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Coca-Cola inventor John Pemberton is known to have shared his original formula with at least four people before his death in 1888. [1] In 1891, Asa Candler purchased the rights to the formula from Pemberton's estate, founded the Coca-Cola Company, and instituted the shroud of secrecy that has since enveloped the formula. He also made changes to ...
Coca-Cola sales are flat, but its profits are fizzy. The beverage behemoth posted $11.30 billion in first-quarter revenue on Tuesday, exceeding Wall Street’s $10.96 billion expectations, even as ...
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Coca-Cola rose as much as 5% in early trading on Tuesday, reaching a new intraday record. Coca-Cola hits a record high after smashing profit estimates on strong low-sugar drink sales Skip to main ...
Coca-Cola sales dropped 28% in the second quarter due to the closure of restaurants, movie theaters and sports arenas, but the company says that the worst could be over. James Quincey, the company ...
American businessman Asa Griggs Candler purchased the Coca-Cola formula and brand, forming the Coca-Cola Company in Atlanta in 1892. By 1895, Coca-Cola was being sold nationwide. [ 9 ] In 1919, the company was sold to Ernest Woodruff 's Trust Company of Georgia, [ 10 ] after which it was soon reincorporated under the Delaware General ...
The Coca-Cola formula has been a trade secret since 1891. All three elements are required. If any element ceases to exist, then the trade secret will also cease to exist. [4] Trade secret protection covers confidential information, which can include technical and scientific data, business and commercial information, and financial records. [3]