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166581

COCA-COLA COMPANY GOES PUBLIC Sold by Asa Candler Stock Market in 1919 Newspaper


eBay Fixed Price Item # 392124177592

Shown is an original & historic old newspaper, offered to enhance your collectible interest: THE NEW YORK TIMES, August 22, 1919 * Coca Cola goes public - very historic! * Asa Candler This issue has one of the more historic moments in the history of the Coca-Cola Company when 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. Coca-Cola had now become a publicly traded company. Within the financial section (page 16), there is a small and somewhat inconspicuous heading: "Buys Out ... See More  

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Ends October 14, 2018 15:45

$166.00
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