Have Some Smuckers with your Folgers

Posted by Dave and Dennis on June 12th, 2008 at 02:12pm

Smuckers is buying Folgers from Proctor and Gamble.  For 3.3 Billion dollars.  And somehow they are doing it tax-free.

I didn’t bother to read the whole confusing story.  But if you are into these sort of major league plays - it may interest you to see how they are going to do it.

I want to buy my coffee tax free, too!

Folgers might not be your favorite, but they have good market presence and it makes me wonder why P&G would want to sell them in the first place.  Maybe they need the cash.

Here’s the “scoop“.

Tags: Billion Dollars, Buy Coffee, Coffee Tax, Confusing Story, Folgers, Major League, Market Presence, Proctor And Gamble, Proctor Gamble, Scoop, Smuckers

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