The “Proudly American” Companies Which Don’t Want You Knowing They Left The USA!

Published on 11/01/2020
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Universal Music Group

If you are desperate to make it in the music industry, you could do a lot worse than being hired by Universal Music Group. Among the music industry, there is the “Big Three,” of which UMG is a proud member with almost one hundred years of service to music. Plenty of proudly American artists owes their livelihoods and successes to the business, even if it is not part of the United States any longer. Vivendi, a French business, enjoyed a majority stake which it secured over ten years ago. Tencent then came in for an incredible deal in 2020, and the men from Shenzhen put down $33.4 billion for a 10% share in this giant of the music industry.

Universal Music Group

Universal Music Group

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WeWork

Here we have a controversial entry, with most businesspeople being well aware of how this workspace letting enterprise suffered when its CEO became toxically overambitious and nearly ran the company into the ground with debt in 2016. Luckily for them, Legend Holdings Corp. of Beijing happily “partnered” with them, injecting over $430 million into the business. This was an almost obvious power move, with the Beijing corporation’s official, John Zhao, readily admitting that “Our investment in WeWork is both strategic and obvious.”

WeWork

WeWork

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