Word: sales
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Dates: during 2000-2009
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...Group, a privately owned company started by a Chinese entrepreneur 17 years ago. Huiyuan, whose stock is traded on the Hong Kong exchange, is the largest producer of pure orange juice in the country, with over 40% of the market. Although Huiyuan's founders and major shareholders endorsed the sale, the government blocked it on antitrust grounds, arguing that the acquisition would have hurt small orange-juice producers in China and led to higher prices for consumers...
...Beijing was plainly taking into account considerations other than market share. Huiyuan is a high-profile national brand, and its sale to Coke had become a hobbyhorse for nationalists who often dominate popular Internet chat rooms in China. Zhu Xingli, founder and CEO of Huiyuan, famously said that he had "raised the company like a son" but was "selling it like a pig" - that is, at the market, for the highest price available. Blogger Zhang Xianfeng retorted, "The problem with selling to a multinational company is that it's no longer Chinese deciding which part...
...don’t know where the genesis for the idea came from but we ended up taking our plant from PBHA sale at the beginning of the year and brought it down to the Weeks foot bridge, doused it in Jack Daniels and lit it on fire and dumped it over the edge of the bridge and hoped for the river,” said Abely. An original incantation was read facing Leverett House. The blocking group ended up in a Leverett suite overlooking the river...
...even clear how Geithner would run such a complicated sale. Previously he talked about using an auction or a reverse auction (in which sellers bid prices lower to attract buyers). Now Administration officials say they may just expand a new program run by the Federal Reserve. That program, the Term Asset-Backed Securities Loan Facility (TALF), is designed to spur consumer lending by stimulating sales of securitized consumer loans. The New York Federal Reserve has had to extend the application period because of market qualms, though Talbott says interest is building...
...world has changed for print media. On Jan. 9, the Hearst Corp. announced that the financially strapped paper was for sale. If no buyer could be found within 60 days, the paper would be forced to close its doors or produce a Web-only version with a fraction of its staff. The P-I's demise is a sign of the times, coming in the wake of the Feb. 27 closure of Denver's Rocky Mountain News weeks short of its 150th anniversary, while the San Francisco Chronicle, another Hearst paper, has been put on notice that its days...