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Following the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006. [ 9 ] In 2011, Avis Budget Group acquired Avis Europe , an independently owned company licensee, globally reuniting the Avis and Budget brands.
The new company would assume 3M's business in wound and oral care, health informatics, and biopharmaceutical filtration. [2] The sales of products in these fields accounted for about a quarter of 3M's total sales in 2021. [3] CEO Mike Roman said that the split would "position 3M for the future, to create more opportunity and greater certainty". [4]
Following the acquisition of the majority stake in Lagadère on 13 December 2023, Vivendi announced that it was studying a split project to separate its three businesses, Canal+, Havas and its publishing unit (including its stake in Lagardère) as well as its investments into four separate companies. [73]
Super Micro conducted its first-ever split, 10-for-1, following the close of trading on Sept. 30. To be fair, there have been plenty of bright spots for the company over the last year. In fiscal ...
Johnson & Johnson plans to split into two companies, separating its consumer health division that sells Band-Aids and Baby Powder from its pharmaceuticals and medical devices business in the ...
HFS was among the fastest growing companies of its size in the 1990s and the company's stock rose from its IPO price of $4 per share to $77 per share in 1998. In 1993, HFS purchased the Super 8 brand, franchised to 1,000 motels, for $125 million, [7] [8] and bought the 61-hotel Park Inn brand. [9]
For all the acquisitions Tyco made in 2002, the company also incurred extensive losses. During the first quarter of 2002, following the recession of the previous year, the electronics segment recorded a charge of over $2 billion, related to massive overcapacity of fiber-optic cable, which in turn affected the in-process buildout of Tyco's ...
The private equity funds Kohlberg Kravis Roberts & Co. and GE Capital are among many that have made bets on hospice companies in recent years. In 2010, Gentiva Home Health paid $1 billion to purchase Odyssey Healthcare. It was the largest hospice acquisition in U.S. history, according to the company.