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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 ]
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 .
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]
In October 1899, John Barbey and a group of investors established the company as Reading Glove and Mitten Manufacturing Company (or simply The Reading Glove) in Reading, Pennsylvania. [ 6 ] [ 7 ] Incorporated on December 4 later that year, they began with $11,000 in a 320-square-foot (30 m 2 ) factory that was leased for $60/month.
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 ...
After the addition of the "new building" in 1949, the Jordan Marsh Complex was split into four distinct units; the 1949 new store, the original main store, annex, and bristol building. The Boston Redevelopment Authority estimated the complex's total retail space at 1,700,000 sq ft (160,000 m 2), which made it the largest retail venue in Boston ...
The company has in recent years focused on its global snacking portfolio, as sales of U.S. cereals have declined with more Americans taking to snacking and relying on fast-food chains for breakfast.