The first Black-owned company to go public
In 1971, the Philadelphia Coca-Cola Bottling Company became the pioneering Black-owned business to launch a public stock offering, shattering financial barriers and inspiring future entrepreneurs.
In 1971, the Philadelphia Coca-Cola Bottling Company made history as the first Black-owned business to launch an initial public offering on the American Stock Exchange. Founded in 1968 by Harold T. Burrell, this groundbreaking move raised $1.5 million, enabling significant expansion.
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