50 Years Ago From the Soft Drinks Trade Journal of November 1960

摘要

The boards of directors of the Coca-Cola Company and Minute Maid Corporation have approved in principle the proposal under which Coca-Cola would acquire Minute Maid through an exchange of stock. The proposal will be submitted for approval by stockholders of both organisations at special meetings to be held, probably in December An announcement to this effect was made recently by MrW. E. Robinson, Coca-Cola Board Chairman and Mr J. F. Brownlee, Chairman of the Board of Minute Maid. They added that both companies would continue operating with the present managements.Under the terms of the proposal, Coca-Cola would issue one new share of its common stock for each 2.2 shares of Minute Maid common stock. This would involve the issue of about 906,400 shares of Coca-Cola common stock.