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Unformatted text preview: Sold Carnegie Steel to JPM for $480M ($10.3 B), paid in 5% 50- year gold bonds Spent final years doing philantrophy. Making up for his business deals, Died 11 Aug 1919, donated $350,695,653 ($4.3 B) Works and ability to mass produce efficiently provided much of the steel that helped expansion and modernization of US Truly mastered vertical integration 3 +’s and –‘s: (+) taught about integration, greatly helped in the industrial revolution, allowed for much philantrophy, (--) bad business practices, eliminated much of the competition....
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This note was uploaded on 03/27/2012 for the course UGS 302 taught by Professor Staff during the Spring '08 term at University of Texas at Austin.
- Spring '08