In 1948, Adams began spinning off assets from Phillips' diversification, forming subsidiaries while retaining a controlling interest in the company and a sizable share of any profits realized.
Adams began spinning off assets from Phillips'diversification, forming subsidiaries while retaining a controlling interest in the company of any profits realized. This was in 1948. Adams began spinning off assets from Phillips' diversification, forming subsidiaries while retaining a controlling interest in a sizable share of any profits realized. This was in 1948.