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The closest thing I can come up with is that the're modeling after companies like this: http://www.textron.com/ http://www.textron.com/ Textron owns Bell Heli
by irishcoffee 11y ago
The closest thing I can come up with is that the're modeling after companies like this:
http://www.textron.com/ http://www.textron.com/
Textron owns Bell Helicoptor, and EZ:GO Golf Cart company, among ~12 others, but the stock is all Textron stock.
I guess its kind of like internal diversification. I realize Google is a decently unique company, so I'm not sure exactly why they did what they did, but the model they jumped to seems common enough.
- encoderer 11y agoOr, Berkshire Hathaway