Mars, the makers of M&M’s, was near a deal last night to acquire the Wm. Wrigley Jr. Company, the chewing gum concern, for more than $22 billion, people involved in the talks said. The transaction would create a confectionery behemoth and could pressure rivals into a cascade of other mergers.
New York Times
Monday, April 28, 2008
Monday, April 7, 2008
Gourmet Groceries — for More!
No food, it seems, is safe these days from being repackaged in a shiny platinum case as an upscale product--there's even a $40 bottle of water designed by a Hollywood producer and sold in a frosted-glass container affixed with Swarovski crystals. I don't know if economists use bottled water as a measure of financial well-being, but there must be a growing split between the rich and the poor. Because even as some people worry about being able to put any kind of food on the table, the sales of specialty foods are up 17% over the past two years (compared with 4% for overall food sales).
Time Magazine
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