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Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. Surviving parts of Hughes Electronics are today known as DirecTV Group , while the automotive divisions became Aptiv .
At the time, one of Kettering's widely known inventions was the Delco-Light, a small internal combustion generator with battery intended to provide a source of electric illumination and mechanical power to rural residents (mostly farmers) who were yet to be connected to the nascent electrical grid system. [3]
TJ Hughes, a trading name of LHR Holding Limited, is a British discount department store brand which first emerged in Liverpool in 1912.. Thomas John Hughes started the business on Liverpool's London Road after an apprenticeship with Owen Owen, eventually partnering with Owen Owen in 1925, which allowed him to expand the store into a department store.
HD Supply Holdings, Inc. (formerly Maintenance Warehouse) is an industrial distributor in North America.The company provides a broad range of products and value-added services to approximately 250,000 professional customers in maintenance, repair and operations, infrastructure and power and specialty construction sectors. [4]
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Following Hughes' death in 1976, HHMI was incorporated in 1977, and litigation ensued to determine whether it would be allowed to maintain its interest in Hughes Aircraft. [10] In 1984, the court appointed a new board for HHMI, which proceeded to sell off Hughes Aircraft to General Motors on December 20, 1985, for an estimated $5.1 billion. [ 11 ]
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Hughes Communications was spun-off as an independent public company in 2007 and began trading on NASDAQ under the ticker symbol HUGH. [ 19 ] On February 14, 2011, Englewood, Colorado-based EchoStar announced it will acquire Hughes Communications, and its subsidiaries including its main operating subsidiary, Hughes Network Systems, for about $2 ...