A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:
A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. (Full article...)
In the Lillehammer bid for the 1994 Winter Olympics, the agreement between Lillehammer Municipality and the state specified that the municipality was responsible for financing all necessary sports venues. However, after the games were awarded the responsibility was taken over by Lillehammer Olympic Organizing Committee (LOOC) and the town's five venues were ultimately funded through state grants. To allow for post-Olympic use, a fund was created by the state, of which Lillehammer Olympiapark received 146 million Norwegian krone (NOK). Unlike the Hamar venues, which survive on their fund's yield, the Lillehammer venues have used up their capital. From 2014 the post-Olympic use fund will be depleted and alternative organization and funding is being looked into. A leading proposal is that the bobsleigh and luge track be taken over by the state, while the remaining venues be retained by the company and jointly funded by the municipality and Oppland County Municipality. (Full article...)
Image 330 St Mary Axe, London, widely known by the nickname "The Gherkin", and occasionally as a variant on The Swiss Re Tower, after its previous owner and principal occupier. Swiss Re is the world’s second-largest reinsurance company.
Image 7The Intel 80486DX2 is a CPU produced by Intel Corporation that was introduced in 1992. Intel is the world's second largest semiconductor company and the inventor of the x86 series of microprocessors.
A multinational corporation (MNC) – also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, with subtle but contrasting senses – is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations".
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Delrina Corporation was a Canadian software company active from 1988 to 1995. The company was best known for WinFax, a software package which enabled computers equipped with fax modems to transmit copies of documents to standalone fax machines or other similarly equipped computers. It also sold PerForm and FormFlow, electronic form software. Delrina was acquired by the American software firm Symantec in 1995.
... that the launch of a Florida TV station was brought forward nearly two months because the local ABC affiliate stopped airing more than half of its prime-time shows?
... that the owner of Phoenix's KNXV-TV "[held] a gun to ABC's head" – and it paid off?
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