The McDonald brothers accomplished their personal goal to get rich when they sold their chain in 1960 for $2.7 million to Ray Kroc. He proceeded to built the company into a global powerhouse.

Ray Kroc, McDonald's, And The Fast-Food Industry ... While the original deal he had struck with the McDonald brothers endeared Kroc to early franchisees, it also set his fledgling enterprise on a

Kroc set up a chain of drive-in restaurants based on the McDonald brothers model of assembly line preparation for high volume food sales.

On his travels he picked up the beat of a remarkable restaurant in San Bernardino, Calif., owned by two brothers, Dick and Mac McDonald, who had ordered eight mixers and ... Kroc, ever the instigator,

; Ray Kroc; McDonald's begat an industry because a 52-year-old mixer salesman understood that we don't dine — we eat and run; By JACQUES PEPIN; Intro: Big Wheels Turning;

In 1954, Kroc found the McDonald brothers in a hamburger stand in San Bernadino, Calif., ... Ray Kroc, once a paper cup salesman, founded the McDonald's fast-food empire in the 1950s.

1961 Ray Kroc buys out the McDonald brothers for 2.7 million dollars. The first Hamburger University is opened. Speedee gives way to the '' Golden Arches'' as logo.

Ray A. Kroc, the builder of the McDonald's hamburger empire, who helped change ... Mr. Kroc talked to the McDonald brothers about opening franchise outlets patterned on their restaurant,

Ray Kroc was born in Oak Park, Illinois, ... In 1961 Kroc bought out the McDonald brothers for $2.7m - one of the great bargains of all time. He expanded his chain and began advertising heavily.

Ray Kroc cuts a deal with the McDonald brothers to sell restaurant franchises. In exchange, Kroc would receive 1.4% of each store's total sales.