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Heyman Fellowship
Samuel J. Heyman (March 1, 1939 – November 7, 2009) was an American businessman and hedge fund manager best known for his longtime chairmanship of the GAF Materials Corporation and International Specialty Products Inc. (ISP). Early life and education Heyman was born to a American Jews, Jewish family in Danbury, Connecticut, to Lazarus and Annette Heyman. His father was a real estate developer. As an undergraduate at Yale College, Heyman was a regionally ranked varsity tennis player and member of Phi Beta Kappa. After graduating from Yale in 1960, he attended Harvard Law School, graduating in 1963. After graduation, he became an attorney for the US Department of Justice during the Kennedy Administration, rising to become Chief Assistant United States Attorney for Connecticut. In 1968, after the death of his father, he took over his family's Connecticut-based real estate firm, Heyman Properties. Business career In late 1982, Heyman, by then a savvy risk arbitrage investo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danbury, Connecticut
Danbury ( ) is a city in Fairfield County, Connecticut, United States, located approximately northeast of New York City. Danbury's population as of 2020 was 86,518. It is the third-largest city in Western Connecticut, and the seventh-largest city in Connecticut. Located within the heart of the Housatonic Valley region, the city is a historic commercial hub of western Connecticut, home to many commuters and summer residents from the New York metropolitan area and New England. Danbury is nicknamed the "Hat City", because it was once the center of the American hat industry, during the nineteenth and early twentieth centuries. The mineral danburite is named after Danbury, while the city itself is named for Danbury in Essex, England. Danbury is home to Danbury Hospital, Western Connecticut State University, Danbury Fair Mall, and Danbury Municipal Airport. History Danbury was settled by colonists in 1685, when eight families moved from what are now Norwalk and Stam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Borg-Warner
BorgWarner Inc. is an American automotive and e-mobility supplier headquartered in Auburn Hills, Michigan. As of 2023, the company maintains production facilities and sites at 92 locations in 24 countries, and generates revenues of US$14.2 billion, while employing around 39,900 people. The company is one of the 25 largest automotive suppliers in the world. History Early history Borg-Warner Corporation was formed out of several disparate manufacturers in the United States and abroad in 1928: Morse Equalizing Spring Company (industrial producer of automotive timing chains), Borg & Beck, Marvel-Schebler, Long Manufacturing (manufacturer of automobile radiators), Warner Gear (producer of manual transmissions) and Mechanics Universal Joint (producer of transmissions). Morse Equalizing Spring Company was the oldest forerunner, founded in 1880. 1930–1950: Business development and innovations In the next decade, Warner Gear was one of the first automotive suppliers to de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian
''The Australian'', with its Saturday edition ''The Weekend Australian'', is a broadsheet daily newspaper published by News Corp Australia since 14 July 1964. As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Mitchell, Chris (9 March 2006)The Media Report. Australian Broadcasting Company. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's chairman and founder is Rupert Murdoch. ''The Australian'' integrates content from overseas newspapers owned by News Corp Australia's international parent News Corp, including ''The Wall Street Journal'' and ''The Times'' of London. History The first edition of ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Age
''The Age'' is a daily newspaper in Melbourne, Australia, that has been published since 1854. Owned and published by Nine Entertainment, ''The Age'' primarily serves Victoria (Australia), Victoria, but copies also sell in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales. It is delivered both in print and digital formats. The newspaper shares some articles with its sister paper ''The Sydney Morning Herald''. ''The Age'' is considered a newspaper of record for Australia, and has variously been known for its investigative reporting, with its journalists having won dozens of Walkley Awards, Australia's most prestigious journalism prize. , ''The Age'' had a monthly readership of 5.4 million. , this had fallen to 4.55 million. History Foundation ''The Age'' was founded by three Melbourne businessmen: brothers John and Henry Cooke (who had arrived from New Zealand in the 1840s) and Walter Powell. The first editi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qantas
