January 27, 2005, was an extraordinary day for James Kilts of Gillette, the show-stopping change expert known as “Razor head of Boston.” Kilts, with Procter & Gamble Chairman Alan Lafley, had orchestrated an acquisition of $ 57 billion of Gillette by P & G. The creation of the largest consumer products company in the world is going to end four years, the mandate of the slopes Scottish as CEO of Gillette and carry 104-year history of near Gillette as a titan of Independent Business in the Boston area. The agreement also capped a series of love between Gillette and other companies have fluctuated at different points along the administration of Gillette kilts. But almost immediately after the transaction was announced, P & G and Gillette have drawn criticism from the media and the state of Massachusetts on the conditions of sale. Could this merger shareholders benefited, or was primarily a vehicle for wealth creation for kilts?
David P. Stowell,
Christopher D Grogan
Source: Kellogg School of Management
Publication Date: June 1, 2006. Prod #: KEL183-PDF-ENG
Best Price Gillette could get? Acquisition of Procter & Gamble solution if Gillette