Acquisition By Whitbread PLC
By 1995, there were 18 David Lloyd Leisure clubs when Whitbread PLC acquired the company for £182 million, incorporating it into its Restaurants & Leisure Division. David Lloyd remained as managing director of the division until 1996.
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Famous quotes containing the word acquisition:
“Whatever may be our just grievances in the southern states, it is fitting that we acknowledge that, considering their poverty and past relationship to the Negro race, they have done remarkably well for the cause of education among us. That the whole South should commit itself to the principle that the colored people have a right to be educated is an immense acquisition to the cause of popular education.”
—Fannie Barrier Williams (1855–1944)