GM BUYERS ASSESS UNITED NEWELL RUBBERMAID

In the wake of housewares manufacturer Newell Co.'s announced intention to acquire Rubbermaid in a stock and debt transaction worth $5.8 billion, general-merchandise buyers contacted by SN said they expected the combination to benefit retail operations as well as the deal's participants.With over $3 billion in 1997 sales, Freeport, Ill.-based Newell's housewares products include Mirro, WearEver, Panex

In the wake of housewares manufacturer Newell Co.'s announced intention to acquire Rubbermaid in a stock and debt transaction worth $5.8 billion, general-merchandise buyers contacted by SN said they expected the combination to benefit retail operations as well as the deal's participants.

With over $3 billion in 1997 sales, Freeport, Ill.-based Newell's housewares products include Mirro, WearEver, Panex and Calphalon cookware; Anchor Hocking glassware; Goody hair accessories; and the S

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