August 10
On August 9, 1987, the TLC Group owned by Reginald Lewis purchased Beatrice Foods, a Chicago based international food company, for $985 million.
The TLC group was the first black owned business to earn $1 billion in sales.
On August 9, 1987, the TLC Group owned by Reginald Lewis purchased Beatrice Foods, a Chicago based international food company, for $985 million.
The TLC group was the first black owned business to earn $1 billion in sales.