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a The Atlanta Braves sale in 2007 to Liberty Media was part of a complex swap of cash, stock, magazine holdings, and the Braves, in which Time Warner sent the Braves, a hobbyist publishing company, and $980,000,000 to Liberty in exchange for approximately 68.5 million shares of Time Warner stock, at the time worth $1.48 billion.
The Chicago Stags, the Indianapolis Olympians, the Cleveland Rebels, the Packers, and the Red Skins qualified for the playoffs in every year they were active in the league. Among cities that have hosted defunct NBA franchises, Chicago, Cleveland, Denver, Detroit, Indianapolis, Toronto, and Washington, D.C. all currently have an NBA team, while ...
The majority of the locations of international fast-food restaurant chain Burger King are privately owned franchises. While the majority of franchisees are smaller operations, several have grown into major corporations in their own right. At the end of the company's fiscal year in 2015, Burger King reported it had more than 15,000 outlets in 84 ...
Franchising. Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. [1]
The NFL forbids corporations, religious groups, governments, and non-profit organizations from owning stakes in teams. [38] The NFL requires a controlling owner to hold at minimum a 30% stake in the team and forbids ownership groups of over 24 people, or any publicly traded corporations from purchasing NFL teams; one team, the Green Bay Packers, is exempt from this under a grandfather clause ...
The potential of adding additional franchises in Canada had been an ongoing source of controversy for the NHL in recent years as numerous groups proposed expanding the league into a new Canadian city, or purchasing a struggling American franchise and relocating it north; to a certain extent, these issues continue even after the Atlanta Thrashers relocated to Winnipeg, becoming the country's ...