Good grief...!!!
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Texas businesses being built up over the years into iconic companies and then being sold to out-of-state companies/investors...
As of 2006, Schlotzskyās (an Austin original) has been owned by Focus Brands, hqād in Atlanta, GA.
As of 2017, Whole Foods (another Austin original) is now owned by Amazon, hqād in Seattle, WA.
Thursday both the New Braunfels (the original, and family opened and owned since 1979) and Galveston, TX Schlitterbahn, award-winning, water parks were sold to Cedar Fair Entertainment Company, hqād in Sandusky, OH.
And, then, yesterday it was announced that the majority shares of Whataburger (family owned since the first location opened in Corpus Christi, TX in 1950) are now owned by BDT Capital Partners, hqād in Chicago, IL.
Although, it has also been announced that the headquarters will remain in San Antonio, TX, and the family will remain as minority shareholders, with the President and CEO, and the family member Board Chairman keeping their seats on the BOD.
J. J. Watt, from the Houston Texans football team, posted on Twitter that we (Texas citizens) should all chip in to buy Whataburger back, and he isnāt even from Texas...!!!!!!!
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