Word: syrup
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Richardson-Vicks, which sells such popular products as NyQuil cough syrup and Clearasil acne cream, agreed to sell out to Procter & Gamble for $1.24 billion and thus avoid a bid from Unilever. Revlon, which markets items ranging from Charlie perfume to Tums antacid tablets, eluded Pantry Pride by accepting a buy-out offer of about $1.7 billion from Forstmann Little. If the deals go through, Richardson-Vicks and Revlon will join General Foods (Jell-O, Maxwell House coffee) and Nabisco (Oreo cookies, Ritz crackers) on the list of consumer-goods titans being taken over this year...
Currently, all Harvard dining halls serve New Coke. According to Bauer, the Food Service doesn't have a choice of what Coke to serve because the Coca-Cola company has not yet put Coke Classic syrup into the five--gallon containers used by dining hall soft-drink machines...
Maxwell House coffee. Log Cabin syrup. Oscar Mayer hot dogs. Jell-O. Birds Eye peas. From breakfast to dinner, millions of Americans eat General Foods products every day, never realizing that one company makes them all. While its products are household names, the firm, which had sales during its last fiscal year of $9 billion, is low-keyed, given to such simple boasts as "We sell more kinds of food and more of it." That tone may soon change. Last week General Foods was taken over by Philip Morris (1984 revenues: $13.8 billion), whose Marlboro man and Virginia Slims woman...
...surface, A.H. Robins of Richmond would seem to be a thriving company. Its popular products, including Robitussin cough syrup, Chap Stick lip balm and Sergeant's flea and tick collars, last year generated record sales of $632 million. But the 119-year-old pharmaceutical firm is now facing financial ruin because of a $3 item it has not sold in a decade: the Dalkon Shield intrauterine birth control device. Deluged by more than 12,000 lawsuits charging that the Dalkon Shield was responsible for countless serious illnesses and at least 20 deaths among the women who used it, Robins last...
...several thousand Russian immigrants, most of them Jewish, who arrive each year. Near the boardwalk, babushkas at a swing set push grandchildren, while over at the M&I International food store, women who spent last summer in Odessa this summer buy kapchonka (dried fish), Yugoslavian black-currant syrup and Borjouri seltzer water direct from Soviet Georgia. El Mundo III in Jackson Heights is one of the city's 6,500 bodegas, tiny mama-y-papa Hispanic grocery stores that sell fresh coconuts and plantains, yucca and 10-lb. bags of rice, instant masa from Venezuela or Colombian figs in syrup...