Xanterra purchased the resort from Busch Properties, Inc. (BPI). In 1998 the company became the number four long distance company in the United States through a $4.4 billion stock-swap purchase of LCI International. Add an executive. The company's hospitality industry holdings are mostly controlled by its subsidiary Xanterra Travel Collection. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. [54], Anschutz prefers to stay out of the limelight. Meanwhile, Anschutz began his move into the sports world in 1995 when he teamed with Los Angeles developer Edward Roski, Jr., to buy the Los Angeles Kings hockey team for $114 million. Operations Officer at Sintact Medical Systems. Anschutz denied any wrongdoing but volunteered to donate a total of $4.4 million to settle the case as long as he selected the recipient organizations in advance. In 1999, Fortune magazine compared him to the 19th-century tycoon J.P. Morgan, as both men "struck it rich in a fundamentally different way: they operated across an astounding array of industries, mastering and reshaping entire economic landscapes.". A marathon runner, Anschutz has built his $16-billion-plus fortune through tenacity, savvy dealmaking, strategic timing, and a knack for spotting trends. None of the information on this page has been provided or approved by The Random Acts of Kindness Foundation. the Head of Patent Development for Intellectual Ventures Invention Development and resided in Asia. With Anschutz once again wielding political pressure, the Congress passed the legislation that replaced the ICC with the STB in December 1995. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. Nissan North America Inc. The $1.4 billion figure was an astounding gain on what had essentially been Anschutz's initial cash investment (in the Denver & Rio Grande Railroad) of $90 million. Editor in Chief Stephen Hayes had initially been cleared to find a buyer but after a venture capital firm agreed to broker any future deal, Anschutz withdrew permission and decided to effectively kill the company in order to harvest its subscribers. For several years, Anschutz was Colorado's sole billionaire. The Rio Grande's small size and its position as a bridge carrier (providing connections between other rail lines) led Anschutz to pursue the acquisition of the railroad giant Southern Pacific (SP) in an attempt to save the much smaller Rio Grande. Anschutz owns more than half of the company, and multiple newspapers and media groups. Anschutz graduated from Wichita High School East in 1957, and in 1961 earned a bachelor's degree in business from the University of Kansas, where he was a member of the Sigma Chi Fraternity.[8]. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. Anschutz was instrumental in several MLS initiatives that have grown the league's revenues and profits. Smith has been with AFG since 2003, and currently oversees all aspects of AFG's operations (development, physical production, publishing, marketing and outreach, finance, legal and business affairs). Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). Anschutz and Comsat (later Ascent Entertainment), then owners of the National Basketball Association's Denver Nuggets and later the owners of the National Hockey League's Colorado Avalanche, developed a proposal for a $130 million sports and entertainment center that would include a new basketball and hockey arena and film and television studios. This site works best when Javascript is enabled. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. Anschutz retained an 84 percent stake in Qwest, whose stock soared from $22 per share at offering to more than $50 by the end of 1997. Headquartered in Franklin, Tennessee, Nissan North America, Inc. has expertise across the region in research and development, vehicle exports, automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Campus, he has worked both with the PreAward Shared Services team under the Dean's Office within the School of Medicine and as the Research Budget and Grants Manager for the Division of Gastroenterology and Hepatology in the Department [25] He owns a stake in the Dignity Health Sports Park, the stadium for the MLS team LA Galaxy and former MLS team Chivas USA. He also invested in the Power Company of Wyoming LLC,[32] formed in 2007[33] (re-incorporated in 2010)[34] for the purpose of building the Chokecherry and Sierra Madre wind power complex in Carbon County, Wyoming, comprising up to 1,000 wind turbines with up to 3,000 megawatts of capacity. We'd love to hear from you! Anschutz was also attempting to leverage the real estate holdings of Southern Pacific by developing some of the land rather than selling it to other developers. To pare down the company's $311 million in debt, Anschutz took Qwest public in June 1997 through an IPO that raised $321 million. (303) 724 - 1329 |gali.baler@cuanschutz.edu. ", https://en.wikipedia.org/w/index.php?title=The_Anschutz_Corporation&oldid=1122683027, This page was last edited on 19 November 2022, at 00:28. Anschutz was born in Russell, Kansas, the son of Marian (ne Pfister) and Frederick Benjamin Anschutz. Executive Vice President: Colorado, USA cxxxxxxn@gmail.com: Adam Brewer: Technical Support Manager: Colorado, USA . Pricing; API; . [13] Anschutz paid $100,000 to each of 32 New York nonprofit philanthropic groups, as well as $200,000 to each of six law schools. