American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
ADVERTISEMENT

Strategic Hotels and Resorts

Strategic Hotels and Resorts Inc. is a hotel chain that owns 17 luxury hotels around the United States as well as one in Germany. It was founded by real estate investor and philanthropist Laurence S. Geller in 1997. By 2016, the company was sold to Chinese company Anbang Insurance Group for $6.4 billion.

Strategic Hotels And Resorts

Strategic Hotels And Resorts

Alka-Seltzer

Alka-Seltzer is one of the best known remedies available over the counter to this day. It was first released in Elkhart, Indiana in 1931 by the Dr. Miles Medicine Company. In 1978, the company was sold to Germany company Bayer, which is a pharmaceutical conglomerate.

ADVERTISEMENT
Alka Seltzer

Alka Seltzer