Alka-Seltzer
One of the oldest branded medicines in the world is Alka-Seltzer. Dr. Miles Medicine Company, now known as Miles Laboratories, started to sell this pain relief and antacid drink all the way back in 1931. While it had been in American hands for a long period of time, a German company known as Bayer bought it in 1978. Bayer has a reputation for rubbing shoulders with the greatest pharmaceutical companies on the planet. In 2004, it even struck a deal with GlaxoSmithKline to collaborate on a joint campaign to improve the sales of Levitra with the use of the “Strike Up A Conversation” tag line.
Alka-Seltzer
The Chrysler Building
In 2019, a lot of people were surprised when The Wall Street Journal ran the story about the sale of the Chrysler Building. After all, this was considered to be one of the most iconic structures in the New York skyline. However, the truth is that it has not been in the hands of an American for quite some time. In 2008, the Abu Dhabi Investment Council bought the majority ownership for $800 million. It was then bought by an Austrian company called SIGNA for north of $150 million a decade after that. When it came out, this was seen as a huge loss that made headlines in various financial outlets across the world.
The Chrysler Building
