X-Nico

unusual facts about controlling interest



MAI Basic Four

In 1988, Wall Street financier Bennett S. LeBow, who had acquired a controlling interest in the company, used it as a platform for an unsuccessful attempted hostile takeover of much larger Prime Computer.


see also

1501 Broadway

Paramount president Adolph Zukor had acquired a controlling interest in the Chicago-based Balaban and Katz theater chain, and with it the services of Sam Katz, who became the head of Paramount's theater division.

1899 Baltimore Orioles season

After the 1898 season, Orioles owner Harry Von der Horst acquired a controlling interest in the Brooklyn Bridegrooms ballclub and moved most of his star players and manager Ned Hanlon over to the Brooklyn team.

B Communications

B Communications is a publicly traded holding company, headquartered in Israel, whose sole asset is a controlling interest in Israeli telecommunications provider Bezeq.

Bezeq

In April 2010, the controlling interest in Bezeq, held by the Apax-Saban-Arkin group, was sold to B Communications, a subsidiary of Shaul Elovitch's Eurocom Group, for $1.75 billion.

Boulton Carbon Company

In 1886, former Brush Electric Company Superintendent/General Manager Washington H. Lawrence led a group of investors (including Myron T. Herrick, James Parmelee and Webb Hayes) in buying a controlling interest in the Boulton Carbon Company.

Carter-Wallace

Henry Hamilton Hoyt, Sr., son-in-law of Charles; bought a controlling interest in the company.

CBKT-DT

On May 30, 1968, controlling interest in CHAB Ltd., owner of CHAB-AM-TV and CHRE, was transferred to Moffat Broadcasting, owner of Winnipeg's CTV affiliate, CJAY (channel 7, now CKY-DT).

Chicago Whales

When Kenesaw Mountain Landis brokered a deal between the Federal League, American League and National League that ended the Federal League's existence, Weeghman was allowed to buy controlling interest in the Cubs.

Continental Championship Wrestling

In 1988, WCOV-TV owner David Woods bought the controlling interest in the promotion from Ron Fuller, and he renamed it Continental Wrestling Federation in a further attempt to compete with Vince McMahon and appear to resemble a nationwide promotion, even to the point of getting an odd national TV deal with Financial News Network.

Dan Topping

MacPhail sold his share of the team to Topping and Webb in 1947, and the two sold controlling interest in the team to CBS in 1964, after which Topping remained as team president until 1966, when he sold his remaining stake in the Yankees.

Dataproducts

Initially known as Data Products, the company was founded by Erwin Tomash in 1962 in order to take controlling interest of Telex's Data Systems Division.

Don H. Barden

Only after Chicago billionaire Neil Bluhm of JMB Realty bought controlling interest in the project, did work continue.

Ed Acker

Shortly thereafter, Acker led a group of investors who purchased a controlling interest in Air Florida, a low-cost carrier which reminded Acker of his competition with Southwest in Texas.

Euphonix

Euphonix customer Yello's Dieter Meier eventually acquired a controlling interest in the company and then took it private.

George N. Gillett, Jr.

On August 6, 2007, Gillett bought a controlling interest of the NASCAR team Evernham Motorsports from founder Ray Evernham, thereby forming Gillett Evernham Motorsports.

Glassbox Television

On April 11, 2011, it was announced that Blue Ant Media, an upstart media company headed by former Alliance Atlantis executive Michael MacMillan, would acquire a controlling interest in Glassbox Television.

Hanshin Electric Railway

June 20, 2006: Hankyu Holdings, Inc. completed its purchase of a controlling interest in Hanshin in a transaction valued at about $2.2 billion.

Ilan Ben-Dov

Except importing Samsung cellular telephones, Suny was active in the Internet service, through its controlling interest in Internet portal Tapuz People Ltd, BlogTV and iCity.

Jerry McMorris

A limited partner in the ownership group that founded the Rockies in the early 1990s, he joined with meatpacking heirs Charlie and Dick Monfort to buy controlling interest in the team after original owner Mickey Monus was embroiled in an accounting scandal.

