 In 1988, Chronicle Publishing made its final purchase in buying Motorbooks, a renowned imprint dealing with automotive books; Chronicle Publishing then established MBI Publishing Company as parent company to Classic Motorbooks and Motorbooks International.As late as 1993, Nan Tucker McEvoy, granddaughter of "San Francisco Chronicle" founder M. H. de Young and chair of Chronicle Publishing Company's board of directors, declined an offer of $800 million made by Hearst Corporation for Chronicle Publishing.She told "Editor & Publisher" that the sale of the "San Francisco Chronicle" would take place "over [her] dead body", and was widely quoted.