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The Reed family is an American business family that focuses on owning land. The family currently controls Simpson Investment Company , established 1890, and its spin-off Green Diamond Resource. The family owns 1.37 million acres across California, Washington and Oregon, and is as of 2017 [update] the fifth-largest private landowner in the ...
The two-story, federal-style house was built circa 1809 for Oliver Reed Jr., and inhabited by four generations of the Reed family. In 1973 it was purchased by the Townsend Historical Society. Nearly everything inside is original, from the wide pine floors to the crown glass windows to the mammy bench in the kitchen.
In the 1950s Reed Group acquired Thompson and Norris Manufacturing Co, Holoplast Ltd on Reed's Aylesford site. [11] Albert Edwin Reed's son, Sir (Albert) Ralph Reed (1884-1958) [12] worked at Reed Paper Group until his retirement in 1954. [13] With his retirement from the company, it ended the era of Reed family control. [13]
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Reed later cited the incident as shaping the Reed family's decision to take the company private. [35] In April 2003 the family launched an offer to buy back shares in Reed Executive for 140p per share, an 18% premium on the pre-announcement closing price; in 2005 the family regained control of Reed Health after a premium bid.
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