The Barclays Center
The magnificent Barclays Center is well-known among sports and music fans alike. Joseph Tsai, a Taiwanese-Canadian business billionaire, completed the purchase of this storied facility in 2019. In addition, the chairman of Alibaba Group bought the NBA’s Brooklyn Nets. ‘We will continue to provide our dynamic style of basketball to our fans with full ownership of the Nets and the Barclays Center,’ Tsai stated then. Further, “We have made a significant commitment to Brooklyn and it will be an honor to bring the finest of Barclays Center with its amazing entertainment to our neighborhood.”
Brookstone Inc
Brookstone Inc. began in the mid-1960s as a mail-order company that supplied unique and hard-to-find products. After a while, it began selling a wide range of products, including alarm clocks, remote control toys, and so on. It had 34 U.S. locations as of 2018. However, in 2014, it went through a bad patch and even declared bankruptcy. It’s a good thing that Sanpower and Sailing Capital, two Chinese conglomerates, bought it for $173 million and saved it. We are grateful that they intervened in time to prevent Brookstone from going bankrupt. People were relieved when, in July of that year, the corporation emerged from bankruptcy.