Fidelity & Guaranty Life
Fidelity and Guaranty Life Insurance Company has helped countless people secure their financial futures since it was established in 1959 in Des Moines, Illinois. As a result, its own future had been anything but certain. It was previously owned by Harbinger Group, but in 2013, the parent company made it available to the general public. F&G was sought after by Anbang Insurance Group, which paid $1.57 billion for it. Everything appeared to be going according to plan until the Chinese company pulled out of the agreement at the eleventh hour. CF Corp bought F&G for $1.84 billion in 2017 after the company’s plans changed at the last minute.
Fidelity & Guaranty Life
Universal Music Group
Being signed to Universal Music would be a dream come true for any aspiring musician. Along with Warner Music Group and Sony Music, it’s one of the “Big Three” record labels in the business. For nearly a century, UMG has been a leader in the music business. Although it has aided in the development of many domestic musicians, the company is no longer wholly American. In the past, Vivendi, a French company, held the majority of the company’s stock, but Tencent acquired it in 2020 through a deal. They paid $33.4 billion for a 10% stake in the record company, and they’re not the only ones.
Universal Music Group