Jan 4, 1965 - Leo Fender sold the Fender Guitar Company to CBS for $13 million.Fender, who founded Fender Electric Instrument Manufacturing Company, or "Fender" for short, left the company and later founded two other musical instrument companies, Music Man and G&L Musical Instruments.  Be a winner with the Classic Rewards Club when you enter the keyword Fender.  Good luck and thanks for listening.