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. industry outreach and operational support. She manages the implementation of clinical research within the CU Innovations digital health team. The Anschutz Corporation 5.0 1 review Write a review Snapshot Why Join Us 1 Reviews 1 Salaries Jobs 2 Q&A Interviews Photos The Anschutz Corporation Careers and Employment Reviews Project Revenue Accounting in Denver, CO Questions and answers People have asked 2 questions about working at The Anschutz Corporation. [15] Contact Anschutz Foundation 1729 Tremont Place Denver, CO 80202 (303) 308-8220 [12] Articles and Resources Related SourceWatch Articles First, he planned to cut costs by reducing the employee ranks through a buyout program and a reorganization. As always, Anschutz had several irons in the fire. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. You can help Wikipedia by expanding it. At that point, Anschutz had managed to turn his initial $55 million investment in SP Telecom into $4.9 billion. For assistance, contact one of our team members below or complete this contact form. Should You Buy Philip Morris Stock Over Its Sector Peer? MarieGriffinPhotography Marie Griffin Dennis DBA Marie Griffin Photography In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. Prior to UK, Raja spent 15+ years working in roles of increasing responsibilities in product development for various companies within the pharmaceutical industry. Founded in 1965, The Anschutz Company is an oil and gas company that has projects in the Powder River and Washakie Basins of Wyoming, the Piceance and DJ Basins of Colorado, and the Unita Basin of Utah. She has a Masters in Human In 1995 Anschutz purchased a 40 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company founded in 1916, for $45 million. Previously, Kimberly started and sold companies in the biotech, tech, and clean energy fields, companies included Curagen Corporation (acquired by Celldex Therapeutics), 454 Life Science (acquired by Roche), and Arbor Fuel, a biofuel company Key Principal: Phillip Anschutz See more contacts Industry: Investment holding companies, except banks , Newspapers , Oil and gas exploration services , Sports clubs, managers, and promoters Printer Friendly View Address: 555 17TH St Ste 2400 Denver, CO, 80202-3987 United States See other locations Phone: Website: www.anschutz-exploration.com The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. Print or download. The rail systems of Burlington Northern and the Sante Fe scarcely had any overlap, while the merger of SP and UP would eliminate competition on certain runs, most notably in Texas and between Colorado and California. [44][45][46] Anschutz contributed $1 million to conservatives during the 2016 U.S. elections, and $200,000 to Republican politicians and political action committees during the 2017 elections. Executive Vice President The Anschutz Corporation Sep 2010 - Present12 years 5 months Chief Strategy Officer AEG Mar 2013 - Present9 years 11 months Greater Los Angeles Area Managing Director. By the early 21st century, Anschutz had an estimated net worth of more than $16 billion. Anschutz hired Moyers as chief executive, and Moyers immediately focused on Southern Pacific's operating ratio, which stood at 96.5 percent in 1993. But this in many ways ordinary guy is an extraordinary businessman, as we learned when we went hunting for the elusive", "Land Report 100 Largest Landowners In The U.S.", "Anschutz Group Wins Recognition for Support Award Celebrates Valley of Chiefs Work", "Anschutz not named in lawsuit No indication action is pending", "Anschutz Says Luring NFL Team Is Priority After Ending AEG Sale", "50 Most Influential: 2-10 - SportsBusiness Daily | SportsBusiness Journal | SportsBusiness Daily Global", http://www.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/Soccers-Visionary-Phil-Anschutz.aspx, http://m.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/The-20-Most-Influential-People-In-Soccer.aspx, "How Philip Anschutz Made Billions Seeing What Others Missed", http://www.dynamotheory.com/2011/11/10/2551015/the-two-sides-of-phillip-anschutz-houston-dynamo-la-galaxy-mls-cup-2011, "Anschutz saved MLS from extinction | TropiGol Sports", "Anschutz's Clarity Media launches Sunday papers in 3 cities", "The Weekly Standards War: Murdoch sells the magazine that sold the Iraq invasion", "Power Company of Wyoming: Chokecherry and Sierra Madre Wind Energy Project", "Business Entity Detail - Wyoming Secretary of State", "BLM. In recognition of its preservation efforts, The National Trust for Historic Preservation presented its President's Award to the Anschutz Exploration Corporation. Join our email list to receive periodic updates and meeting notifications. Reveal contacts of top The Anschutz Corporation managers and employees. Anschutz has invested in, for example, the Clarity Media Group, a Denver-based publishing group that includes[28] newspapers such as The Oklahoman, the largest newspaper in Oklahoma; The San Francisco Examiner (purchased in 2004, sold in November 2011); The Washington Examiner, a right-wing weekly tabloid that was consolidated from group of D.C.