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Smucker Adds P&G's Folgers into Product Mix
J.M. Smucker Company President and Co-CEO Richard Smucker believes that coffee is the most perfect complement to breakfast and dessert -- two areas that his company knows a lot about. So why not add an iconic brand that has 150 years of history? The equation seems to add up to a perfect fit. Read on to find out how much the merger between Procter & Gamble's Folgers business and Smucker is expected to earn by fiscal year 2009. -
Update: InBev/Anheuser-Busch Deal Gives the Media a Buzz
Speculationwas everywhere about whether or not Belgium brewer InBev will make an offer to buyout St. Louis native Anheuser-Busch. Now the much-anticipated bid is making headlines as Anheuser-Busch confirmed a $46 billion buyout offer by InBev on Wednesday, June 11. Read on to see what the public is saying, from analysts to avid beer-drinkers, about the possible merger.