An interesting little bit of news I was previously unaware of:
Colgate-Palmolive bought Tom's of Maine.
Back when I was an idealistic teen, I often bought Tom's of Maine toothpaste in Fennel flavour. It's like cool, hip, enviro-friendly, toothpaste with mountain-climbing, hiker indie-cred! Toothpaste that the Man wouldn't brush his teeth with! I would still buy it (for the occasional change in toothpaste flavour), except that even as it's become more available, the price has never gone down. I think it still sells for around $5.50 CAD. It's a bit hard to justify when you're not rolling in money and plain old Colgate goes on sale for 59 cents.
Even though I'm sure the founders will do a lot of good with their money - I'm sure they'll conserve wetlands etc - it still struck me as a bit sad. I like having a lot of choice. And now, even though the choice to buy the product is still there, the money goes to the same people as if I buy the 59 cent Colgate. I know my logic is flawed, seeing as I haven't bought their product in years, but it affects me emotionally, not rationally.
I can't really blame them. I'm sure most contracts look really really good with $100 million attached.
"Mama, if that's selling up, then I'm sellin' out! Doo doo dee doo dee doo...."