Establishment of Dayton Hudson Corporation

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In 1969, Target Corporation underwent a reorganization and was incorporated as part of a new holding company called Dayton Hudson Corporation. The formation of the Dayton-Hudson Corporation was the result of a merger between two prominent regional department store chains, the Dayton Company and the J.L. Hudson Company.

The formation of Dayton Hudson Corporation brought together several retail businesses owned by the albania phone number data Dayton family, including Target, as well as other divisions such as Dayton's Department Store and Mervyn's. This reorganization further diversified the ownership structure and reduced the Dayton family's direct control over Target.

Although the Dayton family's direct ownership in Target Corporation declined over time, it is worth noting that members of the family remained involved in the company as executives and major shareholders.

Conclusion
In conclusion, Target Corporation has undergone significant changes in its ownership structure throughout its history. Originally, Target was a subsidiary of the Dayton-Hudson Corporation, owned and controlled by the Dayton family, but in 1967, Target became a publicly traded company through an initial public offering (IPO).

Today, institutional investors, including large asset managers such as The Vanguard Group, Capital Research & Management Co, SSgA Funds Management, Inc, BlackRock, Inc and Massachusetts Financial Services, own a significant portion of Target's outstanding shares. These institutional investors collectively own approximately 82.85% of the company.