P & G buys Gillette. $57 billion.
I only have one, small question?
WHAT'S THE POINT?
No "economies of scale" for companies that size.
Batteries and toilet paper?
So I guess the answer is obvious.
What's the point?
Because they can!
Ah, if only their energy could have been directed to "insanely great" products, to steal a phrase from that boring "cool products" guy, Steve Jobs.
Dave Taylor does a great send-up of the deal.