Ownership
The Atlanta Falcons Football Team is owned by business man Arthur Blank, and eight limited partners. Arthur Blank who purchased the team on February 2002 owns 90% of the franchise and the eight limited partners own the remaining 10% of the franchise. Arthur Blank was born and raised in Flushing, New York. Blank graduated from Stuyvesant High School in New York City and went on to attend Babson College, where he graduated with a B.S. degree in Business Administration and accounting. He also received an honorary degree from Furman University. In 1978, Blank co-founded Home Depot with Bernie Marcus. New York investment banker Ken Langone assembled the initial group of investors. Blank spent 19 years as the company's president before succeeding Marcus as CEO. Blank retired from the company in 2001 as co-chairman.
Read more about this topic: Atlanta Falcons
Famous quotes containing the word ownership:
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)