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Possible 3-Way Deal between Warner-Lambert, Procter & Gamble, American Home Products

HeadlineJan 19, 2000

Warner-Lambert has held talks with Procter & Gamble to gauge interest in a possible three-way deal that would involve P&G buying both the drug maker and American Home Products, this according to the Wall Street Journal. Warner-Lambert also makes Certs and Breath Mints. American Home Product makes Advil, Anacin and Preparation H. Among P&G’s products are Tide Laundry Detergent, Tampax Tampons and Folger’s Coffee. Acquiring Warner-Lambert, American Home or both could make the consumer products company P&G a force in prescription drugs, as well.

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