Kellogg’s acquires Pringles for about $2.7 Billion

Kellogg’s acquires Pringles for about $2.7 Billion

The Kellogg Company acquires Pringles, which was developed by Procter & Gamble in 1967, for just about $2.7 Billion in cash deal from Procter & Gamble. The snack business is fast growing and has bigger impact internationally. In a conference call with analysts, Kellogg’s chief executive, John A. Bryant, said that Pringles, known for its…

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Microsoft Corporation acquires Skype

Microsoft Corporation acquires Skype

Microsoft made a deal about purchasing Skype, internet communication company for $8.5 billion in cash. Skype have about 170 million active users (9 million paying users) and over 207 billion minutes of voice and video conversation in 2010. “Skype is a phenomenal service that is loved by millions of people around the world.Together we will…

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Johnson & Johnson agrees to buy Synthes

Johnson & Johnson agrees to buy Synthes

Pharmaceutical, multinational medical devices and consumer packaged goods manufacturer Johnson & Johnson agrees to buy Synthes, the medical device maker for $19.7 Billion in cash and stock deal. “The completion of the Synthes acquisition creates the world’s most innovative and comprehensive orthopaedics business and reflects our long-standing strategy of leadership within attractive health care markets,”…

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