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
Famous quotes containing the word history:
“To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
—J.L. (John Langshaw)
“We know only a single science, the science of history. One can look at history from two sides and divide it into the history of nature and the history of men. However, the two sides are not to be divided off; as long as men exist the history of nature and the history of men are mutually conditioned.”
—Karl Marx (1818–1883)
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)