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MGM proceeded to return to theatrical distribution in 1981 with its purchase of United Artists (UA), as UA's parent company Transamerica Corporation decided to jettison the studio following the huge financial debacle of Heaven's Gate (1980); [17] [20] [page needed] after this acquisition, Metro-Goldwyn-Mayer Film Co. was renamed "MGM/UA ...
In 1957, the company moved into a new building at 650 Madison Avenue in Manhattan. In 1958, to diversify, the company acquired Picker X-Ray Corporation, maker of X-ray and radiation equipment, for $1.9 million. [3] In 1960, Walter Lundell succeeded Dietz as president of the company. In 1964, it acquired Gibson Greeting Cards for $36 million. [4]
The company declared bankruptcy in 1997, after which time, the company became owned by its largest creditor, J.P. Morgan & Co. [2] In 2007, Safelite was acquired by Luxembourg based Belron , which is in turn owned by the D'Ieteren group, [ 3 ] Belron is the world's largest vehicle glass company, providing service in over 32 countries.
On February 7, 2023, Hudson Bay Capital Management and several other investors arranged a public stock offering to raise over $1 billion to help the company avoid bankruptcy. [63] [64] [65] On February 10, 2023, it was revealed the company would shutter its Canadian division, closing all 54 Bed Bath & Beyond and 11 Buy Buy Baby stores in Canada.
Specialized Bicycle Components, Inc., colloquially known as and stylized as SPECIALIZED, is an American company that designs, manufactures and markets bicycles, bicycle components and related products under the brand name "Specialized", as well as the premium and professional oriented "S-works".
The parent company Fresh Acquisitions, LLC and Buffets LLC filed bankruptcy again. In bankruptcy its IP was sold as a combination with other IP's. The new owners indicated they were uninterested in reopening any stores after acquiring the brand making the restaurant now non-existent.
Frontier Communications Parent, Inc. is an American telecommunications company. [6] Known as Citizens Utilities Company until 2000, [7] Citizens Communications Company until 2008, [8] and Frontier Communications Corporation until 2020, [6] as a communications provider [9] with a fiber-optic network [10] and cloud-based services, [11] Frontier offers broadband internet, digital television, and ...
Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group, and partnered with Allen Media Group.The company operates Bally Sports, a group of regional sports channels that was formerly known as the Fox Sports Networks.