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List Of Largest Mergers And Acquisitions
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. , the largest ever acquisition was the 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($ billion adjusted for inflation). AT&T appears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the transaction was initiated, not necessarily completed. Mergers are shown as the market value of the combined entities. Free market enterprises 1870s Top M&A deal worldwide by value from 1870 to 1879: 1900s Top 3 M&A deals worldwide by value from 1900 to 1909: 1910s Top 3 M&A deals worldwide by value from 1910 to 1919: 1920s Top 5 M&A deals worldwide by value from 1920 to 1929: 1930s Top 5 M&A deals worldwide by value from 1930 to 1939: 1940s Top 5 M&A deals worldwide b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Associated Dry Goods
Associated Dry Goods Corporation (ADG) was a chain of department stores that merged with May Department Stores in 1986. It was founded in 1916 as an association of independent stores called American Dry Goods, based in New York City. History The chain began when Henry Siegel, who had founded department store Siegel, Cooper & Co. in Chicago, obtained financing from Goldman Sachs for a store in New York City in the early twentieth century. Though Siegel failed in his endeavor, the remnants of the chain were merged with John Claflin's stores H.B. Claflin & Company, along with Lord & Taylor, Stewart & Co., Hengerer's, and J. N. Adam & Co. (with financing from J. P. Morgan & Company), to create Associated Dry Goods. Other stores were spun off to Mercantile Stores Co. Through the 1950s, 1960s and 1970s ADG continued to expand through acquisitions. In the 1970s, they created a new St. Petersburg, Florida-based department store, Robinson's of Florida. However, ADG was most well ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pan American Airways
Pan American World Airways, originally founded as Pan American Airways and commonly known as Pan Am, was an American airline that was the principal and largest international air carrier and unofficial overseas flag carrier of the United States for much of the 20th century. It was the first airline to fly worldwide and pioneered numerous innovations of the modern airline industry such as jumbo jets, and computerized reservation systems. Until its dissolution in 1991, Pan Am "epitomized the luxury and glamour of intercontinental travel", and it remains a cultural icon of the 20th century, identified by its blue globe logo ("The Blue Meatball"), the use of the word " Clipper" in its aircraft names and call signs, and the white uniform caps of its pilots. Founded in 1927 by two former U.S. Army Air Corps majors, Pan Am began as a scheduled airmail and passenger service flying between Key West, Florida, and Havana, Cuba. Under the leadership of American entrepreneur Juan Trippe, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sinclair Consolidated Oil Corporation
Sinclair Oil Corporation was an American petroleum corporation, founded by Harry F. Sinclair on May 1, 1916, the Sinclair Oil and Refining Corporation combined, amalgamated, the assets of 11 small petroleum companies. Originally a New York corporation, Sinclair Oil reincorporated in Wyoming in 1976. The corporation's logo featured the silhouette of a large green sauropod dinosaur, based on the then-common idea that oil deposits beneath the earth came from the dead bodies of dinosaurs. It was ranked on the list of largest privately owned American corporations. It owned and operated refineries, gas stations, hotels, a ski resort, and a cattle ranch. History Sinclair has long been a fixture on American roads with its dinosaur logo and mascot, a ''Brontosaurus''. 1916–1969 During September 1919, Harry Sinclair restructured Sinclair Oil and Refining Corporation, Sinclair Gulf Corporation, and 26 other related entities into Sinclair Consolidated Oil Corporation. In 1932, this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White Motor Company
The White Motor Company was an American automobile, truck, bus and agricultural tractor manufacturer from 1900 until 1980. The company also produced bicycles, roller skates, automatic lathes, and sewing machines. Before World War II, the company was based in Cleveland, Ohio. White Diesel Engine Division in Springfield, Ohio, manufactured diesel engine generators, which powered U.S. military equipment and infrastructure, namely Army Nike and Air Force Bomarc launch complexes, and other guided missile installations and proving grounds, sections of SAGE and DEW Line stations, radars, Combat Direction Centers and other ground facilities of the U.S. aerospace defense ring, such as the Texas Towers. During the Vietnam Era, the company retained its position within the Top 100 Defense Contractors list (it ranked 87th in the Fiscal Year 1965, 77th in 1967, 73rd in 1968, 89th in 1969). Its production facilities, such as the Lansing truck plant in Lansing, Michigan, and the main pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Studebaker Corporation
Studebaker was an American wagon and automobile manufacturer based in South Bend, Indiana, with a building at 1600 Broadway, Times Square, Midtown Manhattan, New York City. Founded in 1852 and incorporated in 1868 as the Studebaker Brothers Manufacturing Company, the firm was originally a coachbuilder, manufacturing wagons, buggies, carriages and harnesses. Studebaker entered the automotive business in 1902 with electric vehicles and in 1904 with gasoline vehicles, all sold under the name "Studebaker Automobile Company". Until 1911, its automotive division operated in partnership with the Garford Company of Elyria, Ohio, and after 1909 with the E-M-F Company and with the Flanders Automobile Company. The first gasoline automobiles to be fully manufactured by Studebaker were marketed in August 1912. Over the next 50 years, the company established a reputation for quality, durability and reliability. After an unsuccessful 1954 merger with Packard (the Studebaker-Packard Corpora ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bethlehem Steel