-area suburban dailies; The Baltimore Examiner, which launched in April 2006 and was shut down in early 2009; the now-closed Examiner.com, a hyper-local web portal where contributors wrote on local topics from news to blog-like stories; the conservative Weekly Standard (purchased in 2009);[29] and The Gazette, Colorado's second-largest newspaper, with a daily circulation of 74,172 (purchased on November 30, 2012)[30] (Anschutz has trademarked the name "Examiner" in more than 60 cities.). Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. in pharmaceutics from Long Island University, an M.S. Second, Moyers focused on service to SP's customers, putting pressure on his subordinates to improve the operations. addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. The land came from the recently closed Fitzsimons Army Medical Center, but millions were needed for the construction of new medical laboratory buildings and a new University Hospital on the land. Here's why it was my top pick. While his ventures into telecommunications and sports grabbed most of the headlines in the second half of the 1990s, behind the scenes, Anschutz became increasingly active in the industry in which he made his first fortune, petroleum. Amid speculation that he would be better off breaking up SP and selling it piecemeal (Krebs of the Santa Fe still coveted much of the SP line and approached Anschutz about a deal several times without success), Anschutz told Forbes: 'I said in my original ICC filing that we would turn this railroad around; I'm in it for the long haul.' The Anschutz Corporation United States employs 64 employees. Upon closing, Anschutz would operate OPUBCO separately from his other publishing and media assets as an independent company. Prior to joining the University Still, that the offering was successful at all was attributed by many to the hiring of Moyers. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness . The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. Executive Vice President at The Anschutz Corporation Denver, Colorado, United States. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. Fred Anschutz and Philip Anschutz founded The Random Acts of Kindness Foundation. Get the latest business insights from Dun & Bradstreet. What was next for this seemingly modern-day Midas? (303) 724 - 1061 |doreen.molk@cuanschutz.edu. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. In November 1993, he became Director and Chairman of the Board of Qwest, stepping down as a non-executive co-chairman in 2002 but remaining on the board. Board. The Random Acts of Kindness Foundation Leadership, Brownstein Hyatt Farber Schreck Executives, The Random Acts of Kindness Foundation Executives. Moyers had retired after a very successful four-year stint at Illinois Central, where he cut its operating ratio (operating expenses as a percentage of revenues) from 98 percent to 71 percent. 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The Denver Post summarized the implications for Anschutz: "Not only is Qwest founder and board member Philip Anschutz not a defendant in the long-awaited civil case against the regime of former Qwest chief executive Joe Nacchio, he doesn't even merit a mention in the 50-page complaint. In the summer of 1993, Anschutz turned to a railroad company veteran, Edward Moyers, to assist in turning SP around. Phil Anschutz, who was honored Jan. 12 as the 2015 Citizen of the West, is flanked by attorney Norm Brownstein, left, and developer Larry Mizel, right at the annual event, which drew about 1,000 people. 0. Kimberly Muller, Esq. He has also been a director for Pacific Energy Partners and served on the boards of the American Petroleum Institute in Washington, D.C. and the National Petroleum Council in Washington, D.C. The company has diversified investments worldwide in hospitality, technology, traditional and renewable energy,. [23] In 2006 SportsBusiness Journal ranked Anschutz the most influential person in soccer in the U.S.