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Thread: P&G sells Pringles to Kellogg

  1. #1
    Smart Canuck K8's Fate's Avatar
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    Procter & Gamble has completed its $2.7 billion sale of Pringles to the Kellogg Co. P&G sold its only food product, and Kellogg gets another snack product.

    http://news.cincinnati.com/article/2...-Pringles-sale
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    Canadian Guru DaveP's Avatar
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    $2.7 billion for Pringles?

    They were 2/$4 at Foodland a few weeks ago!
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    Smart Canuck ninna's Avatar
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    ^ lol
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    Smart Canuck K8's Fate's Avatar
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    Quote Originally Posted by DaveP View Post
    $2.7 billion for Pringles?

    They were 2/$4 at Foodland a few weeks ago!
    They certainly didn't use a coupon!
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    Mastermind Natalka's Avatar
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    Oh, yay.... another reason for a product price increase!

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    Mastermind Shwa Girl's Avatar
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    I like it when there are more companies that can compete. I don't like one company holds all the products.
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  7. #7
    Mastermind Natalka's Avatar
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    I totally agree, Shwa Girl, I definitely am not a fan of monopolies.
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    Maybe P & G will be selling off more products.They sold off Comet and Spic and Span years ago.

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    Smart Canuck glowworm2k's Avatar
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    I guess they are part of Kraft and Kellogg corp's oligopoly on convenience foods now. Pringles was a bit of an odd fit for P&G as most of their products are personal care ones, not foodstuffs. Then again, the same company (Unilever) makes my deodorant and my margarine, so I guess that's not too unusual. Pringles aren't bad (I do eat them on occasion), but they always make me think that they will last forever sealed inside their little can... a little potato chip time capsule
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