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Oriental Trading Company is a direct merchant of value-priced party supplies, arts and crafts, toys, novelties, and school supplies. [5] It was founded in 1932 as a wholesaling company. It is based in Omaha, Nebraska, and is owned by Berkshire Hathaway. [6] [7] Alternative known names for Oriental Trading Company include "Oriental Trading" & "OTC".
Oriental Trading Company: Toy Party Craft 100% 2012/11/02 [61] PacifiCorp: Electric Distribution 92% 2005 $9.4 billion [62] A subsidiary of Berkshire Hathaway Energy: Pampered Chef [63] Food and Beverage 100% 2002/09/23 Pilot Flying J: Retail, Food and Beverage, Petroleum 100% 2017/10/03 [64]
Terrance Watanabe is an American businessman and high roller who inherited Oriental Trading Company, a direct merchant of value-priced party supplies, arts and crafts, toys and novelties and school supplies founded by his father Harry Watanabe.
Nov 2 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) is to buy direct marketing toy and party supplies merchant Oriental Trading Co for $500 million, the Wall Street Journal ...
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
Stock clearance is an activity by a company where ownership of products and materials moves on to another legal entity. These products and materials in stock clearance will not form the basis of a company's key activities. As such, they are often end-of-line, surplus, returned, or bankrupt.