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31%  
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Keyword: defunctbusinesses

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  • IBM to acquire software company Red Hat for $34 billion

    10/28/2018 4:02:03 PM PDT · by Java4Jay · 82 replies
    IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services.
  • 10 Brand Names Gone, But Not Forgotten

    08/19/2011 8:16:03 AM PDT · by US Navy Vet · 119 replies
    The Street via Yahoo! Finance ^ | August 16, 2011 | by Joe Mont
    Old brands never die — they just fade away until someone figures a way to capitalize on the nostalgia for them. From candy to retailers, even the biggest names can fall out of favor. Some disappear forever while others just become harder to find. Eventually — if enough folks start playing "remember when?" — someone will take notice and try to cash in. Remember Narragansett Beer? Rhode Island-based Narragansett Brewing opened for business in 1890. In 1981, the original Cranston brewery was closed and due to poor management by Falstaff (which had bought the brand in 1965) andproduction came to...