It’s true. Wrigley agreed to MARS’s unsolicited offer of $23 billion dollars. Essentially, that means Wrigley will be no more. OK, that’s not entirely true; we will operate as a wholly owned subsidiary of MARS but Wrigley will no longer be a publicly traded company.
I personally think it’s exciting to be a part of something historic and momentous. However, not everyone at Wrigley shares my sentiments. On a selfish level, I see the buyout creating many more opportunities, especially in the beginning as the two companies search for synergies and ways to create more value. The water cooler was definitely a buzz today though. It would be safe to say that today was a “throw away” day as most people spent time bouncing from cube to cube speculating on the future, of which, no one has any idea.
Bill Wrigley Jr. and our CEO, Bill Perez, spoke at a town hall meeting this afternoon and assured the worker bees that this is good for the company and that no immediate changes (i.e. layoffs) are expected. Which I tend to believe since it wouldn’t make much sense for MARS to pay such a premium for a company only to make drastic changes.
The only downside that I can plainly see is potentially the free M&Ms. Keeping my girlish figure may have just gotten exponentially harder.
Stacy has a friend, Shelby, who works at Shedd Aquarium. Since Stacy’s parents were in town this weekend, Shelby offered us all a “behind the scenes” tour of Shedd. It was interesting to view the holding tanks from the other side. However, instead of appreciating all these exotic sea creatures for their beauty and uniqueness, I found myself wondering, “I bet these crazy Bubblehead fish would taste good with some tartar sauce.” This picture was taken from the top side of the viewing tank of those Bubblefish. When we approached, the fish swarmed to the surface, poking their heads just above water, and we were able to rub their domes.
This is the second time I’ve seen a couple having wedding photos taken in the middle of Michigan Ave. The first time I witnessed it, an entire wedding party was hugging the raised medium as they tried to position themselves according to the photographer’s vision.
I played in a small poker tournament tonight at the RSA Conference. Although, there was no money involved the winner did receive a sexy glass trophy and a SlingBox. I figured since I play over 20 hours a week, I should at least be the 3 or 4 seed.
Turns out that all my years of experience didn’t help one bit at this event. Basically everything I’ve ever learned about poker went out the window against these players. Many didn’t even know the hand rankings and 80% didn’t know how to bet or raise, let alone understand the reasoning behind these plays.
To make a long story short, I was on the small blind with AKs and raised 4 four limpers. I was called by 99 and A7s. I hit an A on the flop but A7s hit his flush on the river and I was all but decimated.
Even though there was no money involved I was still just as upset as when I have real cash at stake. It was definitely a unique marketing technique and the event was very professional. I suspected it would be some cheap card tables and crappy chips but it turned out that they hired the World Poker Tour crew to host the tourney. They had actual felt tables, legitimate chips, and even the same dealers and tournament directors as on TV. Definitely a cool experience and next year I guarantee a final table seat.
But who puts this vanity license plate on the back of a 2004 Honda Civic?