P&G buys Gillette for $57B
Stock transaction brings razors and batteries to the maker of Tide, Pampers and Crest.
January 28, 2005: 3:30 AM EST
NEW YORK (Reuters) - Procter & Gamble Co. said Friday it would buy Gillette Co., for about $57 billion in stock, uniting two iconic U.S. producers of household goods ranging from Pampers diapers to Duracell batteries. [Read full article]
