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Metro Manila Transit Corporation – split into four private companies in the 1990s. [20] National Sugar Trading Corporation (NASUTRA) – Former state monopoly, split in 1986 into its various predecessors. [21] Philippine National Bank – 1989–2005 [22] Radio Philippines Network – 80% privatized since 2014. [23]
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 ]
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental , [ 3 ] Budget Rent a Car , [ 4 ] Budget Truck Rental , Payless Car Rental and Zipcar .
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The Jones Group was renamed Nine West Holdings and became parent to Nine West Group and One Jeanswear Group. [4] Later in 2014, Anne Klein, Easy Spirit and NW Jewelry Group were split into separate operating companies of Nine West. [5] In 2014, Brian Atwood was sold to Steve Madden. [6]
It followed a rather different timescale than the U.S. examples mentioned above, as it was founded in 1964 and ceased to be a conglomerate when it split itself into four separate listed companies between 1995 and 1997.
1917: Merck & Co. seized by the U.S. federal government during World War I under the Trading with the Enemy Act, later became a private company, separate from the original Merck Group operating in Germany. 1917: All U.S. railroads were operated (but not owned) by the Railroad Administration during World War I as a wartime measure.
The Visionware brand continued until 1995 when the company, now a business unit of SCO, was merged with IXI to form IXI Visionware, Ltd. [22] Later that year the merged business unit was subsumed more fully into its parent and became the Client Integration Division of SCO, which put out both sets of products under the "Vision" branded family ...