[24] Anschutz was one of the founders of Major League Soccer and owned several teams for periods of time, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, D.C. United, and the New York/New Jersey MetroStars. All rights reserved. For example, he pushed for the building of soccer-specific stadiums, allowing MLS teams to increase revenue and better control costs. I tested eight electric razors for women and found the Philips SatinShave Electric Shaver to have the best combination of features and most efficient battery. Illinois. His grandfather, Carl Anschutz,[6] was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell. [23] He has since sold his stake in the Chicago, Denver, Houston, New York, San Jose and D.C. MLS teams and now owns only the Galaxy. Moyers also sought to bolster Southern Pacific's equipment through the purchase of new locomotives, the rebuilding of existing locomotives, and better maintenance of both trains and track. Bill Miller, President and CEO Roxane Perruso, Executive Vice President and COO Kelly Cummins, Vice President, Land and Environmental Affairs Lisa Christian, Vice President and General Counsel Ryan Jacobson, Director, Engineering and Construction, Wind Energy Kara Choquette, Director, Communications and Government Relations The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. Maryland. The Anschutz Corporation employs 8 employees. alike, touching a variety of therapeutic areas in pharmaceutical, medical devices and telehealth industries. Since starting at Anschutz Medical The Anschutz Corporation also owns Ken Ehrlich Productions and the Clarity Media Group, the parent company of The Gazette, a newspaper in Colorado Springs and Washington Examiner, a conservative news website and weekly magazine.[5]. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. [15] The U.S. Securities and Exchange Commission and the U.S. Department of Justice extensively investigated Qwest officials and determined there was no justification for taking action against any board member. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. Although SP was still in weak financial condition, Moyers had managed to make a number of improvements, and in February 1995 he once again retired. The company behind TransWest, Anschutz Corporation, amassed a fortune in the 20th century in the oil-rich shale deposits of Wyoming. Anschutz also bought three professional soccer teams, the Los Angeles Galaxy, the Colorado Rapids, and the Chicago Fire, all part of Major League Soccer, which Anschutz owned a part of as well. The proposed merger elicited immediate opposition from government officials and Santa Fe's competition, and with the added impetus of pressure from Anschutz, whom Forbes called 'politically influential,' the Interstate Commerce Commission (ICC) in 1987 blocked the Santa Fe-SP merger as anticompetitive. Part of this came in the form of stakes of more than five percent each he gained in Union Pacific (a stake initially worth about $700 million) and in Union Pacific Resources Group Inc., a leading independent oil and gas exploration and production company that was spun off from Union Pacific in 1995 and 1996 (the stake in the latter was worth about $300 million). This produced his first fortune in the oil business. Akebono Brake Corporation (Elizabethtown) <ABC> (North American Co-head Office, sales and marketing) 300 Ring Road, Elizabethtown, KY 42701, U.S.A. Tel: +1 270-234-5500 Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. In March 2012, it was reported that Anschutz was interested in buying the Rangers. Prior to CU Innovations, We see them around but we don't know what goes on behind the scenes. He started modestly, with the 1984 purchase of the Denver & Rio Grande Railroad, commonly known as the Rio Grande, a small railroad that then consisted of more than 3,400 miles of track from Missouri to Utah. In 1991 Anschutz carved SP Telecom out of Southern Pacific, taking full control of it for an investment of $55 million. Following Nacchio's hiring in January 1997, Qwest inked two additional deals with WorldCom and GTE, similar to the one with Frontier, for another $600 million. [2], The company's entertainment industry holdings are mostly controlled by its subsidiary Anschutz Entertainment Group (AEG), a sporting and music entertainment presenter and the world's largest owner of sports teams and sports events. free lookups / month. He is licensed to practice law in Texas and Colorado. The Anschutz Company 555 17th Street, Suite 2400 Denver, Colorado 80202-3941 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Private Company Incorporated: 1992 Employees: 100 NAIC: 551112 Offices of Other Holding Companies Tennessee. Anschutz Exploration Corporation Profile and History. Looking for a particular The Anschutz Corporation employee's phone or email? Donald Trumps real net worth? Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. Zippia gives an in-depth look into the details of The Random Acts of Kindness Foundation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Random Acts of Kindness Foundation. Copyright (c) 2022 Company-Histories.com. The New York Times called the takeover 'the most spectacular merger fiasco of modern times.'. . Jul 2020 - Present2 years 8 months. