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August 21, 2002
By: TOM BRANNA
Scottsdale, AZ-based Dial Corporation is still on the market. The board said last year it would look for a buyer so Dial could better compete with industry giants such as Procter & Gamble and Colgate-Palmolive. So far, no buyer has emerged, but Dial’s board has issued a statement that it still expects a sale or a merger to be Dial’s eventual best bet.The board also has signed chief executive officer Herb Baum to stay on until January 2006. He was brought in two years ago to re-invigorate the company.Dial makes and markets Dial soaps, Renuzit air fresheners, Armour canned meat and Purex laundry detergents.
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