New battle line in cola war: Wendy's joins Coke

Article Abstract:

Coca-Cola has been named by Wendy's International as sole softdrink supplier for the next decade, a move that comes just four months since an anti-trust suit was filed against the softdrink bottler. Gary Hemphill, vice president at Beverage Marketing, said the battle for the $15-billion fountain market has just started. The Wendy's contract came even as PepsiCo said in its lawsuit that Coca-Cola is monopolizing the fountain segment of the soft-drink business. Prior to the Wendy deal, Dairy Queen renewed its Coke contact for seven years.

Comment:

Has been named by Wendy's International as sole softdrink supplier for the next decade

New orders received, Food Services and Drinking Places, Use of materials & supplies, Eating Places, Flavoring Syrup and Concentrate Manufacturing, Soft Drink Syrups, Coca-Cola Co. (Atlanta, Georgia), Restaurants, Wendy's International Inc., Article

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P&G picks up Clairol for $4.95 billion cash

Article Abstract:

Procter and Gamble (P&G) has bought Clairol from Bristol-Myers for $4.95 billion in cash. The acquisition allows P&G to gain ownership of the Clairol, Herbal Essences and Nice 'n Easy brands, which complement its Pert, Head & Shoulders, Pantene and Vidal Sassoon brands. However, P&G could likely sell one of its hair-care brands just to gain antitrust approval for the deal. Its shares also fell by $2.23 to $65.25 after the deal was announced.

Asset sales & divestitures, Acquisitions & mergers, Toilet Preparation Manufacturing, Hair Preparations, Home Hair Colorings, Hair care preparations, Clairol Inc., Home hair coloring products

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Business in the shadow of war

Article Abstract:

US business is in a state of confusion as war begins with Iraq.

Production management, Iraq, Venture Analysis, Analysis, Risk assessment, Economic aspects, Cover Story, United States economic conditions, Military aspects, United States foreign relations, Business enterprises, Wars, War, War economy, Iraqi foreign relations

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