When an Acquisition Goes Awry It's Usually Because of Culture (i4cp login required)
i4cp
FEBRUARY 11, 2020
Because of this, the acquisition was initially championed as a "merger of equals" but definitely not treated as such. Lafley, P&G’s chairman, president, and CEO at the time (Lafley retired in 2015), described how important culture was in his early acquisition discussions with Gillette’s CEO, Jim Kilt, who called him to propose a deal. “It
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