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A. Alfred Taubman
Adolph Alfred "Al" Taubman (January 31, 1924 – April 17, 2015) was an American businessman, investor, and philanthropist. In 2002, he was convicted for a price-fixing scheme involving the top two auction houses in the United States. Early life and education Taubman was born in Pontiac, Michigan, on January 31, 1924, to Jewish immigrants Fannie Ester Blustin and Philip Taubman. His parents emigrated to the United States from Białystok, in northeastern Poland. His mother was his father's second cousin. Arriving up the Mississippi River by boat, Philip took a job with the Wilson Foundry Company in Davenport, Iowa and his sister Goldye (born 1913) and older brothers Sam (born 1915) and Lester (born 1920) were born in Davenport. His father transferred to Pontiac in 1920, became a fruit farmer, then began developing commercial real estate and custom homes and built the first synagogue in Pontiac. Taubman's parents lost everything in the Depression of the 1930s, and Taubman had t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pontiac, Michigan
Pontiac ( ') is a city in and the county seat of Oakland County, Michigan, Oakland County in the U.S. state of Michigan. Located roughly northwest of downtown Detroit, Pontiac is part of the Metro Detroit, Detroit metropolitan area, and is variously described as a satellite city or suburb of Detroit. As of the 2020 United States census, 2020 census, the city had a population of 61,606. Founded in 1818, Pontiac was the second European-American organized settlement in Michigan near Detroit, after Dearborn, Michigan, Dearborn. It was named after Pontiac (Ottawa leader), Pontiac, a war chief of the Ottawa people, Ottawa Tribe, who occupied the area before the European settlers. The city was best known for its General Motors automobile manufacturing plants of the 20th century, which were the basis of its economy and contributed to the wealth of the region. These included Fisher Body, Pontiac East Assembly (a.k.a. Truck & Coach/Bus), which manufactured GMC (automobile), GMC products, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thirteenth Air Force
The Thirteenth Expeditionary Air Force (13 EAF) is a provisional numbered air force of the United States Air Force Pacific Air Forces (PACAF). It is headquartered at Hickam Air Force Base, Joint Base Pearl Harbor–Hickam on the island of Oahu, Hawaii. It has never been stationed in the continental United States. The command plans, commands and controls, delivers, and assesses air, space, and information operations in the Asia-Pacific region—excluding the Korea theater of operations—across the security spectrum from peacetime engagement to major combat operations. Established on 14 December 1942 at Plaine Des Gaiacs Airfield, on New Caledonia, 13 AF was a United States Army Air Forces combat air force deployed to the Pacific War, Pacific Theater of World War II. It engaged in operations primarily in the South Pacific, attacking enemy forces in the Solomon Islands, Gilbert and Marshall Islands campaigns; Mariana and Palau Islands campaigns and the Philippines campaign (1944� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshall Cogan
Marshall S. Cogan (born 1937) is an American investor and entrepreneur and former financier and trader. Cogan was the founder of United Automotive Group, which he built into one of the largest retailers of cars and trucks in the U.S. As a private equity investor, Cogan acquired a number of businesses in the 1970s and 1980s. He was also a partner of Cogan, Berlind, Weill & Levitt an investment banking and brokerage firm that would be instrumental in the consolidation of the financial services industry in the 1970s. Early life and education Born to a Jewish family, Cogan graduated from Harvard College in 1959 and received his MBA from Harvard Business School. Cogan is also an alumnus and benefactor of the Boston Latin School having graduated in 1955. Career Early career Cogan started his career at CBS and worked at the investment firm, Orvis & Co., before joining the investment banking and brokerage firm of Carter, Berlind & Weill as an auto sector research analyst in 1964. Coga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hostile Takeover
In business, a takeover is the purchase of one company (law), company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the mergers and acquisitions, acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an tender offer, offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
White Knight (business)
In business, a white knight is a friendly investor that Takeover, acquires a corporation at a fair consideration with support from the corporation's board of directors and management. This may be during a period while it is facing a Hostile takeover, hostile acquisition from another potential acquirer (Black_knight#In_finance, black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. The first type, the white knight, refers to the friendly acquirer of a target firm in a takeover#Hostile, hostile takeover attempt by another firm. The intent of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sotheby's
