Word: edsel
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...total assets were less than $100,000, and Mr. Ford did not himself hold a controlling interest in the original capital of $28,000. In 1906 Mr. Ford obtained a 51% interest and control of the company. Later he acquired 7½% more, and finally his son, Edsel, bought in the remaining 4½%. At present the father and son are the only stockholders...