Megamergers reshape business growth in Wall Street cycle
Dayton firms discuss a wave of megamergers led by Procter & Gamble's $52 billion bid for Gillette and SBC Communications plans to acquire AT&T for $16 billion. Analysts cite cash-rich balance sheets, stronger markets, and tax-favorable repatriation as drivers. Experts note quick profit boosts from acquisitions and a predicted lasting merger trend.
MENTIONED IN THIS ARTICLE
Dayton
Procter & Gamble Co
Gillette
SBC Communications
At&t Corp
Wall Street
Robert Suttman
EBS Asset Management
Washington Township
Nancy Mohan
University of Dayton
Stron
Ger
P&g-Gillette
American Telephone & Telegraph Co
At&t
Metropolitan Life Insurance Co
MetLife
Travelers Life
Citigroup
Eastman Kodak Co
Versamark Digital Printing Equipment Company
Kettering
Creo Co
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Crit Thomas
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Thomas
SBC to Buy AT&T in 16 Billion Deal
The merger would create a national SBC with AT&T branding and network strength, expanding SBC's reach into long distance and business services while signaling potential moves by Verizon and BellSouth to acquire MCI. Regulatory scrutiny could stretch into mid-2006 as rivals weigh national infrastructure and corporate client rosters.
MENTIONED IN THIS ARTICLE
New York
At&t Corp
SBC Communications Inc
Ma Bell
SBC
U.S
Verizon Communications Inc
BellSouth Corp
MCI Corp
Verizon
At&t
MCI
P&G may have to sell Gillette brands to gain antitrust approval
Antitrust regulators likely will force Procter & Gamble to divest Gillette deodorant lines and possibly toothbrush products to secure approval for its 57 billion dollar Gillette takeover. Analysts say disposing Right Guard or Crest Oral-B related items could ease concerns over market dominance and affect whitening products.
MENTIONED IN THIS ARTICLE
Cincinnati
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Gillette Co
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Procter & Gamble
P&g
Crest
Jason Gere
New York
A.G. Edwards & Sons Inc
Gere
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Greenwich
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