Fidelity & Guaranty Life
Ever since it was founded in Des Moines, Illinois back in 1959, Fidelity and Guaranty Life Insurance Company has helped millions of folks secure their future. With that said, its own future had not been all that safe. Harbinger Group used to own it, but the parent company opened it up to the public in 2013. Anbang Insurance Group was interested in it and bought F&G for $1.57 billion. It looked like all was going well until the Chinese company terminated the deal at the last minute. After the sudden change of plans, CF Corp bought F&G for around $1.84 billion in 2017.
Fidelity & Guaranty Life
Universal Music Group
Any budding artist would be happy to snag a record deal with Universal Music Group. It is one of the “Big Three” record companies alongside Warner Music Group and Sony Music. UMG has been in the industry for nearly a century now. It has helped grow a lot of homegrown musicians, but the truth is that it no longer an entirely American company. A French company called Vivendi had the majority stake in it for more than a decade, but it eventually struck a deal with Tencent in 2020. The Shenzhen-based company paid $33.4 billion to get a 10% share in the record company.
Universal Music Group
