Tag Archives: fender guitar facts

January 4th: Fender Guitar Company, Which Was Started By an Out of Work Accountant Who Never Learned to Play the Guitar, was Sold to CBS for $13 Million

This Day In History: January 4, 1965 On this day in history, 1965, CBS purchased the Fender Guitar Company for $13 million from Leo Fender.  For reference, this would be around $90 million today.  This was also close to $2 million more than CBS paid for the New York Yankees just two years before.  After CBS continually reduced the quality […]

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