Fidelity & Guaranty Life
Fidelity and Guaranty Life Insurance Company, founded in 1959 in Des Moines, Illinois, has helped countless people protect their financial futures. As a result, the company’s future has been far from clear. Harbinger Group previously owned it. However, in 2013, the parent business made it available to the general public. F&G piqued the interest of Anbang Insurance Group, which purchased it for $1.57 billion. Everything appeared to be going swimmingly until the Chinese company abruptly withdrew from the agreement. In 2017, CF Corp acquired F&G for about $1.84 billion after a sudden change of plans.
Fidelity & Guaranty Life
Universal Music Group
A record deal with Universal Music Group would be a dream come true for any ambitious artist. Along with Warner Music Group and Sony Music, it is one of the “Big Three” record labels. UMG has been in the music business for nearly a century. While the company has aided the development of many domestic musicians, it is no longer wholly American. Vivendi, a French firm, originally held the bulk of the company’s capital until it was acquired by Tencent in 2020. The Shenzhen-based firm paid $33.4 billion for a 10% stake in the record label.
Universal Music Group
