When did Lorry I. Lokey establish Business Wire?
Lorry I. Lokey established Business Wire in 1961 to solve a specific problem for California businesses.
Questions about Business Wire
Short answers, pulled from the story.
What date did Business Wire launch its website?
The company launched its website on the 2nd of May 1995 to adapt to the growing internet landscape.
Who purchased Business Wire and when was the transaction completed?
Berkshire Hathaway announced plans to purchase Business Wire on the 17th of January 2006, with the final transaction completing on the 1st of March 2006 after regulatory reviews concluded.
Which country received Business Wire's first wholly owned European office?
Business Wire opened its first wholly owned European office in London during 2001 before expanding into Germany where the firm entered the Ad-Hoc market on the 1st of June 2005.
When did Geff Scott take over leadership roles at Business Wire?
Geff Scott took over leadership roles following Cathy Baron Tamraz retirement from her position as chief executive officer and president in April 2017.