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Andrews Group
MacAndrews & Forbes Incorporated is an American diversified holding company wholly owned by billionaire investor Ronald Perelman. Current investments include leading participants across a wide range of industries, from cosmetics and entertainment to biotechnology and military equipment. The principal interests of MacAndrews & Forbes include AM General, Harland Clarke, Merisant, RetailMeNot, Revlon, Scantron, Scientific Games Corporation, SIGA Technologies, Valassis and vTv Therapeutics. History Group MacAndrews & Forbes & Co. was founded in 1850 by Edward MacAndrews and William Forbes, a distributor of licorice extract and chocolate. In 1978, Perelman purchased a 40% stake in Cohen-Hatfield Jewelers, and in 1980, Perelman, through Cohen-Hatfield Jewelers, bought MacAndrews & Forbes & Co. Through the purchase, Cohen-Hatfield Jewelers was merged into what became MacAndrews & Forbes Group Inc. Holdings In 1983, Perelman formed MacAndrews & Forbes Holdings, Inc. Perelman started ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Technicolor
Technicolor is a family of Color motion picture film, color motion picture processes. The first version, Process 1, was introduced in 1916, and improved versions followed over several decades. Definitive Technicolor movies using three black-and-white films running through a special camera (3-strip Technicolor or Process 4) started in the early 1930s and continued through to the mid-1950s, when the 3-strip camera was replaced by a standard camera loaded with single-strip "monopack" color negative film. Technicolor Laboratories were still able to produce Technicolor prints by creating three black-and-white matrices from the Eastmancolor negative (Process 5). Process 4 was the second major color process, after Britain's Kinemacolor (used between 1909 and 1915), and the most widely used color process in Cinema of the United States, Hollywood during the Golden Age of Hollywood. Technicolor's #Process 4: Development and introduction, three-color process became known and cele ...
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Michael Milken
Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for High-yield debt, high-yield bonds ("junk bonds"), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time. With a net worth of 6 billion as of 2022, he is among the richest people in the world. Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. In a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million) and permanently barred from the securities industry by the U.S. Securities and Exch ...
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Pantry Pride
Food Fair, also known by its successor name Pantry Pride, was a large supermarket chain in the United States. It was founded by Samuel N. Friedland, and his brother George I. Friedland who opened the first store (as Reading Giant Quality Price Cutter) in Harrisburg, Pennsylvania, in the late 1920s. As of 1957, Food Fair had 275 stores, and at its peak, the chain had more than 500 stores. Friedland's family retained control of the firm through 1978, when the chain entered bankruptcy. History Origins Samuel Friedland and his brother George Friedland opened his first "Reading Giant Quality Price Cutter" supermarket in the 1920s. The success of the first store led to the opening of more stores. In the late 1940s came the introduction of the name ''Food Fair''. In 1958, Food Fair purchased Setzer's Supermarkets, a 38-store chain in the Jacksonville, Florida, area. In 1961, Food Fair bought J.M. Fields Department Stores, a chain of discount department stores in New England. The l ...
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High-yield Debt
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events but offer higher yields than investment-grade bonds to compensate for the increased risk. As of 2024, high-yield bonds have a higher yield than U.S. Treasury securities. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner.:208 The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 198 ...
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The Daily Pennsylvanian
''The Daily Pennsylvanian, Inc.'' is the independent student media organization of the University of Pennsylvania. The DP, Inc. publishes ''The Daily Pennsylvanian'' newspaper, ''34th Street'' magazine, and ''Under the Button'' satirical publication'','' as well as four newsletters: Daybreak, The Toast, Quaker Nation, and Penn, Unbuttoned. The Daily Pennsylvanian is published in print once per week when the university is in session, by a staff of more than 400 students. Content is also published online on a daily basis. ''34th Street Magazine'', an arts and culture magazine, which is published once a month in print, and '' Under the Button'', a satirical publication, also regularly publish content online. The organization operates three principal websites: thedp.com, 34st.com, and underthebutton.com. It has received various collegiate journalism awards. History ''The Daily Pennsylvanian'' was founded in 1885 as a successor to the ''University Magazine'', a publication by th ...
