Hacker News new | ask | show | jobs
by tomwheeler 1378 days ago
That type of diversification was common with lots of companies back then, not just the auto industry. For example, CBS (broadcast network) bought Fender (musical instrument manufacturer), Pepsico (soft drinks) bought North American Van Lines (moving company), Sears (retailer) bought Coldwell Banker (real estate franchise), and H&R Block (tax preparer) bought Compuserve (online network).