Forum Discussion
Kamphiker
Aug 11, 2019Explorer
MEXICOWANDERER wrote:
Duracell is a buzzword trade name. Duracell is an office with a couple dozen Herb Tarlicks running around inside.
On October 24, 2014, Procter & Gamble announced it would spin off Duracell in 2015 as part of a wider restructuring scheme. On November 14, 2014, Berkshire Hathaway declared its intent to acquire Duracell in an all-stock deal, consisting of $4.7 billion worth of P&G stock then owned by Berkshire Hathaway.
Warren Buffet / Berkshire has Extended the agreement for the use of the Duracell Name to East Penn for a fee ($$$$) to be used on Automotive / Marine / Golf Cart batteries. I don't recall how long that agreement is to run.
I just picked up 2 EGC2 from Sams ($ 20.00 off 1 day sale) dropped the cost to $ 113.00 each after all the taxes / state fees. they replaced the 2 Duracell EGC2's that lasted 7 years plus.
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