Rembrandt divestiture
This article was originally published in The Rose Sheet
Executive Summary
FTC is collecting public comments through Dec. 7 on the proposed divestiture of the Rembrandt toothpaste and tooth whitening business by Procter & Gamble and Gillette, commission says. Recently merged consumer products companies submitted a petition to FTC requesting the sale be approved. P&G and Gillette announced the proposed sale of the brand, a condition of FTC clearance of the merger, to Johnson & Johnson's Personal Products Company in October (1"The Rose Sheet" Oct. 31, 2005, p. 8)...