Acquisition | Paramount Pictures Corporation |
Holding company | Gulf and Western Industries, Inc., |
Start Date | 1966-00-00 |
Notes | Charles Bluhdorn had purchased a nearly defunct auto parts manufacturing company, Michigan Plating & Stamping, in 1956, renamed it Gulf+Western, and used it to acquire a diversified portfolio of hundreds of holdings. Ten years later, the company would acquire Paramount and then increasingly focus on communications properties, acquiring Stax Records in 1968, gamemaker Sega in 1969, and publisher Simon & Schuster in 1975. |