Joe Ricketts

In October 2009, the Ricketts family acquired a 95 percent controlling interest in Major League Baseball’s Chicago Cubs and Wrigley Field, as well as 20 percent of Comcast Sportsnet Chicago.

John A. McDougald

He was largely responsible for making it one of Canada's dominant business conglomerates that had controlling interest in Dominion Stores, Hollinger Mines, Massey Ferguson, Standard Broadcasting, Crown Trust Company and Domtar.

Lionel, LLC

Lionel changed hands again in 1995, when Kughn sold controlling interest in the company to an investment group that included Neil Young (a longtime fan of model trains and of this brand) and the holding company Wellspring Capital Management, which was headed by former Paramount Communications (formerly Gulf+Western) chairman Martin Davis (he had left the board of Viacom, which bought Paramount the previous year).

Ludwig Loewe

Loewe's armaments company was famous in that it held a controlling interest in Waffenfabrik Mauser so was able to reap financial success from the C96 pistol when Loewe's own Borchardt semi-automatic pistol, designed by employee Hugo Borchardt, was not selling well.

Major League Baseball on SportsChannel

In 1996, Wayne Huizenga purchased a 70% controlling interest in SportsChannel Florida from Rainbow Media (by that time, a joint venture between Cablevision and NBC).

Panda Energy International

In October 2002, Panda Energy purchased a controlling interest (72%) of the Nashville, Tennessee-based professional wrestling promotion Total Nonstop Action Wrestling from founder and CEO Jerry Jarrett.

Retail Ventures

Schottenstein Stores Corp. of Columbus, which held controlling interest of Retail Ventures, also held a stake in the 221-store DSW chain.

Robert Six

In 1981, Texas Air Corporation, controlled by airline industry entrepreneur Frank Lorenzo, acquired a controlling interest in Continental Airlines following a contentious battle for control with Continental's management, including Six and then-president Al Feldman, who were adamant in their resistance to Lorenzo.

Sir William McAlpine, 6th Baronet

After the efforts of Dr Peter Beet to preserve Carnforth LMS 10(A) shed, McAlpine bought shares in 1970, and then took the controlling interest from 1974 until 1987 in the visitor attraction that became Steamtown.

Stinson Model A

With posturing from both AOA and Australian National Airways (ANA) to cut into each other’s turf by late 1936, early efforts by ANA to gain a controlling interest in AOA failed, until the tragic losses of VH-UHH Brisbane in the McPherson Ranges on 19 February 1937 and VH-UGG Lismore on 28 March halved AOA’s main-line fleet.

Swan Hunter

Also in 1903 the Company took a controlling interest in the Wallsend Slipway & Engineering Company, which was an early licensed manufacturer of Parsons turbine engines, which enabled the Mauretania to achieve its great speed.

TCW Group

In 2001, Société Générale (SocGen) acquired a controlling interest in The TCW Group.

Toddle House

Shortly thereafter, Stedman was approached by a successful Memphis businessman named James Frederick "Fred" Smith, who was looking for a new investment since The Greyhound Corporation had bought a controlling interest in the Smith Motor Coach Company he founded 1931, and was renamed as the Dixie Greyhound Lines.

Tyneside Tramways and Tramroads Company

The Northern General Transport Company (a subsidiary of British Electric Traction took a controlling interest in the Tyneside Tramways and Tramroads Company in 1913.

William Mellis Christie

In October 1934, George Morrow and his brother Frederick K. Morrow owned the Christie, Brown Company, and had controlling interest in the Gold Dust Corporation, the American Linseed Company, the Standard Milling Company, the Ward Baking Company, United Cigar Stores Limited, and United Stores, Inc.

Yuli Ofer

In 1994 the Ofer Brothers were among the purchasers of the controlling interest in the Mizrahi Bank, and in 1999 the family purchased the Israel's largest holding company Israel Corporation and in addition acquired several properties from the Israeli government among them the Oil Refineries in Haifa, Israel Chemicals and Zim.