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HFS and CUC combined in a "merger of equals" on December 18, 1997, to form Cendant Corporation. [ 26 ] [ 27 ] As part of the merger, Silverman announced he would reduce his day-to-day involvement with the company and assume the company's chairmanship in preference of CUC's founder and CEO Walter Forbes .
A series of mergers and acquisitions began when Universal Studios (then a division of the Seagram Company) bought a majority stake in October Films in 1997. [2] Universal then sold its shares to Barry Diller in 1999, who renamed the company USA Films and merged it with Interscope Communications and Gramercy Pictures. [3]
That was the case for a man named Frank, who lost $50,000 through an elaborate Facebook scam. It started when he received a Facebook Friend Request from a woman named Kim. He'd never met Kim ...
The alert warns of Zelle scams on Facebook Marketplace in which a fraudulent buyer attempts to buy a big-ticket item using Zelle, the popular peer-to-peer lending app, to make payment. See: 9 ...
Detectives said the scam occurred several times across multiple counties in Southern California. The suspects were not immediately identified. Read more: They planned to sell an iPad online.
The following tables list the largest mergers and acquisitions by decade of transaction. Transaction values are given in the US dollar value for the year of the merger, adjusted for inflation. As of February 2024 [update] , the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($345.4 billion ...
Sagent Advisors was an independent investment bank focused on providing financial advice on mergers & acquisitions, sales, divestitures, and private financing solutions.The firm focused on transactions in several core industry sectors, including Aerospace, Defense & Technology, Financial Institutions, Industrial, Automotive, Retail & Consumer and Technology, Media and Telecommunications. [1]