In the early 1930s, Sam Stern sold pinball merchandise, parts, and accessories as an operator and distributor. In 1947, Sam boldly asked pinball mogul Harry Williams, of Williams Manufacturing Company, “Why don’t you sell me your company?”. In the end, Sam Stern became part owner with a 49% stake and was appointed as vice president of the company. When Williams stepped down in 1959, Sam Stern took full control.
Stern Electronics Inc. evolved from the ashes of pinball manufacturer Chicago Coin. Saddled with debt, the financially troubled amusement company went into bankruptcy and was acquired by Sam Stern’s…
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