Whoa!!! For people interested in Corporate History!

Jan 28, 2005 19:05

P&G buys Gillette for $57B

After surviving 4 takeover attempts, greedy shareholders dumping stock, they're finally acquired by P&G. Colman Mockler must be turning in his grave right now... better that he died of a heart attack than a broken heart.

This deal creates the biggest consumer product company the world has ever seen... now let's see how Unilever and Colgate-Palmolive reacts.
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