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Gulf and Western Industries, Inc. (stylized as Gulf+Western) was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s.
Market Value: $4.817 billion. Stock Index: New York. Company History: After years of conducting operations in everything from auto parts to zinc, Gulf & Western has recently narrowed its focus. Today, its primary businesses are in entertainment, financial services, and consumer products.
Paramount was a former subsidiary of Gulf and Western Industries, which Bluhdorn purchased in 1956 when it was called the Michigan Plating and Stamping Company. By 1966, Bluhdorn had grown Gulf and Western to revenues estimated at $182 million; that year it ranked 346th in the Fortune 500 list.
Gulf and Western Industries, Inc. was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s.
Feb 11, 2023 · Learn about Gulf and Western Industries, also referred to as simply Gulf+Western. Explore its components, including Paramount, and Gulf & Western company's history. Updated: 02/11/2023.
- Charles Bluhdorn was the CEO of Gulf and Western from 1959 until his death in 1983. Bluhdorn founded Gulf and Western Industries (Gulf+Western) wit...
- Gulf and Western sold Paramount Pictures to Viacom in 1994. The deal was valued at $10 billion, making it the largest corporate merger of its time....
- Gulf and Western Industries is no longer a major conglomerate in today's business wold. Gulf and Western was acquired by Viacom in 1994.
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Gulf+Western ou Gulf and Western Industries, Inc. était un conglomérat d'entreprises américaines, fondé en 1934 et disparu en 1994, absorbé par Viacom. Son activité s'étendait du marché du textile, au divertissement et aux médias.