Who founded the boxing promotion company which Floyd Mayweather, Jr exercising a provision in his contract
Mayweather Promotions Mayweather Promotions, LLC is a boxing promotional firm founded by five-division world and twelve-time world champion Floyd Mayweather, Jr. in 2007 after exercising a provision in his contract with Bob Arum and Top Rank, that allowed him to become a free agent for the price of $750,000. Mayweather Promotions also promotes all forms of live entertainment including sporting events, live musical and theatrical events as well as film and television productions. Mayweather Promotions mainly co-promotes with rival firm Golden Boy Promotions. Leonard Ellerbe is the CEO.
Medical Protective Medical Protective is an American liability insurance company for physicians and dentists. Medical Protective traces its roots back to a predecessor company, the Physicians’ Guarantee Company. Alpheus P. Buchman, MD and Miles F. Porter, MD, both of Fort Wayne, Indiana, formed the Physicians' Guarantee Company in 1899 to provide pre-paid legal defense services for medical malpractice lawsuits. The company is considered one of the first companies to offer pre-paid legal defense services in the United States. In 1902, Physicians’ Guarantee Company changed its name to the Physicians’ Defense Company. In 1907, Byron H. Somers and Charles M. Niezer left the Physicians Defense Company and founded The Medical Protective Company and in 1913, Medical Protective acquired Physicians Defense Company. Byron Somers and by his descendants ran Medical Protective until 1998 when General Electric purchased the company. In 2005, Warren Buffett's Berkshire Hathaway purchased the company for $825 million.