Marvelous Merger Still Complicated

The company that makes your toothpaste decides to merge with the company that makes your razor blades. At a minimum, all the products you need to make yourself pretty or handsome (or pretty handsome) will now be managed under the same roof.

Presumably, the merger of Procter & Gamble (PG Quote) and Gillette (G Quote) is based on larger, more traditional monetary assumptions, but from my bathroom, it looks like a good deal.

With mergers, comes change, however. And while the bigwigs at the two companies work out the corporate kinks, Gillette shareholders will need to take care of their portfolios. ...