OTC

PepsiCo acquires V Water, a vitamin water brand in the UK, expanding its presence in the consumer demanded, healthier drinks category.

John (Jack) F. Smith Jr. announces his retirement while Kenneth I. Chenault is appointed to the board of directors.

Here it is, time to talk about new things and I feel so old.

Reckitt Benckiser Group plc successfully completed its acquisition of Adams Respiratory Therapeutics Inc. through a cash tender offer followed by a short- form merger of its indirect wholly owned subsidiary, Twickenham Inc., with and into Adams.

When LNK International, a private-label manufacturer of over the counter pharmaceuticals, wanted to improve its in-stock position with Rite Aid, the company turned to Prescient's Forecast Exchange solution, a web-based collaboration tool that helps retailers and suppliers to compare forecast information, manage to exceptions and adjust forecasts as required.

The consumer goods industry saw a lot of market altering news in 2007.

Reckitt Benckiser Group plc and Adams Respiratory Therapeutics have entered into a definitive agreement under which Reckitt Benckiser will tender for the acquisition of Adams for $60 per share in cash ($2.3 billion).

Smart Balance, the makers of low fat, heart healthy buttery spreads and other foods, along with Alacer Corporation, a world leader in Vitamin C Technology; Kettle Foods, the maker of all natural, hand-cooked Kettle brand potato chips; and Quaker Maid Meats, a provider of frozen sandwich steaks and other frozen meat products, have set plans in motion to enhance their trade promotion management strategies this month.