OTHER NEWS - Sept. 11, 1992
- Share via
Gillette to Buy Parker Pen: Gillette Co. has agreed to buy British-based Parker Pen Holdings Ltd. for about $561 million, a single stroke that would make the No. 1 razor firm the world leader in the writing market. Gillette already sells inexpensive Paper Mate pens and high-priced Waterman pens. The company said Parker’s mid-priced line would fit in between the other two brands. Gillette officials said the deal must be approved by the government, acknowledging that it raised antitrust issues.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
