Newell Company: The Rubbermaid Opportunity / ID: 750208

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ID number:750208

Author: Anonymous author (5)

Evaluation:

Published: 11.04.2003.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Extract

Newell Company: The Rubbermaid Opportunity
In October 1998, Newell Company was considering a merger with Rubbermaid Incorporated to form a new company, Newell Rubbermaid Incorporated. The agreement would be through a tax-free exchange of shares valued at $5.8 billion. Newell had revenues of $3.7 billion in 1998 across three major product groupings: Hardware and Home Furnishings, Office Products, and Housewares. Rubbermaid is a renowned manufacturer of a wide range of plastic products ranging from children's toys through housewares.
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Newell Company: The Rubbermaid Opportunity