Energizer Holdings , the company behind household staples like Energizer batteries and personal care products like Schick razors, announced Wednesday that it is splitting itself into two publicly-traded companies, one that will focus on the household products segment while the other will focus on the personal care products.A few things are dead-nuts certain about this bit of news: First, some pirate (like Rmoney) has figured out already how to make a boatload of money from this. Second, the pirates told the directors that it "be good for the shareholders". Third, most of the smaller shareholders will be screwed over. And fourth, the people who work for Energizer will be fucked over.
Because that's what the capitalist pirates do. The Icahns, the Goldsmiths, the Romneys, they all specialize in getting their hooks into companies, looting them, and then leaving behind a dystopian landscape of shuttered factories, shattered towns and unemployed people.
2 comments:
SWMBO wants to know if vibrator batteries count as personal care products or household goods? ;-)
You know what happens when you put the battery in the Energizer bunny in backwards? He keeps coming and coming and coming g.....
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