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Gulf and Western Industries was an American conglomerate that owned entertainment and publishing companies such as Paramount Pictures, Desilu, and Simon & Schuster. It was founded in 1934 as a manufacturer and later sold its assets to Viacom in 1994.
Gulf & Western Inc. was a conglomerate founded by Charles Bluhdorn in 1967, after acquiring auto parts, zinc, and movie companies. It later expanded into financial services, consumer products, and sugar production, but faced challenges and restructuring in the 1980s.
Feb 11, 2023 · Learn about Gulf and Western, a former conglomerate that owned Paramount Pictures, Universal Studios, and other media businesses. Find out how it was founded, what it acquired, and why it was ...
- 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.
Oct 1, 2024 · Gulf + Western Inc.,, corporation that was founded in 1958 by Charles Bluhdorn and became one of the most highly diversified conglomerates in the United States. Gulf + Western took control of the Paramount Pictures Corporation (q.v.) in 1966.
Jun 14, 2016 · Conglomerates like ITT, Textron, LVC and Gulf and Western Industries were the darlings of Wall Street, but by the 1980s many had been dismantled or restructured into leaner, more focused corporations.
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.
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Aug 29, 1983 · Gulf + Western slims down Charles Bluhdorn was one of the earliest and flashiest corporate conglomerateurs, a master of the unfriendly takeover. Starting with a small auto-parts company in 1958, he...
