Who bought out the stakes of Frederick R. Koch and William "Bill" Koch in 1983?
Charles Koch and David Koch
Fred Koch
Cargill
ExxonMobil
Answer
In 1983, after a bitter legal and boardroom battle, the stakes of Frederick R. Koch and William "Bill" Koch were bought out by Charles Koch and David Koch for $1.1 billion. This made Charles and David the majority owners of the company.
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