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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.
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 ...
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 ...
Nash-Kelvinator became reorganized as a division of American Motors Corporation (AMC) that was formed as a result of a merger with Hudson Motor Car Company on 1 May 1954. Nash was faced with limited resources for marketing, promotion, and further development of this niche market car compared to its volume models. [ 40 ]
The famous Leonard "Cleanable" Refrigerator came about after a mishap in the Leonard home: a pail of hot cooling lard was left inside an icebox on top of a cake of ice, resulting in melted ice, a spilled pail and cooled lard spilled all over.
Distinct with their signature art pop book covers, Sage's series has garnered a cult following. Readers come up to Sage and tell her they wish they could visit Rebel Blue Ranch in real life.