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Kelvinator began buying Leonard's boxes for its electric refrigerated models. By 1923, the Kelvinator Company held 80% of the American market for electric refrigerators. [2] On July 3, 1925, Kelvinator bought Nizer Corporation in a tri-party merger valued at $20 million. [5] In 1926, the company acquired Leonard, which had been founded in 1881.
Kelvinator consumer products, before and after the merger with Nash, were considered an upmarket brand of household appliances. In 1954, Nash-Kelvinator acquired Hudson Motor Car Company of Detroit, Michigan, in what was called a mutually beneficial merger that formed the American Motors Corporation. It was the largest corporate consolidation ...
The Nash-Kelvinator/Hudson deal was a straight stock transfer (three shares of Hudson listed at 11 + 1 ⁄ 8, for two shares of American Motors and one share of Nash-Kelvinator listed at 17 + 3 ⁄ 8, for one share of American Motors) and finalized in the spring of 1954, forming the fourth-biggest auto company in the U.S. with assets of US$355 ...
In the late 1950s, various guitars in the Kay line were assigned new model numbers; according to the 1959 catalog, the Thin Twin became K5910 and the Electronic Bass became K5965. [27] Both instruments remained in Kay's catalog offerings with only minor cosmetic variations until 1966, when Kay revamped its entire guitar line to only feature ...
Mason accepted, but placed one condition on the job: Nash would acquire controlling interest in Kelvinator, which at the time was the leading manufacturer of high-end refrigerators and kitchen appliances in the United States. As of 4 January 1937, the resulting company was known as Nash-Kelvinator. As a brand name, Nash continued representing ...
What a difference three years makes. In January 2022, Hugh Jackman and Sutton Foster were married to other people and preparing to play love interests in Broadway’s The Music Man.Now they’re a ...
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