Wednesday, December 1, 2010

Hmmm... Most Interesting Thing...

The most interesting thing I learned about McDonald's this semester is the fact that Mickey D's had acquired Donato's Pizza and Boston Market.  That's right, back in 1999 & 2000.  Now, mind you, they have since divested these acquisitions, but until this class I never knew they ever had attempted to diversify.  In case you missed it, you can see the complete information surrounding these acquisitions and divestitures by referring to my blog posting on October 16th.

The next most interesting thing I learned was how well the stock price has been performing in the past year.  Take today for instance, MCD closed today at $79.29 up $0.99 (or 1.26%).

http://www.google.com/finance?q=mcd

One last JUST FOR FUN FACT:

If McDonald's meat quality is so high, why is it so cheap?
Because McDonald's serves so many people each day, it is able to buy in bulk and then pass along the value to you. This enables McDonald's to offer its' customers the best prices on the freshest, highest quality products.
http://www.aboutmcdonalds.com/mcd/students/faq_for_students.html#11

Hope you enjoyed the fun facts.  I hope to post my final blog tomorrow!
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3 comments:

  1. AshleyDecember 1, 2010 at 5:05 PM

    I had no idea that they acquired those businesses as well. What an interesting fun fact.

    ReplyDelete
  2. AnonymousDecember 2, 2010 at 1:22 PM

    You wouldn't find it so interesting if you had ever had to make one of those pizzas. They were hard to make and McDonalds guaranteed them to be done in less than 5 minutes. Try delivering that in a drive-thru restaurant.

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