A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:
A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. (Full article...)
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Waterstones, formerly Waterstone's, is a British book retailer that operates 283 shops, mainly in the United Kingdom and also other nearby countries. As of February 2014, it employs around 3,500 staff in the UK and Europe. An average-sized Waterstones shop sells a range of approximately 30,000 individual books, as well as stationery and other related products.
Established in 1982 by Tim Waterstone, after whom the company was named, the bookseller expanded rapidly until being sold in 1993 to WHSmith. In 1998, Waterstones was bought by a consortium of Waterstone, EMI & Advent International. The company was taken under the umbrella of HMV Group, which later merged the Dillons and Ottakar's brands into the company. Following several poor sets of results for the group, HMV put the chain up for sale. In May 2011, it was announced that A&NN Capital Fund Management, owned by Russian billionaire Alexander Mamut, had bought the chain for £53.5m and appointed James Daunt as managing director. The company is incorporated in England & Wales as Waterstones Booksellers Ltd, with its registered office at 203–206 Piccadilly, London (which is also the location of its flagship shop). As well as the Waterstones brand, the company owns the London bookseller Hatchards, Irish shop Hodges Figgis, and reached an agreement to purchase Foyles in 2018. In April 2018, hedge fund Elliott Management Corporation bought a majority stake in the company. (Full article...)
Image 530 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
Image 8The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
In corporate finance, mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. 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.
From a legal point of view, a merger is a legal consolidation of two entities into one, whereas an acquisition occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a commercial and economic point of view, both types of transactions generally result in the consolidation of assets and liabilities under one entity, and the distinction between a "merger" and an "acquisition" is less clear. A transaction legally structured as an acquisition may have the effect of placing one party's business under the indirect ownership of the other party's shareholders, while a transaction legally structured as a merger may give each party's shareholders partial ownership and control of the combined enterprise. 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, while when the deal is unfriendly (that is, when the management of the target company opposes the deal) it may be regarded as an "acquisition". (Full article...)
According to Chen, the company focuses on creating video games that provoke emotional responses from players. He has stated that, while the company is not opposed to making action-oriented games, he believes that enough such titles are released by the established video game industry. When designing a game, Chen and Thatgamecompany's process is to start by mapping out what the game should make the player feel, rather than by establishing game mechanics. Chen has stated that the company does not plan to produce large, blockbuster titles, due to their belief that the pressure for high sales would stifle innovation. (Full article...)
SABIC was the world's fourth-largest chemical producer in 2013. It is currently the second-largest global ethylene glycol producer and is expected to top the list after the introduction of new projects. SABIC is the third-largest polyethylene manufacturer, the fourth-largest polyolefins manufacturer, and the fourth-largest polypropylene manufacturer. SABIC is also the world's largest producer of methyl tert-butyl ether, granular urea, polycarbonate, polyphenylene and polyether imide.
In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500,. By the end of 2018 SABIC was the world's 281th-largest corporation. In 2010, SABIC grew to be the second-largest diversified chemical company, or first when measured only by asset value. Measured over all its branches, it became (as of 2014) the world's 98th-largest corporation on the Forbes Global 2000 ranking (which lists only publicly traded companies), with sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. (Full article...)
...that the Hershey Creamery Company, founded in 1894 by five brothers from the Hershey family, has actually been owned and operated by the Holder family since the 1920s?
... that turbine manufacturer S. Morgan Smith Company made large gun lathes during World War I and large aircraft carrier, gun, and tank parts during World War II?
... that in the late 2000s the Campbell Soup Company began producing a spicier canned cheese sauce in their California and Texas plants than they did elsewhere to cater for different consumer tastes?
... that when the fireman's pole was invented at Chicago's Engine Company 21, other firefighters thought its use was crazy—until 21 started being the first crew to arrive at fires?
