THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Corporate headquarters are overrated, mayor says

Gillette Co. has become a better partner since Procter & Gamble Co. acquired it in 2005, Mayor Thomas M. Menino said. Gillette Co. has become a better partner since Procter & Gamble Co. acquired it in 2005, Mayor Thomas M. Menino said. (File/The Boston Globe)
By Binyamin Appelbaum
Globe Staff / April 24, 2008

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As Boston lost the headquarters of Gillette Co. , FleetBoston Financial Corp. , John Hancock Financial Services Inc. and others through corporate acquisitions, many saw signs of a local economic decline. If the headquarters went elsewhere, then Boston was becoming a branch office. (Full article: 950 words)

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