The Bethlehem Steel Corporation was an American steelmaking company headquartered in Bethlehem, Pennsylvania. For most of the 20th century, it was one of the world's largest steel producing and shipbuilding companies. At the height of its success and productivity, the company was a symbol of American manufacturing leadership in the world, and its decline and ultimate liquidation in the late 20th century is similarly cited as an example of America's diminished manufacturing leadership. From its founding in 1857 through its 2003 dissolution, Bethlehem Steel's headquarters and primary steel mill manufacturing facilities were based in Bethlehem, Pennsylvania in the Lehigh Valley region of the United States. The company's steel was used in the construction of many of America's largest and most famed structures. Among major buildings, Bethlehem produced steel for 28 Liberty Street, the Chrysler Building, the Empire State Building, Madison Square Garden, Rockefeller Center, and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Steel
Republic Steel is an American steel manufacturer that was once the country's third largest steel producer. It was founded as the Republic Iron and Steel Company in Youngstown, Ohio in 1899. After rising to prominence during the early 20th Century, Republic suffered heavy economic losses and was eventually bought out before re-emerging in the early 2000s as a subsidiary. The company currently manufactures Special Bar Quality (SBQ) steel bars and employs around 2,000 people. It is currently owned by Grupo Simec, based in Guadalajara, Mexico. Corporate history Origins and rise to prominence In 1927, Cyrus S. Eaton acquired and combined Republic with several other small steel companies, with the goal of becoming large enough to rival U.S. Steel. The newly named Republic Steel Corporation was headquartered in Cleveland, Ohio, and became America's third largest steel company, trailing only U.S. Steel and Bethlehem Steel after acquiring Bourne-Fuller Company and the Central Alloy S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Joaquin Light And Power Corporation
The San Joaquin Light and Power Corporation was a utility company that provided electricity to seven counties in the San Joaquin Valley of California. The company is one of several utilities acquired by the Pacific Gas and Electric Company during the 1920s and 1930s to form the modern PG&E system. History The company was first organized as the San Joaquin Electric Company on April 1, 1895, by engineer James Samuel Eastwood for the construction of the hydroelectric San Joaquin Powerhouse No. 1, located 37 miles from Fresno on Willow Creek, a tributary of the San Joaquin River. The company later became the San Joaquin Power Company in 1905 and then the San Joaquin Light and Power Corporation in 1910. By 1920, the company had 11 powerhouses. San Joaquin's early business was challenged by the competing Fresno Gas and Electric Company, controlled by Fulton G. Berry, owner of Fresno's Grand Central Hotel. Berry used riparian claims filed on water upstream from San Joaquin Electri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pacific Gas And Electric Company
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered in the Pacific Gas & Electric Building, in San Francisco, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines. Overseen by the California Public Utilities Commission, PG&E is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019. PG&E was established on October 10, 1905 from the merger and consolidation of predecessor utility companies, and by 1984 was the United States' "largest electric utility business". PG&E is one of six regulated, investor-owned electric utilities (IOUs) in California; the other five are PacifiCorp, Southern California Edison, San Diego Gas & Electric, Bear Valley Electric, and Liberty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Light And Traction
American Light and Traction was founded in 1900 for the purpose for consolidating the utility industry's small, local power suppliers. By 1901, American Light and Traction owned and controlled over 40 gas producing plants, electric light and traction (streetcar) properties. History * 1900 - founded by Emerson McMillin as president * 1935 - enactment of Public Utility Holding Act forced break-up of company due to antitrust provisions regulating integrated utility companies * 1938 - Michigan Consolidated Gas ( MichCon) formed * 1949 - Michigan Consolidated Gas, the Milwaukee Gas Company, the Michigan-Wisconsin Gas Company, the Austin Field Pipeline Company and the Milwaukee Solvay Company merge to become American Natural Gas Company * 1981 - MichCon becomes wholly owned subsidiary of Primark * 1988 - spun off * 2001 - merger with DTE Energy External links DTE Energy home pageMoney Harvest: Utility Holding Companies Are Threshing Ratepayers References {{DEFAULTSORT:American Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niagara Mohawk Power Corporation
Niagara Mohawk Power Corporation was a New York State utility company, which was acquired in 2000 by National Grid plc. The Niagara Mohawk Power Corporation designation was retired, using variations of NationalGridUS (such as National Grid Buffalo), though its official designation on annual reports is still Niagara Mohawk Power Corporation. In 1929, 59 former companies were incorporated into the Niagara Hudson Power Corporation. In 1932 an Art Deco-style headquarters building was constructed in Syracuse. It was the main electric and natural gas provider for a large swath of northeastern, central and western New York, including the Capital District, Syracuse, Buffalo and Niagara Falls. The statue on the front of the building is named “Spirit of Light” and was nicknamed “Iron Mike.” The company adopted the name Niagara Mohawk Power Corporation in 1950 after antitrust action required Niagara Hudson to forfeit some of their territory in the eastern part of the state. From ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
