Mergers and acquisitions
They finally announced it yesterday... P&G is buying Gillette in a deal that is estimated to cost $57 BILLION. That'll make P&G the biggest consumer-goods company in the world, with - count this - 21 billion-dollar brands, out-ranking Unilever and Colgate-Palmolive.Everyone was abuzz with this news in the office yesterday. The leadership team was quite giddy - our stock prices were gonna go up making them even richer. For the rest of us peons, we were just happy to have the opportunity to market beyond detergents, shampoos, soaps, diapers and feminine napkins.
Welcome shavers, toothbrushes, batteries and MEN's products for a change. I can go to an FGD now with cute guys and have an excuse to ask them what they want. And their head office is in Boston, which is pretty cold but still has more life than Cincinnati. Woohoo!
Man, I'm such a nerd.
posted by moan @ 2:46 PM
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