Alka-Seltzer
Original Headquarters: Elkhart, Indiana
Purchased By: Bayer
Country: Germany
Alka-Seltzer is one of the oldest branded medicines on the market. Dr. Miles Medicine Company released the antacid and pain relief drink in 1931. Although the corporation remained American for a long time, it was eventually sold to Bayer, a German company, in 1978. Bayer has a track record of working with the greatest pharmaceutical companies. Back in 2004, Bayer collaborated with GlaxoSmithKline on a combined campaign with the tagline “Strike Up A Conversation.”
Alka Seltzer
The Chrysler Building
Original Headquarters: New York City, NY
Purchased By: SIGNA Group
Country: Austria
When The Wall Street Journal, a News Corp publication, initially reported on the sale of the Chrysler Building in 2019, many were taken aback. The building has long been a New York institution, although it has not been owned by an American corporation in quite some time. The Abu Dhabi Investment Council paid $800 million for controlling ownership in 2008, but sold to Austrian company SIGNA and New York’s RFR for slightly more than $150 million just over a decade later. The loss was severe, generating headlines in financial publications around the world.
The Chrysler Building
