Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
16 Dec 2024 Acquired Mars Inc. (the chocolate story)
“Is it that different if left absorbs right or right absorbs left? If you’re the controlling shareholder of both, no, it doesn’t matter.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 16 Dec 2024
- Publisher
- Acquired
- Episode
- Mars Inc. (the chocolate story)
Transcript context
…And condition (2), you need to promise me that you will make this company, our father’s company, Mars Incorporated, the new parent company of all of your businesses and preserve our father’s legacy. He says, sure, done, which is probably what he wanted anyway. Totally. It’s also his name. Is it that different if left absorbs right or right absorbs left? If you’re the controlling shareholder of both, no, it doesn’t matter. Yes. Not yet CEO. Patty sells out in 1963. Forrest now owns two-thirds of the business. He spends the next few months going around to all the other shareholders of the business, again mostly current and former management, and buying out their shares. By mid-1964, he has full control of Mars Incorporated.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.