Transocean LTD (RIG), The Coca-Cola Company (KO), Ford Motor Company (F): The Infamous Disaster That Almost Destroyed the Global Economy

When John Pemberton died that same August, Candler performed some cursory mourning duties before further consolidating his ownership. Several deals consummated during that fateful year fell under much suspicion in later times — several critical signatures were found to be forged. However, Candler succeeded in his effort to wrest control of name, formula, and market share from his former partners. Four years later, Candler re-incorporated to raise additional funds for a company that now boasted a stated market value nearly 1- times the size of the 1888 original. From then on, there would be little to stand in Coke’s way.

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The article The Infamous Disaster That Almost Destroyed the Global Economy originally appeared on Fool.com.

Fool contributor Alex Planes holds no financial position in any company mentioned here. Add him on Google+ or follow him on Twitter, @TMFBiggles, for more insight into markets, history, and technology.The Motley Fool recommends Coca-Cola, Ford, and General Motors and owns shares of Ford, JPMorgan Chase, and Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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