Acquired
Costco
David Rosenthal
And although Costco, quote unquote, was founded in 1983, the organization that we know and love today is actually the result of a merger between Costco and its predecessor company, Price Club. And Price Club is really, of course, the actual result of Saul's previous company, FedMart, which FedMart itself really came out of FedCo in the 1940s.
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