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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 ]
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]
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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On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Channel 10, PopTV, Simon and ...
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.
Johnson & Johnson plans to split into two companies, separating its consumer health division that sells Band-Aids and Baby Powder from its pharmaceuticals and medical devices business in the ...
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]