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In 1891 Morgan arranged the merger of Edison General Electric and Thompson- Houson Electric Company to form General Electric, which then became the country's main electrical- equipment manufacturing company. After financing the creation of the Federal Steel Company he joined with Henry Frick to merge it with Carnegie Steel Company to form the United States Steel Corporation.
Andrew Carnegie was a Scottish-born American businessman, a major philanthropist, and the founder of the Carnegie Steel Company which later became US Steel. He is known for having built one of the most and influential corporation in United States history...
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