50+ Companies That Are Not American Anymore

Published on 10/01/2021
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Alka-Seltzer

Alka-Seltzer is a trademarked drug that has been around for a very long time. Dr. Miles Medicine Company, now known as Miles Laboratories, first began selling this pain treatment and antacid drink in 1931, when it was known as Dr. Miles Medicine Company. In 1978, a German firm known as Bayer purchased the company after being in American hands for a lengthy period. Bayer has earned a reputation for working alongside some of the world’s most successful pharmaceutical companies. In 2004, it even reached an agreement with GlaxoSmithKline to engage in a combined effort to increase Levitra sales through the use of the tagline “Strike Up A Conversation.”

Alka Seltzer

Alka-Seltzer

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The Chrysler Building

When The Wall Street Journal published a report concerning the sale of the Chrysler Building in 2019, many people were taken aback. After all, this was considered one of the most famous towers in the New York skyline. However, the truth is that it has not been in the hands of an American for quite some time. With an $800 million investment, the Abu Dhabi Investment Council acquired a majority stake in the company in 2008. after that, it was purchased by an Austrian business called SIGNA for a sum of over $150 million around a decade later. Upon publication, this was interpreted as a significant loss, which garnered widespread coverage in financial publications throughout the globe.

The Chrysler Building

The Chrysler Building

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