How did Asa Candler end up with all of the rights to Coca Cola?please be specific! Sources would help also!
2007-03-15 07:19:24 · 1 answers · asked by kris 1 in Food & Drink ➔ Non-Alcoholic Drinks
John Pemberton died so he did not sell the rights to Coca Cola. There were 3 investors who had invested a great deal into Coca Cola- Asa Candler, Robert Woodruff and Roberto Goizueta. Asa Candler had worked for Pemberton as early as 1872, wound up, after a series of transactions, controlling the company within a short time of Pemberton's death. By 1891 he owned all of the Coca-Cola business. By the late 1890s, Coca-Cola was one of America's most popular fountain drinks. Asa Candler was another Atlanta pharmacist (just like Pemberton) ,and he led the Coca-Cola Company to increased syrup sales by over 4000% between 1890 and 1900.
2007-03-15 07:41:06 · answer #1 · answered by kglover_23 2 · 0⤊ 0⤋