Companies That We Believed To Be American, But They Are Really Not!

Published on 10/05/2021
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Alka-Seltzer

Alka-Seltzer is one of the most recognizable and long-lasting brand-name medications in the world. To begin, Dr. Miles Medicine Company, now known as Miles Laboratories, began selling this antacid and pain reliever drink in 1931. After some time in American hands, the company was purchased by a German concern called Bayer in 1978. Bayer has a long history of collaborating with some of the most illustrious pharmaceutical businesses in the world. They worked on a joint attempt to enhance Levitra sales in 2004 using GlaxoSmithKline’s “Strike Up A Conversation” tag line.

Alka Seltzer

Alka-Seltzer

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The Chrysler Building

Many people were taken away when The Wall Street Journal reported on the Chrysler Building’s sale in 2019. After all, it was one of the most recognizable monuments in the city. However, it has not been in the possession of a US person in an extended period of time. A year later, the Abu Dhabi Investment Council acquired the company’s majority stake for $800 million. A decade later, an Austrian company called SIGNA acquired it for over $150 million. As soon as the news broke, it was extensively covered in financial newspapers worldwide as a big loss.

The Chrysler Building

The Chrysler Building

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