50+ Companies That Are Not American Anymore

Published on 10/01/2021
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The Barclays Center

The magnificent Barclays Center is well-known to every sports fan or music enthusiast who has ever visited the city. The purchase of this iconic theater was completed in 2019 by a Taiwanese-Canadian business billionaire named Joseph Tsai. Aside from that, the chairman of the Alibaba Group purchased the Brooklyn Nets of the National Basketball Association. Back then, Tsai stated, “With full ownership of the Nets and Barclays Center, we will continue to provide our entertaining style of basketball to our fans.” “We’ve made a significant commitment to Brooklyn, and it will be a honor to offer the best of Barclays Center, with its fantastic entertainment, to our neighborhood,” he continued.

The Barclays Center

The Barclays Center

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Brookstone Inc

Brookstone Inc. began as a mail-order firm in the mid-1960s, specializing in selling specialized and unique products. After some time, it began to sell various things, including alarm clocks, remote control toys, and other accessories. By 2018, the company had 34 sites around the United States. In 2014, however, the company had financial difficulties and was forced to file for bankruptcy. It was fortunate that two Chinese corporations, Sanpower and Sailing Capital, could save the company by purchasing it for 173 million dollars. We are grateful that they intervened at the appropriate time to prevent Brookstone from going bankrupt totally. Several months later, in July 2014, the corporation was able to emerge from bankruptcy, bringing much-needed relief to the public.

Brookstone Inc

Brookstone Inc

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