History
In 1985, Nelson Peltz's New York-based Triangle Industries bought the National Can Company for $460 million and in 1986 it acquired Gerald Tsai's American Can Company for $570 million. The two companies were merged to form American National Can in 1987. In 1988, Pechiney S.A., the state-owned French metal conglomerate, acquired Triangle Industries. At the time of the buyout, American Can was the largest can company in the United States. Rexam acquired American National Can in 2000. American Can was a company started by Irving Fein and it was originally called Fein Container Corp.
Read more about this topic: American Can Company
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“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
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