Pillsbury/Diageo & General Mills confirm talks

Grants | Legacy Digitization | Topics | Business & Industry |
July 13, 2000
Andrew Haeg - Reporter
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General Mills is in talks to buy Pillsbury from London based food and drinks conglomerate Diageo (dee-AHZ-ee-oh) for as much as 11-billion dollars. A deal is far from certain, and General Mills is not the the only potential buyer. But a sale would bring Pillsbury's corporate headquarters home, and could prevent another company from taking over General Mills. Minnesota Public Radio's Andrew Haeg reports.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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