In 1919 this beverage company was sold to Atlanta banker Ernest Woodruff for $25 million
[DOC] [TLE] Asa Candler, Founder of the Coca-Cola Company - Inc.com [PAR] May 1, 2009 ... Candler wasn't an inventor; he didn't come up with a great company name or 
even ... pharmacists were mixing the beverage correctly with carbonated water, 
and that ... for around $25 million by an investor group led by Ernest Woodruff.