Acquired
Nike
David Rosenthal
Yep. It was about $400 million, the market cap at IPO. Apple, for comparison's sake, was $1.8 billion. Now, interestingly, before they went public, Bowerman sold most of his stake back to Phil Knight. Actually, this was related to some of the financings earlier, but as Nike got bigger, he just didn't want to be a major listed shareholder in a highly visible public company.
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