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General Foods Corporation was a company whose direct predecessor was established in the United States by Charles William (C. W.) Post as the Postum Cereal Company in 1895.. The company changed its name to "General Foods" in 1929, after several corporate acquisitions, by Marjorie Merriweather Post after she inherited the established cereal business from her father, C. W. Post.
General Foods 1937 Specimen Stock Certificate. By far the most important acquisition of 1929 was of the frozen-food company owned by Clarence Birdseye, [10] called "General Foods Company". Birdseye (December 9, 1886 - October 7, 1956) was one of the most important entrepreneurs in the history of the food industry.
In 1981, Oscar Mayer stockholders elected to sell the company to General Foods. [5] Four years later, Philip Morris acquired General Foods, and in 1989 merged General Foods with the newly acquired Kraft Foods transforming it into Kraft General foods. Shares of Kraft Foods were first offered to the public via an initial public offering in 2001.
General Mills itself was created on June 20, 1928, [8] when Washburn-Crosby President James Ford Bell merged Washburn-Crosby with three other mills. [9] In the same year, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls, Texas. With the sale, Kell acquired cash plus stock in the ...
In 1929, Birdseye sold his company and patents for $22 million to Goldman Sachs and the Postum Cereal Company, which eventually established a new business, General Foods, and which founded the "Birds Eye Frozen Food Company". [3] After being acquired by the Philip Morris Companies, General Foods then merged into Kraft Foods Inc. in 1990.
800 Westchester Avenue. The 800 Westchester Avenue complex is a postmodern Class A office building located in Rye Brook, New York. [1][2] It was designed by the architectural firm of Kevin Roche John Dinkeloo and Associates, LLC to serve as the corporate headquarters for General Foods. [9][10] Described as an "aluminum business palace" and an ...
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3. Mark Zuckerberg: $203 billion. Mark Zuckerberg is the founder of Meta Platforms, the company previously known as Facebook.The youngest member of this list, Zuckerberg began Facebook out of his ...