Another iconic American brand has been sold to foreigners. Hillerich & Bradsby Co. has made the famed "Louisville Slugger" wood bats for over 130 years. The company has now been sold to Wilson Sporting Goods Co. for $70 million. Wilson, in turn, is really owned by Amer Sports Corp.—based in Helsinki, Finland. Now, the Finns are perfectly nice people—but what do they know about bats? Yet another sign of the Apocalypse.