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New World Pictures
New World Pictures (also known as New World Entertainment, New World Communications Group, Inc., and New World International) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 1970 by Roger Corman and Gene Corman as New World Pictures, Ltd., a producer and distributor of motion pictures, eventually expanding into television production in 1984. New World eventually expanded into broadcasting with the acquisition of seven television stations in 1993, with the broadcasting unit expanding through additional purchases made during 1994. 20th Century Fox (then solely-owned by News Corporation), controlled by Rupert Murdoch, became a major investor in 1994 and purchased the company outright in 1997; the alliance with Murdoch, specifically through a group affiliation agreement with New World reached between the two companies in May 1994, helped to cement the Fox network as the fourth major U.S ...
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Golden Parachute
A golden parachute is an agreement between a company and an employee (usually an upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. These may include severance pay, cash bonuses, stock options, or other benefits. Most definitions specify the employment termination is as a result of a merger or takeover,golden parachute
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golden parachute
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Four Star Television
Four Star Television, also called Four Star International, was an American television production company. Founded in 1952 as Four Star Productions by prominent Hollywood actors Dick Powell, David Niven, Charles Boyer and Joel McCrea, it was inspired by Lucille Ball and Desi Arnaz founding Desilu Productions a year earlier. McCrea left soon after its founding to continue in films, television and radio, and was replaced by Ida Lupino as the fourth star—although Lupino did not own stock in the company. Four Star produced several popular programs in the early days of television, including '' Four Star Playhouse'' (its first series), '' Dick Powell's Zane Grey Theatre'', '' Stagecoach West'', '' The June Allyson Show'' (also known as ''The DuPont Show Starring June Allyson''), '' The Dick Powell Show'', '' Burke's Law'', '' The Rogues'' and '' The Big Valley''. Despite its stars sharing equal billing, Powell played the biggest role in the company's early success and growth. P ...
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Four Star International
Four Star Television, also called Four Star International, was an American television production company. Founded in 1952 as Four Star Productions by prominent Hollywood actors Dick Powell, David Niven, Charles Boyer and Joel McCrea, it was inspired by Lucille Ball and Desi Arnaz founding Desilu Productions a year earlier. McCrea left soon after its founding to continue in films, television and radio, and was replaced by Ida Lupino as the fourth star—although Lupino did not own stock in the company. Four Star produced several popular programs in the early days of television, including ''Four Star Playhouse'' (its first series), ''Dick Powell's Zane Grey Theatre'', ''Stagecoach West'', ''The June Allyson Show'' (also known as ''The DuPont Show Starring June Allyson''), ''The Dick Powell Show'', '' Burke's Law'', '' The Rogues'' and ''The Big Valley''. Despite its stars sharing equal billing, Powell played the biggest role in the company's early success and growth. Powell became ...
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Compact Video
Four Star Television, also called Four Star International, was an American television production company. Founded in 1952 as Four Star Productions by prominent Hollywood actors Dick Powell, David Niven, Charles Boyer and Joel McCrea, it was inspired by Lucille Ball and Desi Arnaz founding Desilu Productions a year earlier. McCrea left soon after its founding to continue in films, television and radio, and was replaced by Ida Lupino as the fourth star—although Lupino did not own stock in the company. Four Star produced several popular programs in the early days of television, including '' Four Star Playhouse'' (its first series), '' Dick Powell's Zane Grey Theatre'', '' Stagecoach West'', '' The June Allyson Show'' (also known as ''The DuPont Show Starring June Allyson''), '' The Dick Powell Show'', '' Burke's Law'', '' The Rogues'' and '' The Big Valley''. Despite its stars sharing equal billing, Powell played the biggest role in the company's early success and growth. ...
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Carlton Communications
Carlton Communications plc was a British media company. It was led by Michael P. Green and listed on the London Stock Exchange from 1983 until 2 February 2004, when it was bought by Granada plc in a corporate takeover to form ITV plc. Carlton shareholders gained approximately 32% of ITV plc. As well as being the parent company of Carlton Television Limited it was also involved in several other media and broadcasting businesses and was a constituent of the FTSE 100 Index. History Founding In 1967 Michael Green established a printing and photo-processing company, ''Tangent Industries'', with his brother-in-law and his father-in-law (the future Lord Wolfson). In 1982, Green bought Transvideo, renaming the company ''Carlton Television Studios''. A year later the name was changed to Carlton Communications when the company went public. Soon after, the Moving Picture Company (MPC), Europe's largest video facilities provider, joined Carlton in a joint venture to acquire the UK subs ...
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