1. What were the possible synergies and forces propelling the merger between P&G and Gillette?
2. What other attempts were there to takeover Gillette?
3. In light of Gillette’s large increase in value during James Kilts tenure, was his compensation reasonable? Was his pay package in the best interest of shareholders?
4. What was the final P&G offer? What finally “sealed” the deal?
5. Explain the conflicts of interest for the investment bank in an M&A transaction.
6. Should investment bankers and companies spend their time appeasing politicians worried about the effects of possible mergers? Are politicians representing the interests of the American public when they question the merits of a deal?
7. What key learnings from our course does this case study illustrate?
8. What other “issues” has the merger of these two companies created?
9. How is Proctor & Gamble doing today and how is it handling the Coronavirus pandemic?
