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Binoculars: Bushnell sells a wide variety of binoculars and was awarded the Best Buy award from Outdoor Life magazine in 2005 for their Browning Sports Optics binoculars and in 2006 for their Legend binoculars. [22] [23] Microscopes; Telescopes: Bushnell made smaller amateur optical telescopes. Some popular models include the "ARES 5", and the ...
In July 2007, Wind Point Partners sold Bushnell Performance Optics along with Tasco property and sales rights to MidOcean Partners, a private equity firm based in New York and London. [10] On September 5, 2013, Alliant Techsystems announced it had entered into a definitive agreement to acquire Bushnell. Under the terms of the transaction, ATK ...
In 2007, Bushnell was acquired by MidOcean Partners, another private equity firm, in a leveraged buyout. In 2008, Bushnell acquired the assets of Simmons Outdoor Corporation from Meade Instruments. ATK announced its acquisition of Bushnell on September 5, 2013, for $985 million in cash, subject to post-closing adjustments. [39] [40]
In 1922, the Vaughan family bought out the Bushnell family's interests in the company, and in 1940 opened a factory in the nearby (and unrelated) city of Bushnell. [3] In 1963, company's headquarters were relocated to Hebron, Illinois. In 1993, the company became the first striking tool manufacturer to receive ISO 9002 certification. [4]
On December 8, 2009, Joseph Womack was named as Bushnell University's 10th president, taking office on June 1, 2010. [4] Womack is the son of Bushnell's eighth president, James Womack, who served from 1986 to 2004. [5]
Nolan Kay Bushnell (born February 5, 1943) is an American businessman and electrical engineer. He established Atari, Inc. and the Chuck E. Cheese's Pizza Time Theatre chain. . He has been inducted into the Video Game Hall of Fame and the Consumer Electronics Association Hall of Fame, received the BAFTA Fellowship and the Nations Restaurant News "Innovator of the Year" award, and was named one ...
Bushnell's Law or Nolan's Law is an aphorism often attributed to Atari founder Nolan Bushnell, on the subject of video game design: [1] All the best games are easy to learn and difficult to master. They should reward the first quarter and the hundredth. Bushnell came up with the concept based on his experience with his first game Computer Space ...
Late in 2010, the government sold its remaining stock holding in the company, yielding an overall net profit to taxpayers of $12 billion (~$16.4 billion in 2023). [89] A special IRS tax exception given to Citi allowed the US Treasury to sell its shares at a profit, while it still owned Citigroup shares, which eventually netted $12 billion.
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