A Tale Of Four Freshmen
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief,...
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It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief,...
Thompson hospitality was in crisis mode. Founded a few months earlier in 1992 when CEO Warren M. Thompson negotiated a leveraged buyout of 31 Big Boy restaurants from Marriott Corp., the fledgling company was neck-deep in debt. Herndon, Virginia-based Thompson Hospitality Corp. (No. 12 on the BE industrial/service companies list with $321 million in revenues) acquired the Washington, D.C., Maryland, and Virginia restaurants for $13.1 million. THC also raised $1.9 million in capital from about 25 investors, and Thompson anted up about $100,000 of his own cash to convert the locations into Shoney’s restaurants. But the transaction wasn’t going according to plan.
Black Enterprise's Ultimate 2019 Gift Guide From Black-Owned Businesses: The most scrumptious food and beverages from black-owned businesses.
Get empowered! Check out J.P. Morgan's Empower Share Class for single mothers and underserved youth.
When Dennese Guadeloupe Rojas was laid off from her production position at a direct mail company in the late ’80s, she was disappointed about losing a job but she viewed...