« Economics, Nobels and ideology | Main | Hayek on desert »

January 31, 2005

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dearieme

Succeed for whom? I'll bet they often succeed for the decision-makers - ooh, those lovely incentives - but for the shareholders of the buying company? Less likely; after all, no-one was seriously considering their interests anyway, were they?

Monjo

The P&G purchase of Gillette will succeed. The two companies have fairly distinct products, so there are costs to be saved possibly in marketing, distribution and also the benefit of having more power against the major supermarkets.

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Why S&M?

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