Companies That Are Not American Made, But Everyone Believes They Are!

Published on 10/05/2021
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Hilton Hotels

Hilton Hotels & Resorts was founded in 1919 by Conrad Hilton. If that’s the case, it’s been running for nearly a century! Hilton has risen from a small number of locations to become a household name. It now manages 586 hotels spread throughout 85 countries. In 2016, HNA Firm, a Chinese aviation, and shipping conglomerate, paid $6.5 billion for a 25% share in the hotel business. As a result, it became the corporation’s largest stakeholder. In addition, earlier that year, HNA acquired Carlson Hotels in an attempt to enter the hotel business. At the time of its acquisition by HNA, Hilton had a market value of around $26 billion.

Hilton Hotels

Hilton Hotels

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Starplex Cinemas

The truth is that Starplex Cinemas never had the same level of success in the United States as AMC. After all, there are only 34 of them in the United States. Due to the rarity of theaters in many parts of the country, many people in the United States have never visited one. In 2015, AMC Theaters paid $175 million for it. AMC Classics theaters were built on the sites. We have already informed you that the Chinese conglomerate Dalian Wanda Group has acquired a majority share in AMC. By 2017, all Starplex theaters had been converted to AMC locations, and the company had effectively shut down. In other words, it has been acquired by both Dalian Wanda Group and AMC!

Starplex Cinemas

Starplex Cinemas

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