• reddig33
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    16 days ago

    Founder?

    …”After The Southland Corp., which founded 7-Eleven, ran into financial difficulties the Japanese company bought a majority stake in the 1990’s.”

    • Pronell
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      16 days ago

      According to Wikipedia, the Japanese 7-Eleven corporation was founded in cooperation with the Southland Corp back in '59.

      They were then successful enough to buy out their sorta parent company later down the road.

      Apparently it’s complicated. I had suspected that this was a spinoff situation but not starting back in the '50s.