When an Acquisition Goes Awry It's Usually Because of Culture (i4cp login required)
i4cp
FEBRUARY 11, 2020
Some refer to it as one of the worst acquisitions in U.S. 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 corporate history (Holson, 2008).
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