When I was growing up watching Popeye cartoons on TV I also read many Popeye comic books,which I now know were done by Bud Sagendorf-who did the Popeye comic strip for decades.I have all the volumes of a series reprinting the original Elzie Chrisler Segar Popeye comic strip from 1928 to 1938.
What’s crazy to me is that back in the day sailors were looked up to even seen as tough men. But now a days they are seen as “pussies” by other branches of military lol. Personally as an army veteran I think all branches play their part but as being in the military this is what was constantly being instilled in our heads. I think it’s B.S. but it’s funny to see how the views have changed.
Chinese billionaire Li Shufu is now biggest single stakeholder in Daimler.
Geely chairman buys near 10 per cent share in Mercedes-Benz maker.
Chinese billionaire Li Shufu has bought a near 10 per cent stake in Mercedes-Benz maker Daimler, making him the German group’s largest single shareholder, a stock market filing showed on Friday.
Li, who chairs auto giant Geely Automobile Holdings, bought a 9.69 per cent stake in the carmaker, worth around € 7.2 billion (US$8.9 billion), according to the filing.
The size of the investment leapfrogs a 6.8 per cent stake in the Stuttgart-based group held by Kuwait and Renault-Nissan’s 3.1 per cent holding.
“Daimler is pleased to announced that with Li Shufu it could win another long-term orientated shareholder,” a spokesman for the Stuttgart-based group said.
Li had been “convinced by Daimler’s innovation strength, strategy and future potential”, he added.
German business media have for weeks reported Li and Geely’s interest in Daimler.
But Friday is the first time Li’s stake has crossed the threshold of 3 per cent of stock, requiring a public notification.
Two sources familiar with the thinking of Li Shufu told Reuters that his move to accumulate the stake, which has a market value of US$9 billion, was motivated by the “dramatic transformation” under way in the automotive industry.