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The company filed for Chapter 11 bankruptcy in 2002. In 2003, Trans World Entertainment purchased the remaining 148 Wherehouse stores for $41 million (~$65.1 million in 2023) in cash and assumed liabilities while closing 35 under-performing stores. [ 11 ]
Shamrock Holdings Inc. (SHI) was founded in 1978 as an investment company by Roy E. Disney. [2] [3] Shamrock then started buying television and radio stations. In the mid-1980s, SH moved into other industries. [4] According to Reuters, in 1984 Shamrock held 1,428,061 (or just over 4%) of all Disney stock. [5]
The Motley Fool 20 minutes ago Is It Finally Time to Give Up on UPS After the High-Yield Dividend Stock Crashed to a 4-Year Low? United Parcel Service (NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and full-year 2024 results.
Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 neared an all-time high close of 4,796.56 on Wednesday but couldn't ...
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Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel…
Sam Goody is a music and entertainment retailer in the United States and United Kingdom, operated by The Musicland Group, Inc. It was purchased by Best Buy in 2000, was sold to Sun Capital Partners in 2003, and filed for bankruptcy in 2006, closing most of its stores.