Wednesday, 9 January 2008

The McDonald's History - 1965 to 1973

McDonald's Comes To Wall Street In 1965 McDonald's went public with the company's first offering on the stock exchange. A hundred shares of stock costing $2,250 dollars that day would have multiplied into 74,360 shares today, worth over $1.8 million on December 31, 2003. In 1985 McDonald's was added to the 30-company Dow Jones Industrial Average. A Big Idea Called "Big Mac" "Introduced systemwide in 1968, the Big Mac was the brainchild of Jim Delligatti, one of Ray Kroc's earliest franchisees, who by the late 1960s operated a dozen stores in Pittsburgh." The Egg McMuffin Introduced in 1973, the Egg McMuffin was developed by owner operator Herb Peterson.

No comments: