 Dairy Queen/Brazier outlets in Kentucky, Tennessee, and Indiana from Druther's Systems Inc. for an undisclosed price. [ 6 ] Former Druther's locations in Louisville, Kentucky currently house other businesses such as a Burger King and a local liquor store called Our Place Liquors.
Dairy Queen (DQ) is an American fast food restaurant chain specializing in ice cream. Dairy Queen may also refer to: Dairy Queen, by Catherine Gilbert Murdock;
Tastee-Freez was founded in 1950 in Joliet, Illinois, by Leo S. Maranz and Harry Axene (formerly of Dairy Queen). [2] [3] Maranz invented a soft serve pump and freezer which enabled the product, and their Harlee Manufacturing Company (a portmanteau of Harry and Leo) produced the machines which franchisees would buy and use in their respective locations. [3]
Sullivan guided Dairy Queen from 1987 to 2001, and battled McDonald's, Wendy's, and Burger King in the fast food market. [3] He also resolved internal problems with Dairy Queen distributors. [ 4 ] Sullivan sold Dairy Queen to Warren Buffett and Berkshire Hathaway in 1998.