Qantas ( ), formally Qantas Airways Limited, is the flag carrier of Australia, and the largest airline by fleet size, international flights, and international destinations in Australia and List of largest airlines in Oceania, Oceania. A founding member of the Oneworld airline alliance, it is the only airline in the world that flies to all Seven Continents, seven continents, with it operating flights to Africa, Antarctica, Asia, Europe, North America and South America from its hubs in Sydney, Perth, Melbourne, and Brisbane. It also flies to over 60 domestic destinations across Australia. Qantas is List of airlines by foundation date, the world's third-oldest airline by foundation date and the oldest airline in the English-speaking world — being founded in November 1920. ''Qantas'' is an Acronym and initialism, acronym of the airline's original name, Queensland and Northern Territory Aerial Services, as it originally served Queensland and the Northern Territory. It is popularly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airline Partners Australia
Airline Partners Australia (APA) is a consortium that made a A$5.45 per share takeover offer for Australian airline Qantas in December 2006. The takeover offer received the endorsement of the Qantas board in the absence of a better offer, however the proposed takeover failed to gain the required level of shareholder support, despite the extension of deadlines and reduction in requirements for acceptance. Company information The consortium, comprising Texas Pacific Group, Macquarie Bank, Allco Finance Group, Allco Equity Partners and Onex Corporation, was structured to comply with strict Australian ownership laws for Qantas (which must be at least 51% owned by Australians). Takeover bid The initial proposal at $5.50 per share was rejected. The revised proposal followed negotiations with APA since the Board's rejection of its initial proposal. These negotiations resulted in the removal of unacceptable conditions and a substantial break fee as well as an increase in the price from ... [...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] |
Hercules Corporation
Hercules, Inc. was a chemical and munitions manufacturing company based in Wilmington, Delaware, United States, incorporated in 1912 as the Hercules Powder Company following the breakup of the DuPont explosives monopoly by the U.S. Circuit Court in 1911. Hercules Powder Company became Hercules, Inc. in 1966, operating under this name until 2008, when it was merged into Ashland Inc. An earlier Hercules Powder Company was formed in 1882 by DuPont and Laflin & Rand Powder Company. This company was dissolved on June 30, 1904. Hercules was one of the major producers of smokeless powder for warfare in the United States during the 20th century. At the time of its spin-off, the DuPont Corp. retained the processes and patents for the production of "single-base" nitrocellulose gunpowders, whereas Hercules was given the patents and processes for the production of "double-base" gunpowders that combined nitrocellulose and nitroglycerine. History A special formulation of dynamite was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Technologies (Thermo Fisher Scientific)
Life Technologies Corporation was a biotech company founded in November 2008 through a US $6.7 billion merger of Invitrogen Corporation and Applied Biosystems Inc. The joint sales of the combined companies were about $3.5 billion; they had about 9,500 employees and owned more than 3,600 licenses and patents. Company name The name "Life Technologies" was an old name from the history of Invitrogen. GIBCO (Grand Island Biological Company) had been founded around 1960 in New York; in 1983 GIBCO merged with a reagent company called Bethesda Research Laboratories (BRL) and the merged company was named Life Technologies. In 2000, Invitrogen acquired Life Technologies and discontinued that name. When Invitrogen and Applied Biosystems merged, the companies revived the name. The use of the "Life Technologies" brand name is disputed. Life Technologies (India) Private Limited, a company founded in 2002, operating in this corporate name claims ownership of the brand name. The "Life Techno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of the acquired company are often used as collateral for the financing, along with any equity contributed by the acquiror. While corporate acquisitions often employ leverage to finance the purchase of the target, the term "leveraged buyout" is typically only employed when the acquiror is a financial sponsor (a private equity investment firm). The use of debt, which normally has a lower cost of capital than Equity (finance), equity, serves to reduce the overall cost of financing for the acquisition and enhance returns for the private equity investor. The equity investor can increase their projected returns by employing more leverage, creating incentives to maximize the proportion of debt relative to equity (i.e., debt-to-equity ratio). Whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