Sotheby's ( ) is a British-founded multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine art, fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK. Sotheby's was established on 11 March 1744 in London by Samuel Baker, a bookseller. In 1767 the firm became Baker & Leigh, after George Leigh became a partner, and was renamed to Leigh and Sotheby in 1778 after Baker's death when his nephew, John Sotheby, inherited Leigh's share. Other former names include: Leigh, Sotheby and Wilkinson; Sotheby, Wilkinson and Hodge (1864–1924); Sotheby and Company (1924–83); Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co. The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. In June ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westfield America
Westfield Group was an Australian shopping centre company that existed from 1960 to 2014, when it split into two independent companies: Scentre Group, which owns and operates the Australian and New Zealand Westfield shopping centre portfolio; and Westfield Corporation, which continued to own and operate the American and European centre portfolio. Westfield Group undertook ownership, development, design, construction, funds/asset management, property management, leasing, and marketing activities. The multinational company was listed on the Australian Securities Exchange and had interests in and operated one of the world's largest shopping centre portfolios with investment interests in 103 shopping centres across Australia, the United States, the Netherlands, the United Kingdom, New Zealand, Italy, France, Sweden, Austria, Germany, Croatia, Poland, Czech Republic and Brazil, encompassing around 23,000 retail outlets and total assets under management in excess of A$63 billion. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Property Group
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties as of 2021. History 20th century Simon Property Group dates to 1960, when brothers Melvin Simon and Herbert Simon (real estate), Herbert Simon began developing strip malls in Indianapolis, Indiana. In December 1993, they took their interests public as Simon Property Group in the largest initial public offering of a real estate investment trust to date. Simon Property merged with the newly public DeBartolo Realty Corporation, owner of the real estate assets of Edward J. DeBartolo Sr., in 1996 to form Simon DeBartolo Group. In the following year, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. Also in 1997, in partnership with Macerich, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taubman Centers
Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020. History The company was founded in 1950 by A. Alfred Taubman. In 1953, it opened its first shopping center, North Flint Plaza, in Flint, Michigan. In 1964, the company opened its first enclosed mall, Southland Mall, in Hayward, California. In 1973, the company was incorporated as Taubman Centers, Inc. In 1987, the company sold Southridge Mall, in Milwaukee County, Wisconsin. In 1992, the company became a public company via an initial public offering. In 1997, the company sold Queens Center to Macerich. In 1998, the company sold The Mall at Tuttle Crossing, Hilltop Mall, Marley Station, Meadowood Mall, Lakeforest Mall, Briarwood Mall, Stoneridge Shopping Center, The Falls Mall, and Columbus City Center to GM Pension Trust. The company continued to manage the prop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes 400
The ''Forbes'' 400 or 400 Richest Americans is a list published by ''Forbes'' magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is published annually around September. Peter W. Bernstein and Annalyn Swan describe the ''Forbes'' 400 as capturing "a period of extraordinary individual and entrepreneurial energy, a time unlike the extended postwar years, from 1945 to 1982, when American society emphasized the power of corporations." Bernstein and Swan also describe it as representing "a powerful argument – and sometimes a dream – about the social value of wealth in contemporary America."Bernstein, Peter W., and Annalyn Swan, eds''All the Money in the World: How the Forbes 400 Make – and Spend – Their Fortunes'' New York: Alfred A. Knopf, 2007. . p. 4. Print. Accessed 14 January 2021. Since 2014, ''Forbes'' has published a "self-made score" alongside the list, ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mall At Short Hills
The Mall at Short Hills, also known as the Short Hills Mall, is a shopping mall located in the Short Hills section of Millburn, New Jersey, United States near the interchange of Route 24, JFK Parkway (CR 649), and Route 124. It is located west of Newark Airport and west of the New York City borough of Manhattan. The mall is situated near affluent communities in neighboring Morris and Union counties along the Passaic River. The mall features Macy's, Nordstrom, Bloomingdale's, and Neiman Marcus. The mall has 150 specialty stores and restaurants. Over 40 boutiques have their only New Jersey location at the mall. History Throughout the first half of the 20th century, the suburban community grew quickly, and local residents desired quality shopping within their local setting. Their vision began to take shape in 1949 when the Prudential Insurance Company of America acquired a large tract of land where The Mall at Short Hills and part of the Canoe Brook Country Club now sit. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
