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Federated Investors logo. Federated Investors was founded in 1955 by high school classmates John F. Donahue, Richard B. Fisher, and Thomas J. Donnelly. [2]Aetna acquired a majority ownership stake in Federated Investors in 1982; at the time Federated had nearly $30 billion in assets under management. [3]
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Kaufmann's was founded in Pittsburgh in 1871 by brothers Morris, Jacob, and Isaac Kaufmann as a small South Side men's store. [4] [5] In 1877, the brothers moved downtown to a location that became known as The Big Store. [6]
The majority of his and his wife's estate was left to the Edgar J. Kaufmann Charitable Fund, which concentrates efforts on improving the lives of Pittsburgh's residents. His son Edgar Kaufmann, Jr. inherited Fallingwater, and in 1963 donated it, [13] along with the pristine natural mountain acreage, to the Western Pennsylvania Conservancy. Both ...
In 2005, May was acquired by Federated Department Stores for $11 billion (~$16.5 billion in 2023) in stock, with all former May divisions being folded into Federated's various Macy's branches. [14] [15] In 2006, over 400 former May stores, with their wide variety of long-standing brand names, were consolidated and renamed as Macy's.
Berkshire Hathaway was the first company to introduce 517,500 new Class B shares into the market in 1996. [15] The company demonstrated the differences between Class A and B shares clearly—stating that the Class B common stock has the economic interests equivalent to 1/30th of a Class A common stock, [16] but has only 1/200th of the voting rights of a Class A common stock.
The following is a limited list of mutual-fund families in the United States. A family of mutual funds is a group of funds that are marketed under one or more brand names , usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is ...
Allied Stores was a holding company of department store chains in the United States.It was founded in the 1930s as part of a general consolidation in the retail sector by B. E. Puckett.