Coca Cola Corporation the name and formula, and abandoned the troubled corporation, starting, without its other principals, a new corporation, The Coca-Cola Company. In the same year, Charley Pemberton died at the age of forty, after an apparent overdose of opium, as he was probably addicted to it like his father. The Coca-Cola Company remained vulnerable, until the inactive Coca Cola Corporation's charter expired in 1908, to legal challenges from it. Coca Cola Corporation Coca Cola Corporation was an Atlanta, Georgia company, the first large-scale manufacturer and marketer of beverages based on the Coca-Cola formula, and closely related to The Coca-Cola Company, the
The Coca-Cola Company in every state in the union. Coca-Cola’s first ad read "Coca Cola. Delicious! Refreshing! Exhilarating! Invigorating!" As of 1948, Coca-Cola had claimed about 60% of the market share. In 1919, the company was sold to Ernest Woodruff's Trust Company of Georgia. By 1984, The Coca-Cola Company's market share decreased to 21.8% due to new competitors, namely Pepsi, being released. The company has a long history of acquisitions. Coca-Cola acquired Minute Maid in 1960 and in 1982, it acquired the movie studio Columbia Pictures for $692 million but Columbia was sold to Sony for $3 billion in 1989. It acquired the