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Fisher Brothers Announces Acquisition Of Iconic 747 Aircraft With Plans To Return To Las Vegas As An Immersive Experience

Apr 25, 2022•over 3 years ago

Acquiring Company

Fisher Brothers

Acquired Company

747 Aircraft

Description

In collaboration with AREA15, the immersive art, event and entertainment district in Las Vegas, Fisher Brothers, a fourth-generation real estate owner and operator with significant holdings in Las Vegas, today announced its acquisition of a Boeing 747 jumbo jet. The iconic structure was recently constructed as a large-scale art installation for Burning Man festival by artist Ken Feldman of Big Imagination. When it appeared in the Black Rock desert in 2016 it was widely regarded as one of the most ambitious art installations ever due to the sheer size and scope of the structure. High-res images can be accessed here (credit Melanie McClenahan).

Company Information

Company

Fisher Brothers

About

For more than a century, Fisher Brothers has excelled in real estate innovation, developing, owning and operating unique spaces that enable people to thrive. From cutting-edge building design to neighborhood-defining art installations, Fisher Brothers leverages each real estate asset to create one-of-a-kind spaces for people to live, work and play. Fisher Brothers currently owns and operates commercial, residential and experiential retail assets in New York City, Las Vegas, Washington, DC, Miami and Orlando. For additional information about Fisher Brothers, please visit the Company's website at www.fisherbrothers.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed