Another iconic American brand has been sold to foreigners.
Hillerich & Bradsby Co. has made the famed
"Louisville Slugger" wood bats for over 130 years.
The company has now been sold to Wilson Sporting Goods Co. for $70 million. Wilson, in turn, is
really owned by
Amer Sports Corp.—based in Helsinki, Finland. Now, the Finns are perfectly nice people—but what do they know about bats? Yet another sign of the Apocalypse.