1963. The firm's holding company was incorporated on June 30, 1969 as PaineWebber Inc., of which Paine Webber Jackson & Curtis was its main subsidiary. In 1974, the firm completed an initial public offering of the stock of its holding company, PaineWebber Inc., and listed the company on the New York Stock Exchange. PaineWebber engaged in a number of acquisitions in the 1970s, as a wave of consolidation spread through the industry. In 1973, the firm acquired F.S. Smithers & Co., providing its first a presence in fixed income. PaineWebber also acquired Abbott, Proctor & Paine in 1970, the Abacus Fund, a closed-end investment company in 1972, Mitchum, Jones & Templeton Inc. in 1973. In 1977, the firm acquired investment research and advisory firm Mitchell Hutchins, which had been founded in 1919. In 1979 the company acquired Blyth, Eastman Dillon & Co., which itself was the product of a number of mergers. Among its predecessor firms were Blyth & Co. which had merged with Eastman Dillon Union Securities & Co. in 1972, itself the product of the 1956 merger of Union Securities (formerly the investment banking division of J. & W. Seligman & Co.) and Eastman Dillon & Co. The acquisition added more than 70 branch offices and more than 700 professionals as well as an investment banking business. 1980s By 1980, PaineWebber had 161 branch offices in 42 states and six offices in Asia and Europe. With the acquisition of Rotan Mosle Financial Corp. in 1983, PaineWebber developed a national distribution network and with its advertising campaign "Thank You PaineWebber" developed its brand throughout the 1980s. In 1984, the company consolidated its two divisions, Paine Webber Jackson & Curtis and Blyth Eastman Paine Webber Inc., to form PaineWebber Inc. PaineWebber Group Inc. was established as the parent holding company. PaineWebber moved its headquarters from 140 Broadway to 1285 Avenue of the Americas in Midtown Manhattan in 1985. PaineWebber became a visible presence on Sixth Avenue. At the time, the illuminated name on the building (today UBS) was unique among investment banks, and the building hosted a ground floor gallery of art exhibitions. In 1986, the firm opened a new technology and transaction processing operation at Lincoln Harbor in New Jersey. 1990s In 1995, PaineWebber completed the acquisition of the brokerage and investment banking firm Kidder, Peabody & Co. from General Electric Company. Founded in 1865, Kidder, Peabody had been