Friday, October 14, 2005

Tata Buying Good Earth

If you follow tea news, you might be aware of rumors that India's Tata Tea was looking to buy an American company. As it turns out, the rumors were not greatly exaggerated. The Washington Post, among others, reported today that Tata, the world's second-largest branded tea company, has announced plans to buy Good Earth.

Good Earth will keep its name and continue to operate in Santa Cruz, California. The Post article, with all the thrilling facts and figures, is here.

No comments: