Close Company: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Close Company

  • a company in which five or fewer people control more than half the voting shares, or in which such control is exercised by any number of people who are also directors

Additional Resources

Ford's Edison Plant to Close
The Ford Motor, plant in Edison will close its doors for good on February 27, eliminating 900 jobs. The facility, built in 1948, currently manufactures the Ranger pickup and Mazda B-series trucks. Back in December of 2001, the company announced the elimination of its second shift, cutting the workforce down...
Tags: Edison, Ford Motor Co.
Research articles 2003-11-01
Local PSINet office to close
OKLAHOMA CITY AP -- The local PSINet office will apparently close, despite company assurances that no offices in the state would be shut down even though the company has declared bankruptcy.
Research articles 2001-06-11
WALL STREET WATCH.(Brief Article)(Illustration)(Statistical Data Included)
Summary for the week ended February 22, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1680.63 Change: -4.95% DOW...
Tags: ASCII, Dow Jones & Company Inc., FINANCE, Nasdaq Stock Market Inc.
Research articles 2001-02-26
WALL STREET WATCH.(Statistical Data Included)
Summary for the week ended March 15, 2001 HTT STOCK INDEX(*) Close: 1741.67 Change: -2.63% DOW JONES INDUSTRIALS Close: 10031.28 ...
Tags: FINANCE, Investment
Research articles 2001-03-19
ConAgra Foods Inc
Packaged-food maker ConAgra Foods Inc. announced plans to close two manufacturing plants and expand another while cutting about 200 jobs. The changes are part of a reorganization plan the Omaha-based company announced in March last year. ConAgra said it would close 10-12 plants as part of an effort to streamline...
Tags: company, ConAgra Foods Inc.
Research articles 2007-01-29
Pound's strength is blamed for plan to close Japanese plant
A JAPANESE electronics company has announced plans to close its north-east plant, with the loss of at least 400 jobs, citing the strength of the pound against the euro as a factor. Sumitomo Electric Wiring Systems said its plant near Sunderland, a main supplier to the nearby...
Tags: car, industry, Nissan Motor Co. Ltd., Strategy, Sumitomo Corp.
Research articles 2000-07-08
WALL STREET WATCH.(Illustration)
Summary for the week ended March 22, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1572.19 Change: -9.73% DOW JONES INDUSTRIALS Close:...
Tags: FINANCE
Research articles 2001-03-26
WALL STREET WATCH.(Brief Article)(Illustration)(Statistical Data Included)
Summary for the week ended March 7, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1788.80 Change: 7.36% DOW JONES INDUSTRIALS Close: 10729.60 ...
Tags: FINANCE
Research articles 2001-03-12
DMI Furniture, Inc. to Close Plant
LOUISVILLE, Ky.--BUSINESS WIRE--Oct. 21, 1999-- DMI Furniture, Inc., (NASDAQ: DMIF) today announced that it intends to close its furniture manufacturing plant in Ferdinand, Indiana (aka Plant 4). The Company intends to close the Ferdinand plant by the end of December. It is anticipated that the Company will incur...
Tags: Business Wire, Company, Indiana, Kentucky, Manufacturing
Research articles 1999-10-21
Drucker, Inc. Files Information Statement to Complete Acquisition of BK
VANCOUVER, British Columbia -- Drucker, Inc., a Delaware corporation (OTCBB:DKIN) (the "Company") is pleased to announce that the Company has filed an Information Statement, or Schedule 14C to close the acquisition of BK. In addition, the Company has received majority stockholder approval for the actions required to close the transaction.
Tags: acquisition, Company
Research articles 2004-10-04
WALL STREET WATCH.(stock prices)(Brief Article)
Summary for the week ended March 27, 2001 HTT STOCK INDEX(*) Close: 1629.01 Change: 3.61% DOW JONES INDUSTRIALS Close: 9947.54 Change: 5.94% ...
Tags: FINANCE, Investment, stock
Research articles 2001-03-30
News Corp. Close To Consolidating Satellite Interests
Rupert Murdoch's News Corp. is close to revealing plans to consolidate the company's satellite industry holdings into a single publicly traded company, the New York Times reported Friday. The company has previously said that by the end of this month it expects to file a prospectus for...
Tags: General Motors Corp., NETWORKING, News Corp., satellite
Research articles 2000-06-19
Winn-Dixie will close 35 stores
JACKSONVILLE, Fla. -- Winn-Dixie Stores Inc. has announced plans to close or sell another 35 stores. The company, which filed for Chapter 11 bankruptcy protection last year, had already decided to sell or close 326 stores. "Over the past several months we have thoroughly reviewed our store base...
Tags: FINANCE, Litigation, Winn-Dixie Stores Inc.
Research articles 2006-03-20
WALL STREET WATCH.
Summary for the week ended January 25, 2001 HTT STOCK INDEX(*) Close: 1589.70 Change: 1.29% DOW JONES INDUSTRIALS Close: 10729.52 Change: 0.48%...
Tags: FINANCE, Investment
Research articles 2001-01-29
Lexington Herald-Leader, Ky., Business Briefs Column.
Knight Ridder/Tribune Business News Jan. 16 -- MONTGOMERY WARD TO CLOSE 39 STORES: Montgomery Ward & Co. Inc. will close 39 stores and cut about 4,000 jobs as part of a restructuring plan aimed at boosting the struggling retailer's sales and profits. The Chicago-based...
Tags: ABC Inc., Kentucky, Retail, SALES, Strategy
Research articles 1999-01-17
"Post-Close" Closings: How To Screw Up After They Say Yes
The ‘close of sale’ is, perhaps, the most significant aspect of a sales process. The entire sales process is dependent on the aforesaid aspect. The ‘close of sale’ clinches a ‘sales deal’. It is important for the salesperson to gauge the mood and the situation for effecting the ‘close of...
Tags: Sales Process, Sales Strategy, Sales Force Management, Sales
White papers 2003-01-01
WALL STREET WATCH.(retail store chain industry information)(Industry Overview)(Statistical Data Included)
Summary for the week ended February 8, 2001 [TABULAR DATA NOT REPRODUCIBLE IN ASCII] HTT STOCK INDEX(*) Close: 1726.27 Change: -0.15% DOW JONES INDUSTRIALS...
Tags: industry, Retail, Strategy
Research articles 2001-02-12
SEB close to acquiring Danish credit card company PBS International A/S - report
NORDIC BUSINESS REPORT-4 February 2004-SEB close to acquiring Danish credit card company PBS International A/S - reportC1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish financial group SEB is reportedly close to acquiring the Danish credit card company PBS International A/S. According to the Danish newspaper Borsen, quoted by the...
Tags: FINANCE, PBS
Research articles 2004-02-04
Kellogg Company to Close South Operations at Battle Creek Plant
Kellogg Company will close the south operations of its Baffle Creek cereal plant, with the process beginning late this year and concluding in the first quarter of 2000. Kellogg said the action will result in the elimination of approximately half of the current 1,100 hourly and salaried positions at the...
Tags: Kellogg Co.
Research articles 1999-08-23
Saks to close store in Owings Mills, Md.(Brief Article)
NEW YORK - Saks Fifth Avenue will close its store in Owings Mills, Md., at the beginning of the year. The decision to shutter the 90,000-square-foot unit is part of a decision to concentrate on stores and markets where it gets a "higher return...
Tags: Maryland, Saks Fifth Avenue
Research articles 1995-11-17
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