Business
In 1963, after having helped to build the family firm into the third largest coffee wholesaler in the United States, Folger sold the company to Procter & Gamble for 1,650,000 shares of P&G common stock. However, he and the Folger family continued to operate Folgers as a P&G subsidiary.
Read more about this topic: Peter Folger
Famous quotes containing the word business:
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