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Nestle to buy Gerber for $5.5 billion »

Posted by: Aidenag 1 year, 4 months ago

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Nestle SA said Thursday it will buy baby-food maker Gerber Products Co. from pharmaceutical giant Novartis for $5.5 billion, pushing it to No. 1 in the baby-food market. The deal is expected to be completed during the second half of 2007, subject to approval by regulatory authorities, Nestle said.

Read Full Story at news.yahoo.com

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Comments So Far: 2
  • 58%
    MoreOn1 year, 4 months ago

    chocolate baby food. how cool can you get?

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    • 55%
      GregD1 year, 4 months ago

      Don't you mean:

      high fructose corn syrup pureed carrots cocoa = baby food

      Yummm....

      Reply

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    Aidenag

    Photographer by day, news junkie by night. My main areas of interest are politics and the environment. If you have any questions, problems, or suggestions ...

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