| Dec 28th
Well, it's almost time for me to head off to Australia. Tomorrow, actually, but this might be my last chance to get in a blog before then. I will try to blog while there but won't promise. Christmas is over and it was quite a pleasant one. My son visited from Las Vegas and he said he had a good time. It looks like he is set on going back to college full time to qualify as an accountant. He did one class last semester and got an A, so it looks like he should do OK in that field. He has quite a bit of money coming to him for education from the time he spent in the United States Air Force; at least enough for about two years of college. We spent Christmas Eve morning at my wife's parents then headed to Pensacola Beach, Florida to where my wife's sister and family live. Lots of gifts were handed around and we all ate and drank too much.
Schwan sells bakery to Flowers
Flowers Foods to spend $52M on new bakery [Atlanta] Flowers Foods Q3 profit remains about $22 million [Atlanta] Flowers Foods names new CAO [Atlanta] Sutherland brings expertise to table [Mpls./St. Paul] Schwan's plans Tucker facility closure [Atlanta] .
The Search Party
In 2004, Google went public, selling its stock at an opening price of eighty-five dollars per share. Page and Brin, each of whom owned about fifteen per cent of the company, became billionaires; so did Schmidt, who owned about six per cent. Google's stock has at times climbed over seven hundred dollars a share, and a great many Google employees have become fabulously wealthy. In 2005, Google, outbidding Microsoft, paid a billion dollars for a five-per-cent stake in AOL and a five-year contract to deliver all AOL searches and search-based advertising. But it was the intended purchase of DoubleClick, a company that specializes in display and banner ads and video advertising, that unnerved many in the advertising industry. Microsoft, joined by A.T.&T., claimed that the combination of DoubleClick and Google would be “anti-competitive," and pressed the Federal Trade Commission to block the merger.
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