Remove 2001 Remove America Remove Leadership Remove Retail
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Bank of America and Countrywide. For financial giant Bank of America, the $4B acquisition of mortgage lender Countrywide in 2008 probably seemed like a natural way to grow the business. In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

It also owns 50 subsidiary companies that have 200 more subsidiaries themselves, including Geico (acquired in 1996), Dairy Queen (1997), and Fruit of the Loom (2001). You only find out who is swimming naked when the tide goes out.” ( 2001 ). America is not in decline—it’s becoming more and more efficient. Global economics.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. Demonstrating sales is a necessity for retail startups, especially those operating in the intensely competitive food vertical. The Outcome. Total Funding: $263M.

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