Fidelity & Guaranty Life
Founded in Des Moines, Illinois back in 1959, Fidelity and Guaranty Life Insurance Company helped secure the futures of millions of people. Despite that, the company’s future has not been safe at all. Harbinger Group initially owned it, but the parent company opened it up to the public in 2013. Anbang Insurance group later bought F&G for $1.7 billion. It seemed like everything was doing alright until the Chinese company turned down the deal at the last minute. After a sudden change of plans, CF Corp bought the company for $1.8 billion in 2017.
Universal Music Group
Having a deal with Universal Music Group is a dream come true for a lot of musicians that are starting. It is hailed as one of the “Big Three” the music industry alongside Warner Music Group and Sony Music. UMG has been in the industry for about a century now and has helped cultivate the talents of various musicians. However, it is no longer an American company as a French company called Vivendi held the majority stake in UMG for more than a decade, but eventually made a deal with Tencent in 2020. Tencent paid $33.4 billion to get a 10% share in the record company.