> given the prestige that Carnegie Hall holds in American culture. Carnegie Hall... | Hacker News

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gaadd33 on March 21, 2018 | parent | context | favorite | on: Chinese Companies Are Buying Up Cash-Strapped U.S....

> given the prestige that Carnegie Hall holds in American culture.

Carnegie Hall wasn't built by the Carnegie Steel Company was it? It seems totally reasonable to separate the aspirations/interests of the owner of a company with the company that he used to make the money.

hangonhn on March 21, 2018 [–]

No it wasn't but neither is it in this case:

"After spinning off the steel business and adding schools, it changed Jiangsu Zhongtai’s name to Beijing Kaiwen in January."

They got rid of their steel business, went into education, and change its name to reflect that.

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