When negotiating the terms of a M&A transaction, it is not only important to detail the price, terms and conditions to closing, but also the post-closing rights and obligations of the parties. Considering the benefits for both parties of a holdback escrow should be part of those negotiations.
1950: Hobery changed its name to Charmin Paper Company and continued to produce bath tissue, paper napkins, and other paper products. Charmin releases a toilet paper television commercial featuring the Delta Queen.
Tom's of Maine, a popular line of natural toiletries, is owned by Colgate-Palmolive -- a Fortune 500 company with $15 billion in revenues last year. Tom's of Maine is not the only earthy beauty company backed by a major American corporation. Rather, it's a common trend in the world of personal care products.