Holiday Inn
Nearly seven decades ago, Holiday Inn was just a solitary motel on the interstate between Memphis and Nashville. When Kemmons Wilson and his family had a bad experience on a road trip, he came up with a brilliant solution to the problem. He had already formed a partnership with Wallace E. Johnson to expand the number of outlets within a year of getting things started!
Holiday Inn
The hotel chain was purchased in the late 1990s by the Intercontinental Hotels Group, an English corporation founded in the late 1980s. Today, new locations are being opened in cities and towns all over the country and the world! IGH still owns this property, indicating that it was a wise investment on their part.
Motorola
Motorola, a company best known for its technological products, was founded in Schaumburg, Illinois, decades before the public was introduced to the concept of mobile phones. Following its founding in 1928, the company continued to grow until it reached the pinnacle of its success with flip phones and other similar devices.
Motorola
Google eventually bought the company, but it was later sold to a Chinese company called Lenovo in 2014. This was not beneficial to Google because it purchased the company for $12 billion two years before selling it for $2.9 billion. Others are perplexed as to why Google appears to be fine with a $10 billion loss on this transaction from 2011.