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. He had also purchased a substantial amount of the debt of the financially troubled United Artists Theatre Corp., one of the largest owners and operators of movie theaters in the country. in Dallas, Texas, where his practice focused on intellectual property and transactional matters. to Colorado, he worked in higher education administration and grant management within the Department of Electrical and Computer Engineering at North Carolina State University in Raleigh, North Carolina. Don holds a Master of Business Administration (MBA) completed in 2021, a Master of Divinity (MDiv) completed in 2015, and a Bachelor of Science in International Business and Language (BSIBL) completed in 2009 through the University of {{ userNotificationState.getAlertCount('bell') }}. In May 2001, the Bush administration upheld Anschutz's right to drill an exploratory oil well at Weatherman Draw in south-central Montana, where Native American tribes wanted to preserve sacred rock drawings. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. Department of the Treasury. [41] In 2012, he financed the pro-parent trigger film Won't Back Down. It is also the owner of entertainment venues and under AEG Live the world's second-largest presenter of live music and entertainment events after Live Nation. It was also speculated that Anschutz envisioned synergies between Qwest and his sports activities, specifically the possibility of using the high-tech electronics that were installed in the Staples Center to transmit high-definition images of sporting events over the Qwest network to television sets and computers. Angie strives to incorporate current design trends and develop strategic marketing materials to accurately convey targeted With 20,000 miles of track thoroughly covering the West Coast and a line through the southern United States to the Mississippi River, the SP was even more attractive to Anschutz for its connections to the Rio Grande lines in Kansas City and Ogden, Utah, making for a synergistic coupling. [32] It will be sited on 229,077 acres, about half federal, about half privately owned by an affiliate, and a smattering of state lands. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. Get contact details including emails and phone numbers He was also a director of Forest Oil Corporation beginning in 1995. . Raja received a B.S. But in 1993, SP slid back to a loss of $149 million. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. Florida. Anschutz contemplated and then abandoned takeovers of two publicly traded companies in the 1980s, ITT and Pennwalt; in the process of buying and selling shares in the companies, he pocketed more than $100 million. Ms. Mullers business development responsibilities include investing, company creation, When you see what can be done, the possibilities, you want to be involved in something. should contact President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . Sep 16, 2011 Updated Aug 31, 2020. Join to view profile . Anschutz has had several other business ventures, including Forest Oil, Pacific Energy Group, Union Pacific Railroad (he is the company's largest shareholder, with a 6% stake), and the Regal Entertainment Group, the second largest movie theater chain in the world, with approximately 7,000 screens. 36. Counsel staff, Ms. Ross was a litigator with Messner Reeves in Denver. Similar to many other takeovers of the 1980s, Anschutz engineered a highly leveraged purchase in which Rio Grande Industries paid Santa Fe Industries just over $1 billion in cash, most of it borrowed, for SP, assuming more than $700 million in SP debt. New ownerPhilip Anschutz: He has interests in energy, publishing, railroads and entertainment. Robert Krebs, the chairman of Santa Fe Industries, was forced to sell one of his lines and chose SP, which he felt was the weaker of the two. His work spans the intersection of internal venture [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. [47], In 2006, a lawyer for Anschutz wrote a letter to President George W. Bush's White House Counsel Harriet Miers recommending Neil Gorsuch to the newly vacant seat on the U.S. Court of Appeals for the Tenth Circuit after The Denver Post reported that Gorsuch was not actively being considered for the vacancy. Spitzer's suit was panned in a Wall Street Journal editorial headlined "The Anschutz Ransom". Anschutz ended up clearing a $30 million profit on what had looked like an extremely risky investment. The Anschutz Corporation Address: 555 17th Street, Suite 2400 Denver, Colorado 80202 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Statistics: Private Company Incorporated: 1958 NAIC: 551112 Offices of Other Holding Companies Key Dates: 1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. Soon after Ronald Reagan became president in 1980, he deregulated the U.S. railroad industry. The following year Qwest battled for control of local telephone provider U S West Inc., one of the original Baby Bells, with another upstart telecommunications company, Global Crossing Ltd. Qwest eventually won the battle, acquiring U S West for about $43.5 billion in stock in 2000.
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