Thursday, April 12, 2007

Buy Out


Nestle is reported to buy Gerber. According to news reports the price is $5.5 million from Gerber's current owner Novartis pharmaceutical. USA TODAY reported, "Nestle is the world's largest manufacturer of infant nutritional products--largely through its leading positions in developing countries such as Brazil and China-- but had no presence in baby food in the United States." For this and other news please go to http://www.usatoday.com/. http://www.foxews.com/. http://www.cnn.com/.

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