Home > Coca-Cola becomes a publicly traded company...
Click image to enlarge 567912
Show image list »
Image023_tn
Image021_tn
Image022_tn
Image024_tn
Image025_tn
Image026_tn
Image027_tn
Image028_tn
Image029_tn
Image030_tn
Image031_tn
Image032_tn
Image033_tn

Coca-Cola becomes a publicly traded company...



Item # 567912

August 23, 1919

THE ATLANTA CONSTITUTION, Georgia, August 23, 1919  A very significant newspaper, as page 2 contains a report announcing that: "Coca Cola Stock On The Market  Soon" with the text providing some details as to the historic sale of the company by the famed Asa Candler to an investment company destined to offer shares on the market (see).
The issue of the day previous had the very historic announcement of the sale of Coca Cola by Chandler. Asa Chandler, the man who bought the original formula from founder John Pemberton and propelled the company to national prominence by the 1890's, sold the company to Ernest Woodruff and an investor group for $25 million. The business was reincorporated as a Delaware corporation, and 500,000 shares of its common stock were sold publicly for $40 per share. It is this latter event which is reported in this newspaper.
Coca-Cola continues to maintain its international headquarters in this city to this day. It is very significant to have this report in an Atlanta newspaper, and very likely that only an Atlanta newspaper would give this report such prominence.Although likely not a unique issue, it is an extremely rare item and the first we have seen offered in our 34 years in the rare newspaper hobby.
This is the complete newspaper, a bit irregular at the spine margin, otherwise in nice condition.

Discounted (as shown) by 20% through January 14, 2015!

Featured in "Newspapers that shaped the world..."

Category: The 20th Century

Available Now

$452.00